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Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government Spend

lpast

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Congress is looking for sizable spending cuts in the months ahead, and voters see three so-called “corporate welfare” programs as potential candidates for the chopping block - farm subsidies, aid to large corporations to promote export sales and funding to help other countries buy U.S.-made weapons.


All the things the teapary never talks about...if it doesnt have social security or medicare or tax cuts for the rich...its not on their table


Voters See These
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Congress is looking for sizable spending cuts in the months ahead, and voters see three so-called “corporate welfare” programs as potential candidates for the chopping block - farm subsidies, aid to large corporations to promote export sales and funding to help other countries buy U.S.-made weapons.


All the things the teapary never talks about...if it doesnt have social security or medicare or tax cuts for the rich...its not on their table


Voters See These

Corporate welfare should be banned, the government should not prop up businesses. Regular welfare should only be treated like a helping hand not a hand out. As for social security if they want to ban or stop it then they should refund everyone who has contributed to it, it is something everyone should be entitled to it since they are forced to contribute directly to SS.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Congress is looking for sizable spending cuts in the months ahead, and voters see three so-called “corporate welfare” programs as potential candidates for the chopping block - farm subsidies, aid to large corporations to promote export sales and funding to help other countries buy U.S.-made weapons.


All the things the teapary never talks about...if it doesnt have social security or medicare or tax cuts for the rich...its not on their table


Voters See These

Not sure where you're getting that assessment. Loopholes, subsidies, and other programs that remove most or all of a corporation's tax obligation are issues the tea party has already thrown on the table. Perhaps there's confusion between "lower corporate tax rates" and "end subsidies and loopholes", but you can demand both at once and they are mutually exclusive issues. Creating a consistant, low (in relation to other countries) corporate tax rate while simultaneously eradicating loopholes and subsidies would likely increase tax revenue and decrease expenditures within the IRS and other agencies tasked with monitoring businesses.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Not sure where you're getting that assessment. Loopholes, subsidies, and other programs that remove most or all of a corporation's tax obligation are issues the tea party has already thrown on the table. Perhaps there's confusion between "lower corporate tax rates" and "end subsidies and loopholes", but you can demand both at once and they are mutually exclusive issues. Creating a consistant, low (in relation to other countries) corporate tax rate while simultaneously eradicating loopholes and subsidies would likely increase tax revenue and decrease expenditures within the IRS and other agencies tasked with monitoring businesses.

It would be a start.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Congress is looking for sizable spending cuts in the months ahead, and voters see three so-called “corporate welfare” programs as potential candidates for the chopping block - farm subsidies, aid to large corporations to promote export sales and funding to help other countries buy U.S.-made weapons.


All the things the teapary never talks about...if it doesnt have social security or medicare or tax cuts for the rich...its not on their table


Voters See These

I've posted the links for you that shows the Tea Party is against corporate welfare. You aren't one to allow your bigotry to get in the way of facts are you?.
 
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Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Not sure where you're getting that assessment. Loopholes, subsidies, and other programs that remove most or all of a corporation's tax obligation are issues the tea party has already thrown on the table. Perhaps there's confusion between "lower corporate tax rates" and "end subsidies and loopholes", but you can demand both at once and they are mutually exclusive issues. Creating a consistant, low (in relation to other countries) corporate tax rate while simultaneously eradicating loopholes and subsidies would likely increase tax revenue and decrease expenditures within the IRS and other agencies tasked with monitoring businesses.


The gop prompted by the teaparty defeated a bill to end subsidies for big oil

Senate GOP Votes Down Bill To End Big Oil Subsidies - Blogrunner
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

I've posted the links for you that shows the Tea Party is against corporate welfare. You aren't one to allow your bigotry to get in the way of facts are you?.

Perry then why in Ryans Plan the big kahunna of Deficit Reduction brainstorms totally supported by the tearparty...

Have corporate tax cuts to the tune of 28% and did it mention cutting corporate welfare ? all I heard was Social Security and Medicare
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

I'm all for closing the loopholes, but that alone won't do it. We need spending cuts, and we do need mild cuts to entitlement programs. I'm for a more comprehensive plan, reduce spending and raise revenue.

This is why I think it was absolutely ridiculous for all the GOP candidates to raise their hand in opposition to the hypothetical $10 in spending cuts to every $1 dollar in revenue increases. I'd jump at the option to tackle our debt and deficit that aggressively. I think it showed a clear preference for partisan politics over getting things done.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

The gop prompted by the teaparty defeated a bill to end subsidies for big oil

Senate GOP Votes Down Bill To End Big Oil Subsidies - Blogrunner

This article seems to provide some of the reasoning behind the vote. Looks to me like my suggestion for handling corporate taxation would have answered to some of the concerns expressed over this bill.

Senate GOP Votes Down Bill To End Big Oil Subsidies
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

This article seems to provide some of the reasoning behind the vote. Looks to me like my suggestion for handling corporate taxation would have answered to some of the concerns expressed over this bill.

Senate GOP Votes Down Bill To End Big Oil Subsidies

Only 1 of the tax credits is specific to energy production, the rest were just regular tax write offs that other businesses get to take.
They were trying to hit one industry with selective tax punishment.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Those aren't "big oil subsidies."
They are tax credits that all businesses get to take.

Why target one industry for the elimination?


no, these are specific oil company subsidies that should be removed. and while we're at it, let's make sure congress gives themsleves pay CUTS, and takes away the bennies for life deal.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

no, these are specific oil company subsidies that should be removed. and while we're at it, let's make sure congress gives themsleves pay CUTS, and takes away the bennies for life deal.

Out of the 5 (iirc) there was 1 specific tax credit for gas and oil production.
The rest were generic tax write offs that every business gets to take.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Only 1 of the tax credits is specific to energy production, the rest were just regular tax write offs that other businesses get to take.
They were trying to hit one industry with selective tax punishment.

Yeah, the article covers that. I was just refering back to how an across-the-board change in how we handle business taxation is the best route. Cherry picking (more to your point) isn't a good idea.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Out of the 5 (iirc) there was 1 specific tax credit for gas and oil production.
The rest were generic tax write offs that every business gets to take.

And the next gain was only $12 billion a year. I'm seeing daily government spending ranging from $9 billion to $11 billion. So if that brilliant little law had been passed we'd have made enough money to pay for slightly more than 1 day of government operation. And we would have been explicitly targeting one industry, removing tax credits which are universal to all other forms of industry, and opening the government up for a lawsuit that would (I'm sure) end up costing more than the expected revenues from this bill.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

And the next gain was only $12 billion a year. I'm seeing daily government spending ranging from $9 billion to $11 billion. So if that brilliant little law had been passed we'd have made enough money to pay for slightly more than 1 day of government operation. And we would have been explicitly targeting one industry, removing tax credits which are universal to all other forms of industry, and opening the government up for a lawsuit that would (I'm sure) end up costing more than the expected revenues from this bill.

Yep, they were just baiting the anti "big oil" crowd with that bill.
Discriminatory waste of time.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Perry then why in Ryans Plan the big kahunna of Deficit Reduction brainstorms totally supported by the tearparty...

Have corporate tax cuts to the tune of 28% and did it mention cutting corporate welfare ? all I heard was Social Security and Medicare

You do understand that tax rates and subsidies are two different things? Many will argue that tax rates should be lowered because it's the consumer than pays it. Subsidies are where we pay a corporation to do or not do something.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Out of the 5 (iirc) there was 1 specific tax credit for gas and oil production.
The rest were generic tax write offs that every business gets to take.

depletion allowances for oil? that's not generic, that's specific.

Foreign governments long ago grew wise to the U.S. tax code. To reduce costs for everyone involved and attract business, they agreed to call some royalties income taxes, allowing oil companies to take the 100% deduction on a bigger slice of their bill.

and the above is the problem i have with froreign income tax exemptions. the fact is, oil companies don't need any subsidies to continue with their record profits, especially when we are eliminating programs for the needy.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

depletion allowances for oil? that's not generic, that's specific.

I said there was 1 specific tax credit for oil and gas production.

and the above is the problem i have with froreign income tax exemptions. the fact is, oil companies don't need any subsidies to continue with their record profits, especially when we are eliminating programs for the needy.

Money not earned in the U.S, which doesn't use U.S. infrastructure, should not be taxed by any U.S. government entity.
Watch out with that loaded language, "record profits" are talking point words.
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

This article seems to provide some of the reasoning behind the vote. Looks to me like my suggestion for handling corporate taxation would have answered to some of the concerns expressed over this bill.

Senate GOP Votes Down Bill To End Big Oil Subsidies

Translation: Teabaggers are against corporate welfare except when they're for it (which is almost always)
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

Out of the 5 (iirc) there was 1 specific tax credit for gas and oil production.
The rest were generic tax write offs that every business gets to take.

And so you support all of them? Just the 1 specific tax credit? Or the other four?

Fnny how it's impossible to get a rightwinger to state their support for repealing any corporate welfare. When asked, All we get is blather
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

And the next gain was only $12 billion a year. I'm seeing daily government spending ranging from $9 billion to $11 billion. So if that brilliant little law had been passed we'd have made enough money to pay for slightly more than 1 day of government operation. And we would have been explicitly targeting one industry, removing tax credits which are universal to all other forms of industry, and opening the government up for a lawsuit that would (I'm sure) end up costing more than the expected revenues from this bill.

So you support those corporate welfare programs?

Gee, and I thought the teabaggers were all about opposing corporate welfare
 
Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

And so you support all of them? Just the 1 specific tax credit? Or the other four?

Fnny how it's impossible to get a rightwinger to state their support for repealing any corporate welfare. When asked, All we get is blather

The vote wasn't for 1 or 2 or part of the deduction/tax credit terminations. It was for all of them. The bill didn't give you the option to cherry pick. You either vote to discriminate against an industry through the tax code, or you don't. You either open the government up for an expensive lawsuit over 1/365th of our yearly budget, or you don't.
 
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