Obama, a liar and a bully, all in one press conference.

[Words Of Wisdom]

TheRealMafoo said:

"The way to make American businesses competitive is not to let some citizens and businesses dodge their responsibility, while ordinary Americans pick up the slack. Unfortunately, that's exactly what we're doing"

Forget for a moment if you think corporations should or shouldn’t pay more taxes. Explain to me how increasing the financial burden of a corporation, makes them more competitive? Does he believe the words coming out of his mouth? I am not arguing if these tax loopholes should be closed, I am just disgusted that Obama would try and spin it as a positive for competiveness. I guess when you feel your constituents are idiots, you can say anything.

Business A pays $50,000 a year in taxes.  Business B pays $0 a year in taxes.

Business B has a competitive advantage over A thanks to tax avoidance.  Closing the loophole that gives B its unfair advantage allows A to better compete against B.

It's not a matter of making one more competitve as much as it is about leveling the playing field.