Please forgive that it’s Fox News, but that’s where my news aggregator took me. All I am going to reference from the news story, is a few quotes from Obama (so I assume those are at least factual)

http://www.foxnews.com/politics/2009/05/04/obama-crack-business-taxes/

"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.

"If financial institutions won't cooperate with us, we will assume that they are sheltering money in tax havens and act accordingly"

Are you kidding me? This is the same logic that Bush used to enter the war in Iraq. They won’t let us look for WMD’s, then they must have them, and we will act accordingly.

I forget the member that has the graphic of Obama living the thug life, but he is looking more and more accurate

The man has only been in office for about 3 months. Wait until at least the end of the year to make a statement like this.

He has been in office for over 100 days now. We were told to wait until then. Now the date is pushed back?

luinil said: He has been in office for over 100 days now. We were told to wait until then. Now the date is pushed back?

 Rating Obama on his first 100 day with all the problem he has to take care of is kinda stupid to me.

I just think that in the first 100 days you set your tone of your entire Presidency, unless something cataclysmic happens a little later.

The first 100 days are more important than the last 100 days.

g-value said: luinil said: He has been in office for over 100 days now. We were told to wait until then. Now the date is pushed back?    Rating Obama on his first 100 day with all the problem he has to take care of is kinda stupid to me.

So these statements will be more accurate in 7 months?

And in what job is the first year a fee ride?

This.

"If financial institutions won't cooperate with us, we will assume that they are sheltering money in tax havens and act accordingly"

When is this ever OK to say? first year? first term?

I will give you a hint....

Never. It's never ok.

Ay caramba! People still don't get it...


They are allll politicians. The government was never to be trusted to begin with! I understand that there are few of you who have just gotten into politics, whether it was b/c of Bush and the joy of him leaving and replaced by Obama, or Obama and the hatred of him having the office, but understand that this is how it always works.

Politicians lie, cheat, and do anything possible to stay in power! This is how it worked for Reagan, to Bush Sr. and Jr., Clinton and Obama...trust nobody!

Now that I'm done with my crazy radical conspiracy theory of how the world works, let us discuss the matter at hand.

I really don't know anything about economics, but I do pose a question. What good is it if we just let corporate greed run its course and carry on like business as usual by leaving the tax loopholes as it is? In the end, isn't letting the rich get richer and the poor get poorer a way of eliminating competition in its own ways?

That’s a different argument. There is something to be said for doing the right thing, and if it cost corporations some competitiveness to pay their own share, then that’s ok with me.

What I take issue with, is saying taxing them more makes them more competitive. Not the tax itself.