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Qtec
03-18-2011, 10:15 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Congressman Dave Camp (R-MI), the chairman of the House Ways and Means Committee, said he hopes to cut the tax rate for the richest individuals and corporations to 25 percent <u>to help spur job growth.</u><span style="color: #990000"> Geez..where have I heard that before?????????????</span>

The top U.S. tax rate has been 35 percent for both individuals and corporations since 2001, when President George W. Bush pushed for tax cuts. The previous rate, which President Barack Obama has proposed the US returns to, was 39.6 percent.

"There is no doubt that today’s tax code is too complex, too costly and takes too much time to comply with," Rep. Camp, who heads the House committee charged with writing tax legislation, said in a statement. "Add to that the unpleasant reality that America will soon have the highest corporate tax rate in the world, and it is no wonder that the current economic recovery has been far more muted than in past recoveries."

Along with Senate Finance Committee Chairman Max Baucus (D-MT), Rep. Camp has directed the Joint Committee on Taxation (JCT) to investigate ways the Congress can enact comprehensive tax reform.

Rep. Camp told the Wall Street Journal that the current tax code is "too burdensome for families and employers of all sizes to comply with." He said the tax code needs to promote job growth and would also like to see many popular deductions cut or eliminated.

"Congress must take a comprehensive approach to tax reform so that we address the needs of all job creators – big and small," he said. "I look forward to using this additional research to identify the pathways to the tax policies that promote the job creation our country needs."

<span style='font-size: 20pt'>According to the Wall Street Journal, lowering taxes on the wealthiest Americans to 25 percent would cost $2 trillion over a decade.</span> </div></div>


Q /forums/images/%%GRAEMLIN_URL%%/crazy.gif

pooltchr
03-18-2011, 10:45 AM
How many times do we have to tell you that corporations don't pay taxes?

Individuals pay taxes.

Now, if "corporate tax rates" are cut, would you think the corporations would have more money?

If they have more money, what would they do with it?

Hire more people? Fewer people on unemploymennt, and now paying taxes.

Pay out more in dividends to shareholders? More taxable income to the individuals who actually do pay taxes.

Why is this concept so difficult for you to comprehend?


Steve

Gayle in MD
03-18-2011, 11:13 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Congressman Dave Camp (R-MI), the chairman of the House Ways and Means Committee, said he hopes to cut the tax rate for the richest individuals and corporations to 25 percent <u>to help spur job growth.</u><span style="color: #990000"> Geez..where have I heard that before?????????????</span>

The top U.S. tax rate has been 35 percent for both individuals and corporations since 2001, when President George W. Bush pushed for tax cuts. The previous rate, which President Barack Obama has proposed the US returns to, was 39.6 percent.

"There is no doubt that today’s tax code is too complex, too costly and takes too much time to comply with," Rep. Camp, who heads the House committee charged with writing tax legislation, said in a statement. "Add to that the unpleasant reality that America will soon have the highest corporate tax rate in the world, and it is no wonder that the current economic recovery has been far more muted than in past recoveries."

Along with Senate Finance Committee Chairman Max Baucus (D-MT), Rep. Camp has directed the Joint Committee on Taxation (JCT) to investigate ways the Congress can enact comprehensive tax reform.

Rep. Camp told the Wall Street Journal that the current tax code is "too burdensome for families and employers of all sizes to comply with." He said the tax code needs to promote job growth and would also like to see many popular deductions cut or eliminated.

"Congress must take a comprehensive approach to tax reform so that we address the needs of all job creators – big and small," he said. "I look forward to using this additional research to identify the pathways to the tax policies that promote the job creation our country needs."

<span style='font-size: 20pt'>According to the Wall Street Journal, lowering taxes on the wealthiest Americans to 25 percent would cost $2 trillion over a decade.</span> </div></div>


Q /forums/images/%%GRAEMLIN_URL%%/crazy.gif </div></div>

Can you believe it!

Sixty percent of the deficit, GW Bush's Tax cuts!

What happened to the job market?

He has one of the the worst on record, if not the THE worst! He kept his war expenses off the record, and out of the budget! Gross waste, for his whole term, all pushed through by the Balnk Check Republican Majority!

Repulsive!

Republilcans know how stupid their base is, that's the whole problem! They also know how to keep them held hostage, to the Neocon/fascist failed policies, just keep throwing the hate fertilizer on their racist, sexist, homophobic, misogynistic, "Family Values" pretense, keep the class war going, divide and conquer, and the sheep will follow them right off the cliff, just like they did from 2002 straight through to the crash.

/forums/images/%%GRAEMLIN_URL%%/crazy.gif

Nuts!

G.

ugotda7
03-18-2011, 11:31 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Congressman Dave Camp (R-MI), the chairman of the House Ways and Means Committee, said he hopes to cut the tax rate for the richest individuals and corporations to 25 percent <u>to help spur job growth.</u><span style="color: #990000"> Geez..where have I heard that before?????????????</span>

The top U.S. tax rate has been 35 percent for both individuals and corporations since 2001, when President George W. Bush pushed for tax cuts. The previous rate, which President Barack Obama has proposed the US returns to, was 39.6 percent.

"There is no doubt that today’s tax code is too complex, too costly and takes too much time to comply with," Rep. Camp, who heads the House committee charged with writing tax legislation, said in a statement. "Add to that the unpleasant reality that America will soon have the highest corporate tax rate in the world, and it is no wonder that the current economic recovery has been far more muted than in past recoveries."

Along with Senate Finance Committee Chairman Max Baucus (D-MT), Rep. Camp has directed the Joint Committee on Taxation (JCT) to investigate ways the Congress can enact comprehensive tax reform.

Rep. Camp told the Wall Street Journal that the current tax code is "too burdensome for families and employers of all sizes to comply with." He said the tax code needs to promote job growth and would also like to see many popular deductions cut or eliminated.

"Congress must take a comprehensive approach to tax reform so that we address the needs of all job creators – big and small," he said. "I look forward to using this additional research to identify the pathways to the tax policies that promote the job creation our country needs."

<span style='font-size: 20pt'>According to the Wall Street Journal, lowering taxes on the wealthiest Americans to 25 percent would cost $2 trillion over a decade.</span> </div></div>


Q /forums/images/%%GRAEMLIN_URL%%/crazy.gif </div></div>

Can you believe it!

Sixty percent of the deficit, GW Bush's Tax cuts!

What happened to the job market?

He has one of the the worst on record, if not the THE worst! He kept his war expenses off the record, and out of the budget! Gross waste, for his whole term, all pushed through by the Balnk Check Republican Majority!

Repulsive!

Republilcans know how stupid their base is, that's the whole problem! They also know how to keep them held hostage, to the Neocon/fascist failed policies, just keep throwing the hate fertilizer on their racist, sexist, homophobic, misogynistic, "Family Values" pretense, keep the class war going, divide and conquer, and the sheep will follow them right off the cliff, just like they did from 2002 straight through to the crash.

/forums/images/%%GRAEMLIN_URL%%/crazy.gif

Nuts!

G. </div></div>


Hmmmmmmmmm, what was the deficit last month?

Liberalism is the philosophy of the terminally stupid.

PO...................?

LWW
03-19-2011, 01:21 AM
Lower the bar.