Obama: Top Tax Rate Should Be 28% for Corporations, 40% for Small Businesses

[Lucille]

Fascists hate small businesses.

Obama: Top Tax Rate Should Be 28% for Corporations, 40% for Small Businesses
hxxp://www.weeklystandard.com/blogs/obama-top-tax-rate-should-be-28-corporations-40-small-business_742312.html


The New York Times reports that President Obama is reviving an old proposal to lower the corporate tax rate from 35 percent to 28 percent (and 25 percent for manufacturers). Obama's push to lower the corporate tax rate to 28 percent comes less than a year after he raised the top individual income tax rate, paid by many small businesses, to 39.6 percent...

[AuH20]

Hero of the middle class. Somebody should hit this punk with cow manure at his next rally.

[Christian Liberty]

How is this guy a "liberal"? He's not really even on the left. Just a statist.

There should be no such thing as a corporate tax, nor should there be such thing as a "corporation" in the traditional (limited liability: independent person) sense. If a bunch of people want to pool their assets together for a common purpose, go ahead, but there should be no special government recognition for that.

I don't really care how the government collects taxes from individuals, but government should control no more than 5% or so of GDP.

[AuH20]

How is this guy a "liberal"? He's not really even on the left. Just a statist.

There should be no such thing as a corporate tax, nor should there be such thing as a "corporation" in the traditional (limited liability: independent person) sense. If a bunch of people want to pool their assets together for a common purpose, go ahead, but there should be no special government recognition for that.

I don't really care how the government collects taxes from individuals, but government should control no more than 5% or so of GDP.

If we didn't have such a voracious legal system, you could make an excellent argument that we wouldn't need corporations at all.

[oyarde]

I heard that 40 % on small business , figure that , property tax ,social security , medicare , unemployment, health care fines alone would put them around 70 %.Obummer is an economic terrorist.

[Dr.3D]

These punks think they are better than God. God only wants 10% from his people.

[Pericles]

I heard that 40 % on small business , figure that , property tax ,social security , medicare , unemployment, health care fines alone would put them around 70 %.Obummer is an economic terrorist.

At this point, the only reason I'm in business is on order to buy more munitions of war.

[Kotin]

LOL this makes me laugh only because many of the dems I know are defined by their supposed "anti-corporation" stance..


and... (they also support obama)

[AuH20]

At this point, the only reason I'm in business is on order to buy more munitions of war.

But they have a plan for this as well!

[oyarde]

These punks think they are better than God. God only wants 10% from his people.

That sounds a little more reasonable too :)

[MoneyWhereMyMouthIs2]

40%????? Now that's encouragement. I think I'm headed straight for welfare. I many not be smart man... after all, I am but a caveman, but even a cavemen can understand this set of incentives.

[69360]

What is his reasoning behind that?

[thoughtomator]

There are next to no small businesses that could endure a 40% tax rate. That's way above the rate where many types of business are simply impossible to sustain economically.

[Dr.3D]

That sounds a little more reasonable too :)

Yep, if everybody only gave 10% it would work. Problem is, there are some who don't give anything and that messes it up for the others.

[Pericles]

But they have a plan for this as well!

I'm confident the ATF is tasked with that.

[AuH20]

There are next to no small businesses that could endure a 40% tax rate. That's way above the rate where many types of business are simply impossible to sustain economically.

Churches request 10%!!! How the hell do the overlords justify 40%?

[AuH20]

I'm confident the ATF is tasked with that.

I think they plan to starve their resistors like Stalin destroyed the Kulaks.

[Pericles]

Churches request 10%!!! How the hell do the overlords justify 40%?

Shut up and eat your gruel, or you'll be SWATted.

[oyarde]

I have some pretty good gruel at my place.

[Dr.3D]

Churches request 10%!!! How the hell do the overlords justify 40%?
One church told me they wanted 10% before taxes. I told them it would be 0% before or after taxes.

[oyarde]

Well we have a Keller & Keller ad at the bottom , I suppose @ 40 % you should be able to sue for injury ....

[AuH20]

I'd rather pay someone 20% out of pocket to wack me with a club as opposed to pay in excess of 60% for the total tax bill and THEN be derided as a racist, anti-American terrorist.

[Anti Federalist]

LOL this makes me laugh only because many of the dems I know are defined by their supposed "anti-corporation" stance..


and... (they also support obama)

DoubleThink.

Very effective Comrade.

You should try it sometime...in fact, I think it is required that you try it.

[AuH20]

Hopefully, we stop them before it gets to this point:

http://www.americanthinker.com/blog/2008/04/was_the_starvation_of_the_kula.html


In the 1930's, Josef Stalin unleashed a man made famine on the peoples of the Ukraine. Red soldiers siezed the harvest from Kulaks - peasant who owned their own land. Stalin's goal was to starve the Ukranians into submission and wipe out private property while feeding the hungry people who lived in cities. It was they who would riot and rebel if not fed and Russia under Communism was unable to feed its people

Hmmm. Why does this sound so so familiar?