Obama Business Tax Plan Kiled After Outcry
wsj.com:
The Obama administration has shelved a plan to raise more than $200 billion in new taxes on multinational companies following a blitz of complaints from businesses.
wsj.com:
The Obama administration has shelved a plan to raise more than $200 billion in new taxes on multinational companies following a blitz of complaints from businesses.
Each Medicare patient feels entitled to have it with few strings attached. But the truth is that it is one more tax-funded program. Just like the stimulus money. Just like the wars. Just like everything else.
Robert Kuttner: A Virtuous Tax
A little bit of populist retribution is overdue against the people who brought down the system -- and will bring it down again if the hegemony of the traders is not constrained.
Robert L. Borosage: Building A New Economy: What Obama's Next Big Speech Should Be
Just as in his health care speech tonight, Obama must soon address the fundamental threat to our security that can no longer be ignored.
William J. Astore: A Seven-Step Program to Return America to a Quieter, Less Muscular, Patriotism
While ending the steroid era in baseball proved reasonably straightforward once the will to act was present, we as a country have yet to face, no less curtail, our ongoing steroidal celebrations of pumped-up patriotism.
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So much for expecting more of America. i guess he was only talking to the middle class workers to do more...again.
Any business tax imposed would be passed on to the consumer. A better idea would be to get the income tax on the richest 1% jacked back up to 94%. Relief from this rate would be based on direct action towards job creation. Problem solved!
Nothing like Rupert Murdoch's own propaganda bucket for the best in fiction disguised as news! Get yours today. Right.
First Posted: 10-13-09 01:21 PM | Updated: 10-13-09 01:51 PM