Corporations fear big tax hikes in White House budget

Jan 30, 2013 | Posted by: roboblogger | Full story: Reuters

Corporations fear they will be the main course on a menu calling for hundreds of billions of dollars in new tax revenue that President Barack Obama is expected to seek in his annual budget proposal, expected within weeks.

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Eric Gustafson

Newport News, VA

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#1
Jan 30, 2013
 

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Over the last 12 years, American Corporations have retained more than $4 Trillion from the Bush Tax policies, and they are whining now it's time to cut out of the Budget taxing loop holes.
Les Claypool

Grapevine, TX

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#2
Jan 30, 2013
 

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No big deal. They'll just move out, layoff or pass the expense on to the consumer.

But why worry about Obama having a budget to begin with?

Since: Mar 09

The Left Coast

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#3
Jan 30, 2013
 

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So the guy making $35K a year that just had his payroll taxes raised 2% under Obama may now lose his job. How is that taxing the 'rich'?

Since: Dec 07

Chandler, TX

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#4
Jan 30, 2013
 

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Eric Gustafson wrote:
Over the last 12 years, American Corporations have retained more than $4 Trillion from the Bush Tax policies, and they are whining now it's time to cut out of the Budget taxing loop holes.
Then WHY did nobummer extend them..........twice?
American Lady

Danville, KY

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#5
Jan 30, 2013
 

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George Bush, Queen Elizabeth, and Vladimir Putin all die and go to hell.

While there, they spy a red phone and ask what the phone is for.

The devil tells them it is for calling back to Earth.

Putin asks to call Russia and talks for 5 minutes.
When he is finished the devil informs him that the cost is a million dollars, so Putin writes him a check.

Next Queen Elizabeth calls England and talks for 30 minutes.
When she is finished the devil informs her that the cost is 6 million dollars, so she writes him a check.

Finally George Bush gets his turn and talks for 4 hours.

When he is finished the devil informs him that the cost is $5.00.

When Putin hears this he goes ballistic and asks the devil why Bush got to call the USA so cheaply.

The devil smiles and replies, " Since Obama took over , the country has gone to hell, so it's a local call."

;0)

“Obama Shames the USA”

Since: Apr 09

Location hidden

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#6
Jan 31, 2013
 

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Obama be needing his bling. Pay up suckers.
CLEVER GLOBO-COMMUNISTS & THEIR USEFUL LIBERAL IDIOTS

“So long to you, Righties”

Since: Jan 12

keep suckin' and whiffin'!

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#7
Jan 31, 2013
 
What, aren't the whiny bastards getting enough in credits, handouts, bailouts, etc. etc. already?

I'd favor cutting corporate taxes IF all corporations would pay what they owed. Too many in fact get huge REFUNDS based on shady accounting practicies, loopholes, and credits which their own lobbyists have engineered for them.

Let's have a flat 15% corporate rate - and make them PAY it.

“So long to you, Righties”

Since: Jan 12

keep suckin' and whiffin'!

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#8
Jan 31, 2013
 
American Lady wrote:
George Bush, Queen Elizabeth, and Vladimir Putin all die and go to hell.
While there, they spy a red phone and ask what the phone is for.
The devil tells them it is for calling back to Earth.
Putin asks to call Russia and talks for 5 minutes.
When he is finished the devil informs him that the cost is a million dollars, so Putin writes him a check.
Next Queen Elizabeth calls England and talks for 30 minutes.
When she is finished the devil informs her that the cost is 6 million dollars, so she writes him a check.
Finally George Bush gets his turn and talks for 4 hours.
When he is finished the devil informs him that the cost is $5.00.
When Putin hears this he goes ballistic and asks the devil why Bush got to call the USA so cheaply.
The devil smiles and replies, " Since Obama took over , the country has gone to hell, so it's a local call."
;0)
Idiotic and unfunny. Funny jokes usually have an element of TRUTH in them.

Since: Oct 08

Alpharetta, GA

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#9
Jan 31, 2013
 

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lighten up harvey, or I'll retell my obama/skunk j oke.

Since: Dec 07

Chandler, TX

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#10
Jan 31, 2013
 
tha Professor wrote:
What, aren't the whiny bastards getting enough in credits, handouts, bailouts, etc. etc. already?
I'd favor cutting corporate taxes IF all corporations would pay what they owed. Too many in fact get huge REFUNDS based on shady accounting practicies, loopholes, and credits which their own lobbyists have engineered for them.
Let's have a flat 15% corporate rate - and make them PAY it.
If obama's cabinet payed what THEY owed, and he cuts off his welfare base voting block...we could pay off the debt!!

President Obama's "stimulus" not only failed, it defrauded the American people. 1,900 investigations of misused funds and counting. They should start by investigating VP Biden, who was tasked with tracking every penny!

“Open your eyes”

Since: Sep 09

Central Florida

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#11
Jan 31, 2013
 
tha Professor wrote:
What, aren't the whiny bastards getting enough in credits, handouts, bailouts, etc. etc. already?
I'd favor cutting corporate taxes IF all corporations would pay what they owed. Too many in fact get huge REFUNDS based on shady accounting practicies, loopholes, and credits which their own lobbyists have engineered for them.
Let's have a flat 15% corporate rate - and make them PAY it.
Hmmmmmmmmmmmm. So corporations only have to pay 15% while us average tax payers have to pay 35%?

Why not make it 15% across the entire board and end corporate welfare. Everyone sinks or swims on their own merit.
Eric Gustafson

Newport News, VA

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#12
Jan 31, 2013
 

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Bluebonnets-Thistle wrote:
<quoted text>
If obama's cabinet payed what THEY owed, and he cuts off his welfare base voting block...we could pay off the debt!!
President Obama's "stimulus" not only failed, it defrauded the American people. 1,900 investigations of misused funds and counting. They should start by investigating VP Biden, who was tasked with tracking
every penny!
In America, currently there are less people receiving Public Assistance/Welfare than the margin of Victory Obama enjoyed in the Popular Vote against Romney.

4.5 Million people in America are in a position to have to depend on Public Assistance, When it comes to food stamps, 49 Million receive Food Stamps, overwhelmingly those individuals represent the Working Poor in America, there where you live, 45% of the workers are receiving or qualify to receive Food Stamps.

Unions aren't big in Texas, and where there are no respect for Unions there is no much respect for workers rights, Wage security doesn't exist.

That fact is backed up by 1 in every 6 individuals in Texas are existing in poverty, 1 of every 4 kids and 65% of the Texas Senior Citizen population.
Eric Gustafson

Newport News, VA

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#13
Jan 31, 2013
 
Kahoki wrote:
<quoted text>
Hmmmmmmmmmmmm. So corporations only have to pay 15% while us average tax payers have to pay 35%?
Why not make it 15% across the entire board and end corporate welfare. Everyone sinks or swims on their own merit.
Common sense policies would dry up political donations.
Say the Truth

Eatontown, NJ

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#14
Jan 31, 2013
 
tha Professor wrote:
What, aren't the whiny bastards getting enough in credits, handouts, bailouts, etc. etc. already?
I'd favor cutting corporate taxes IF all corporations would pay what they owed. Too many in fact get huge REFUNDS based on shady accounting practicies, loopholes, and credits which their own lobbyists have engineered for them.
Let's have a flat 15% corporate rate - and make them PAY it.
How about a flat 15% personal income tax? Aren't the whiny bastards (Obama voters) getting enough in credits, handouts, bailouts, etc. etc. already?
Eric Gustafson

Newport News, VA

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#15
Jan 31, 2013
 
Defined Failed, it's not evident on Balance Sheet around the Nation that the 2009 Stimulus failed.

Since 2009, American corporations have retain more than $2 Trillion from economic activities. On main street, where workers are sufficiently skilled and have experience jobs are plentiful.

If you're not employed that has more to do with your preparations, go get skilled. There are jobs laying unfulfilled because to many America don't have the training and skills to fill the demand.

Stop whining about a job and do something positive for yourself.
Bluebonnets-Thistle wrote:
<quoted text>
If obama's cabinet payed what THEY owed, and he cuts off his welfare base voting block...we could pay off the debt!!
President Obama's "stimulus" not only failed, it defrauded the American people. 1,900 investigations of misused funds and counting. They should start by investigating VP Biden, who was tasked with tracking every penny!

“Open your eyes”

Since: Sep 09

Central Florida

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#16
Jan 31, 2013
 
Eric Gustafson wrote:
<quoted text>
Common sense policies would dry up political donations.
Well..........this is true.
1 post removed

Since: Mar 09

The Left Coast

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#18
Jan 31, 2013
 
Kahoki wrote:
<quoted text>
Hmmmmmmmmmmmm. So corporations only have to pay 15% while us average tax payers have to pay 35%?
Why not make it 15% across the entire board and end corporate welfare. Everyone sinks or swims on their own merit.
Then we wouldn't have green energy or Chevy Volts or obamacare.
1 post removed

“So long to you, Righties”

Since: Jan 12

keep suckin' and whiffin'!

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#20
Jan 31, 2013
 
Bluebonnets-Thistle wrote:
<quoted text>
If obama's cabinet payed what THEY owed, and he cuts off his welfare base voting block...we could pay off the debt!!
President Obama's "stimulus" not only failed, it defrauded the American people. 1,900 investigations of misused funds and counting. They should start by investigating VP Biden, who was tasked with tracking every penny!
If you had a functioning brain, maybe you could at least find SOME subject you could discuss honestly and intelligently, instead of blustering, attacking Obama, telling iles, and starting diversions.

Hmm?:)

“So long to you, Righties”

Since: Jan 12

keep suckin' and whiffin'!

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#21
Jan 31, 2013
 
RustyS wrote:
<quoted text>
Then we wouldn't have green energy or Chevy Volts or obamacare.
Righties want to get back to that Golden Age when men had jobs, women worked at home, kids behaved, minorities stayed on their own side of town, the Commies were kept in check, and smiling Dad greeted the postman or milkman on his way to work at his Good Job.

Of course, you dumb bastards would never have HAD any of those good things (just segregation, I guess) if it hadn't been for FDR, Democrats, high taxes on the rich, unions, and the biggest war in history! ROTFLMAO!!
straight shooter

Bellows Falls, VT

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#22
Jan 31, 2013
 
Say the Truth wrote:
<quoted text>
How about a flat 15% personal income tax? Aren't the whiny bastards (Obama voters) getting enough in credits, handouts, bailouts, etc. etc. already?
and don't forget, they feel like the poor shouldn't have to pay at all..
they will not accept a flat tax since it means their guys MAY have to pay even a little...
even if it means continuing these huge breaks to corporations they love to outrage about...

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