teapartysamurai
Gold Member
- Mar 27, 2010
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US corporate taxes favor small business ,15% rate with top rates of 39% while foreign countries tend to favor large business.Historically low? We have one of the highest corporate tax rates in the world!
And if government spending is the only "viable option" then explain why the stimulus failed so badly?
You guys can talk theory economics all day long, but the reality on the ground is why people are laughing at you.
This is as pathetic as the economists saying the recession is already over.
Tax rates around the world - Wikipedia, the free encyclopedia
No, the stimulus is doing exactly what it was designed to do. It is creating jobs. A report by the nonpartisan Congressional Budget Office shows the Recovery Act has increased the number of workers by between 1.2 million and 2.8 million. The CBO also projects that 3.7 million jobs could be attributed to the stimulus by the end of September. Jobs are being created but jobs are still being lost.
CBO finds 3.7M jobs created by stimulus - The Hill's On The Money
What our insipidly stubborn neocon GOP supporters fail to realize is that the Shrub's Bail out for the banks is what threw this country into the monetary abyss by being aimed ONLY at the banks and Wall St. WITH TAXPAYERS MONEY....with the insane notion that Reaganomics would right everything. Obama's stimulus, however flawed, is aimed at directly restoring jobs to the small business man and our job producing industry.
Big difference....as the auto industry will tell you.
Mind you, Obama and company cower at the thought of ending the unfair trade situation with China...but they did try to at least stop the outsourcing of jobs (no thanks to the GOP and 4 Bluedog/BS Democratic Senators. But somehow I believer our neocon parrots will just keep voting against their interest.
So, giving the stock holders the finger and putting the unions that bankrupted the auto industry in charge is better????????
Only a liberal would think that.