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No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
Dude, you should be in comedy.
You guys blamed Clinton for 9/11, even though Dear Leader was asleep at the wheel and failed to defend the Eastern Seaboard. Then you blamed the Housing Meltdown on Jimmy Carter, who you've been blathering about daily for over 30 years. You've turned blame into an institution.
As for Socialism, your president basically handed homes to the poor. Listen to his words genius.
Listen to his words and stop blaming everyone else for what he did. We're sick of it.
That kind of thing happens when the guy was the USA's biggest catastrophe ever duh...and you want to do it again...Had nothing to do with the Bush World Depression lol...or the mindless obstruction of the GOP against solutions...idiot.Normal people can recognize which party cares about the welfare of the country, and which is bought off. Change the channel. And thanks for the stupidest wars ever and the corrupt world depression, dupe.
No problem. Thanks for the most government dependents in the history of this country.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
Those happened under the Bush administration. Their real name is "subsidies". It's expensive moving millions of jobs to China and closing down over 40,000 factories. All that has to be paid for. Which is why those companies were subsidized by government under Republicans during the Bush administrations.GAO: U.S. corporations pay average effective tax rate of 12.6 ...
money.cnn.com/2013/07/01/news/economy/corporate-tax-rate/...
The federal corporate tax rate stands at 35%, and jumps to 39.2% when state rates are taken into account. But thanks to things like tax credits, exemptions ...
U.S. Corporations Pay Average Effective Tax Rate of 12.6 ...
www.dailyfinance.com/2013/07/...companies-effective-tax-rate
AP By JAMES O' TOOLE U.S. companies face the highest official corporate tax rate in the world. But there's a big difference between the rates set out by ...
The Effective Corporate Tax Rate is at 12.1%, the ... - TIME
business.time.com/2012/02/06/the-corporate-tax-rate-is-at...
Despite the favored notion that the current US tax code sprung fully formed off Ronald Reagan's head in 1986, it’s not the case that companies tend to be ...
Reality Check: Effective U.S. Corporate Tax Rate Much Lower ...
thinkprogress.org/.../reminder-corporate-taxes-very-low
... the U.S. will have the highest statutory corporate tax rate in ... (the effective rate) fell to a 40 year low of 12.1 ... “Corporate taxes are ...
Effective Corporate Income Tax Rates and the Corporate Ta
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
Dude, you should be in comedy.
You guys blamed Clinton for 9/11, even though Dear Leader was asleep at the wheel and failed to defend the Eastern Seaboard. Then you blamed the Housing Meltdown on Jimmy Carter, who you've been blathering about daily for over 30 years. You've turned blame into an institution.
As for Socialism, your president basically handed homes to the poor. Listen to his words genius.
Listen to his words and stop blaming everyone else for what he did. We're sick of it.
Bush is partly to blame, but most of the blame belongs to the people that came up with the idiotic idea of pressuring banks to make unsecured home loans to pander to their voting base. Minorities and poor mostly vote Democrat. And the only time we ever bring it up is when the liberals try to lay all the blame on Bush.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
Dude, you should be in comedy.
You guys blamed Clinton for 9/11, even though Dear Leader was asleep at the wheel and failed to defend the Eastern Seaboard. Then you blamed the Housing Meltdown on Jimmy Carter, who you've been blathering about daily for over 30 years. You've turned blame into an institution.
As for Socialism, your president basically handed homes to the poor. Listen to his words genius.
Listen to his words and stop blaming everyone else for what he did. We're sick of it.
Bush is partly to blame, but most of the blame belongs to the people that came up with the idiotic idea of pressuring banks to make unsecured home loans to pander to their voting base. Minorities and poor mostly vote Democrat. And the only time we ever bring it up is when the liberals try to lay all the blame on Bush.
Bush had time to smoke in the Oval Office with Rush but never made the time to appear on ANY Conservative Media Outlets to protest the BIG BAD Democrats "forcing" Lenders to make "Bad Loans".
Obama ran for his 2nd term on eliminating Business Visas and Bad Trade Agreements and reneged on both.
That kind of thing happens when the guy was the USA's biggest catastrophe ever duh...and you want to do it again...Had nothing to do with the Bush World Depression lol...or the mindless obstruction of the GOP against solutions...idiot.Normal people can recognize which party cares about the welfare of the country, and which is bought off. Change the channel. And thanks for the stupidest wars ever and the corrupt world depression, dupe.
No problem. Thanks for the most government dependents in the history of this country.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
No, that kind of thing happens when YOU elect an incompetent and need somebody to blame for all of his failures. If it's not Bush, it's the Republican Congress, if it's not the Republican Congress, it's Reagan. If it's not Reagan, it's Nixon.
Just once I would love to see one of you liberals blame DumBama for anything......anything.
Another far left drone in denial that Clinton had four years and many opportunities to get Bin Laden..
It is like the Clinton years do not exist in their programming!
Still Clinton's fault.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
Dude, you should be in comedy.
You guys blamed Clinton for 9/11, even though Dear Leader was asleep at the wheel and failed to defend the Eastern Seaboard. Then you blamed the Housing Meltdown on Jimmy Carter, who you've been blathering about daily for over 30 years. You've turned blame into an institution.
As for Socialism, your president basically handed homes to the poor. Listen to his words genius.
Listen to his words and stop blaming everyone else for what he did. We're sick of it.
Bush is partly to blame, but most of the blame belongs to the people that came up with the idiotic idea of pressuring banks to make unsecured home loans to pander to their voting base. Minorities and poor mostly vote Democrat. And the only time we ever bring it up is when the liberals try to lay all the blame on Bush.
Bush had time to smoke in the Oval Office with Rush but never made the time to appear on ANY Conservative Media Outlets to protest the BIG BAD Democrats "forcing" Lenders to make "Bad Loans".
Obama ran for his 2nd term on eliminating Business Visas and Bad Trade Agreements and reneged on both.
I agree, and have stated repeatedly that yes, Bush was at fault too. But I won't lay all the blame on him the way liberals do with Bush.
Such as? All those things you mention are one thing, the New BS GOP Party. A disastrous disgrace.That kind of thing happens when the guy was the USA's biggest catastrophe ever duh...and you want to do it again...Had nothing to do with the Bush World Depression lol...or the mindless obstruction of the GOP against solutions...idiot.Normal people can recognize which party cares about the welfare of the country, and which is bought off. Change the channel. And thanks for the stupidest wars ever and the corrupt world depression, dupe.
No problem. Thanks for the most government dependents in the history of this country.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
No, that kind of thing happens when YOU elect an incompetent and need somebody to blame for all of his failures. If it's not Bush, it's the Republican Congress, if it's not the Republican Congress, it's Reagan. If it's not Reagan, it's Nixon.
Just once I would love to see one of you liberals blame DumBama for anything......anything.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
Dude, you should be in comedy.
You guys blamed Clinton for 9/11, even though Dear Leader was asleep at the wheel and failed to defend the Eastern Seaboard. Then you blamed the Housing Meltdown on Jimmy Carter, who you've been blathering about daily for over 30 years. You've turned blame into an institution.
As for Socialism, your president basically handed homes to the poor. Listen to his words genius.
Listen to his words and stop blaming everyone else for what he did. We're sick of it.
Bush is partly to blame, but most of the blame belongs to the people that came up with the idiotic idea of pressuring banks to make unsecured home loans to pander to their voting base. Minorities and poor mostly vote Democrat. And the only time we ever bring it up is when the liberals try to lay all the blame on Bush.
Bush had time to smoke in the Oval Office with Rush but never made the time to appear on ANY Conservative Media Outlets to protest the BIG BAD Democrats "forcing" Lenders to make "Bad Loans".
Obama ran for his 2nd term on eliminating Business Visas and Bad Trade Agreements and reneged on both.
I agree, and have stated repeatedly that yes, Bush was at fault too. But I won't lay all the blame on him the way liberals do with Bush.
It started here:
Bill Clinton's drive to increase homeownership went way too far - BusinessWeek
Actually Bush tried to reign in Fannie and Freddy..
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
However the Democrats/far left were the party of NO on this issue..
The George W. Bush administration was prevented from taking official action due to Senate Bill 190 of the 109 Congress never being allowed a full Senate vote, even though it was passed out of committee on a 13-9 vote along party lines (13 Republicans voted "Yes" and 9 Democrats voted "No"),[59] doing so would have prevented Congress' home ownership goals being realized.
Federal takeover of Fannie Mae and Freddie Mac - Wikipedia, the free encyclopedia
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
Dude, you should be in comedy.
You guys blamed Clinton for 9/11, even though Dear Leader was asleep at the wheel and failed to defend the Eastern Seaboard. Then you blamed the Housing Meltdown on Jimmy Carter, who you've been blathering about daily for over 30 years. You've turned blame into an institution.
As for Socialism, your president basically handed homes to the poor. Listen to his words genius.
Listen to his words and stop blaming everyone else for what he did. We're sick of it.
Bush is partly to blame, but most of the blame belongs to the people that came up with the idiotic idea of pressuring banks to make unsecured home loans to pander to their voting base. Minorities and poor mostly vote Democrat. And the only time we ever bring it up is when the liberals try to lay all the blame on Bush.
Bush had time to smoke in the Oval Office with Rush but never made the time to appear on ANY Conservative Media Outlets to protest the BIG BAD Democrats "forcing" Lenders to make "Bad Loans".
Obama ran for his 2nd term on eliminating Business Visas and Bad Trade Agreements and reneged on both.
Such as? All those things you mention are one thing, the New BS GOP Party. A disastrous disgrace.That kind of thing happens when the guy was the USA's biggest catastrophe ever duh...and you want to do it again...Had nothing to do with the Bush World Depression lol...or the mindless obstruction of the GOP against solutions...idiot.No problem. Thanks for the most government dependents in the history of this country.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
No, that kind of thing happens when YOU elect an incompetent and need somebody to blame for all of his failures. If it's not Bush, it's the Republican Congress, if it's not the Republican Congress, it's Reagan. If it's not Reagan, it's Nixon.
Just once I would love to see one of you liberals blame DumBama for anything......anything.
Such as? All those things you mention are one thing, the New BS GOP Party. A disastrous disgrace.That kind of thing happens when the guy was the USA's biggest catastrophe ever duh...and you want to do it again...Had nothing to do with the Bush World Depression lol...or the mindless obstruction of the GOP against solutions...idiot.No problem. Thanks for the most government dependents in the history of this country.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
No, that kind of thing happens when YOU elect an incompetent and need somebody to blame for all of his failures. If it's not Bush, it's the Republican Congress, if it's not the Republican Congress, it's Reagan. If it's not Reagan, it's Nixon.
Just once I would love to see one of you liberals blame DumBama for anything......anything.
Dude, you should be in comedy.
You guys blamed Clinton for 9/11, even though Dear Leader was asleep at the wheel and failed to defend the Eastern Seaboard. Then you blamed the Housing Meltdown on Jimmy Carter, who you've been blathering about daily for over 30 years. You've turned blame into an institution.
As for Socialism, your president basically handed homes to the poor. Listen to his words genius.
Listen to his words and stop blaming everyone else for what he did. We're sick of it.
Bush is partly to blame, but most of the blame belongs to the people that came up with the idiotic idea of pressuring banks to make unsecured home loans to pander to their voting base. Minorities and poor mostly vote Democrat. And the only time we ever bring it up is when the liberals try to lay all the blame on Bush.
Bush had time to smoke in the Oval Office with Rush but never made the time to appear on ANY Conservative Media Outlets to protest the BIG BAD Democrats "forcing" Lenders to make "Bad Loans".
Obama ran for his 2nd term on eliminating Business Visas and Bad Trade Agreements and reneged on both.
I agree, and have stated repeatedly that yes, Bush was at fault too. But I won't lay all the blame on him the way liberals do with Bush.
It started here:
Bill Clinton's drive to increase homeownership went way too far - BusinessWeek
Actually Bush tried to reign in Fannie and Freddy..
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
However the Democrats/far left were the party of NO on this issue..
The George W. Bush administration was prevented from taking official action due to Senate Bill 190 of the 109 Congress never being allowed a full Senate vote, even though it was passed out of committee on a 13-9 vote along party lines (13 Republicans voted "Yes" and 9 Democrats voted "No"),[59] doing so would have prevented Congress' home ownership goals being realized.
Federal takeover of Fannie Mae and Freddie Mac - Wikipedia, the free encyclopedia
Bush committed a Felony with Rush smoking cigars in the Oval Office.
Bush never used the Bully Pulpit to push the issue.
Rush was praising Bush to the heavens for not wasting Tax Payer dollars fighting against an "abuse" effecting only 3% of the economy.
Yep, yep, yep.
Dude, you should be in comedy.
You guys blamed Clinton for 9/11, even though Dear Leader was asleep at the wheel and failed to defend the Eastern Seaboard. Then you blamed the Housing Meltdown on Jimmy Carter, who you've been blathering about daily for over 30 years. You've turned blame into an institution.
As for Socialism, your president basically handed homes to the poor. Listen to his words genius.
Listen to his words and stop blaming everyone else for what he did. We're sick of it.
Bush is partly to blame, but most of the blame belongs to the people that came up with the idiotic idea of pressuring banks to make unsecured home loans to pander to their voting base. Minorities and poor mostly vote Democrat. And the only time we ever bring it up is when the liberals try to lay all the blame on Bush.
Bush had time to smoke in the Oval Office with Rush but never made the time to appear on ANY Conservative Media Outlets to protest the BIG BAD Democrats "forcing" Lenders to make "Bad Loans".
Obama ran for his 2nd term on eliminating Business Visas and Bad Trade Agreements and reneged on both.
I agree, and have stated repeatedly that yes, Bush was at fault too. But I won't lay all the blame on him the way liberals do with Bush.
It started here:
Bill Clinton's drive to increase homeownership went way too far - BusinessWeek
Actually Bush tried to reign in Fannie and Freddy..
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
However the Democrats/far left were the party of NO on this issue..
The George W. Bush administration was prevented from taking official action due to Senate Bill 190 of the 109 Congress never being allowed a full Senate vote, even though it was passed out of committee on a 13-9 vote along party lines (13 Republicans voted "Yes" and 9 Democrats voted "No"),[59] doing so would have prevented Congress' home ownership goals being realized.
Federal takeover of Fannie Mae and Freddie Mac - Wikipedia, the free encyclopedia
Bush committed a Felony with Rush smoking cigars in the Oval Office.
Bush never used the Bully Pulpit to push the issue.
Rush was praising Bush to the heavens for not wasting Tax Payer dollars fighting against an "abuse" effecting only 3% of the economy.
Yep, yep, yep.
Some University?????That's one of the worst articles I've seen from "fact check". Let's go over some of the points. Starting with this one:Those happened under the Bush administration. Their real name is "subsidies". It's expensive moving millions of jobs to China and closing down over 40,000 factories. All that has to be paid for. Which is why those companies were subsidized by government under Republicans during the Bush administrations.GAO: U.S. corporations pay average effective tax rate of 12.6 ...
money.cnn.com/2013/07/01/news/economy/corporate-tax-rate/...
The federal corporate tax rate stands at 35%, and jumps to 39.2% when state rates are taken into account. But thanks to things like tax credits, exemptions ...
U.S. Corporations Pay Average Effective Tax Rate of 12.6 ...
www.dailyfinance.com/2013/07/...companies-effective-tax-rate
AP By JAMES O' TOOLE U.S. companies face the highest official corporate tax rate in the world. But there's a big difference between the rates set out by ...
The Effective Corporate Tax Rate is at 12.1%, the ... - TIME
business.time.com/2012/02/06/the-corporate-tax-rate-is-at...
Despite the favored notion that the current US tax code sprung fully formed off Ronald Reagan's head in 1986, it’s not the case that companies tend to be ...
Reality Check: Effective U.S. Corporate Tax Rate Much Lower ...
thinkprogress.org/.../reminder-corporate-taxes-very-low
... the U.S. will have the highest statutory corporate tax rate in ... (the effective rate) fell to a 40 year low of 12.1 ... “Corporate taxes are ...
Effective Corporate Income Tax Rates and the Corporate Ta
Too bad you have no idea what you're talking about. From FactCheck.org:
FULL QUESTION:
When Democratic presidential candidates talk about tax breaks for corporations that ship our jobs overseas and tax breaks and subsidies for oil companies, what are they referring to and are they accurate?
FULL ANSWER:
It’s true that Sens. Hillary Clinton and Barack Obama have associated the transfer of U.S. jobs overseas with tax breaks, or loopholes, for companies that practice off-shoring:
Both candidates are referring to a feature of the U.S. tax code that allows domestic companies to defer taxes on “unrepatriated income.” In other words, revenue that companies earn through their overseas subsidiaries goes untaxed by the IRS as long as it stays off the company’s U.S. books.
But economists, including left-leaning ones, do not agree that eliminating this provision will bring an end to off-shoring. And here’s why: In the U.S., companies are taxed 35 percent on earnings of $10 million to $15 million or on all earnings over $18.3 million. That’s one of the highest corporate tax rates in the world, making an overseas move somewhat attractive to companies that wish to avoid the U.S. tax rate. But that’s not the leading reason companies send jobs overseas. According to a 2005 report by the Government Accountability Office, global technological advancement, increased openness of countries such as China and India, the higher education level of foreign workers in technological fields, and the reduced cost per foreign worker are all contributing factors to off-shoring.
We first addressed this popular theme in 2004, when we reported on a John Kerry campaign ad in which he blamed President George W. Bush for providing tax incentives to companies “outsourcing” jobs overseas. At the time we found that such tax breaks, which do exist, pre-dated the Bush administration and that even Democratic-leaning economists did not support the idea that changing the corporate tax code would end the movement of jobs overseas.
Oil and Gas Company Tax Breaks
According to a 2005 report by the Government Accountability Office, global technological advancement, increased openness of countries such as China and India, the higher education level of foreign workers in technological fields, and the reduced cost per foreign worker are all contributing factors to off-shoring.
A 2005 report???? You mean Republicans knew all the way back in 2005 foreign workers were getting more education than Americans? And what were they doing to correct that?
The GOP's Education Plan Gets an F
GOP cuts education nationwide - Google Search
And your stupid article goes on about a 35% tax when you know that's not the effective tax rate. You fuckers have been told that so many times, why the determined ignorance?
GAO: U.S. corporations pay average effective tax rate of 12.6%
Large, profitable U.S. corporations paid an average effective federal tax rate of 12.6% in 2010, the Government Accountability Office said Monday.
The federal corporate tax rate stands at 35%, and jumps to 39.2% when state rates are taken into account. But thanks to things like tax credits, exemptions and offshore tax havens, the actual tax burden of American companies is much lower.
U.S. corporate tax collection totaled 2.6% of GDP in 2011, according to the Organization for Economic Cooperation and Development. That was the eleventh lowest in a ranking of 27 wealthy nations.
That Factcheck article wasn't serious journalism from 2008, it was a political hit piece. None of the links worked except this one:
http://www.gao.gov/new.items/d065.pdf
So read it. There is no data in it. It's a report preparation for a debate defining terms. In fact, on page 56, it says:
Data are not available to directly provide information on workers dislocated due to offshoring.
Wouldn't you say that's awfully convenient for a report that's supposed to be about offshoring?
But if you really are interested, read this report on Bush's record on shipping jobs overseas.
http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=1012&context=laborunions
Instead of creating new jobs and championing the interests of America’s workers, the Bush administration has chosen to actively support policies that worsen our massive trade deficit, subject workers to unfair trade practices and reward companies for moving jobs overseas. President Bush stood by as countries violated our rights under international trade rules; he refused to enforce our domestic trade laws; he negotiated new trade deals that threaten to weaken our trade laws and fail to protect workers’ rights; he subsidized job destruction with taxpayer dollars; and he shortchanged displaced workers and workers’ rights overseas. President Bush refuses to reform our trade, tax and investment policies to create good jobs, and he refuses to enforce the trade rules already in place to protect those jobs still at home. The result of these misguided—and fundamentally wrong—policy choices has been the loss of hundreds of thousands of jobs. Every time President Bush has decided to help companies ship jobs overseas, America’s workers and their families have paid the price.
---------
Once a factory, like the over 40,000 that went "away" under Bush, is gone, it's gone. Those jobs don't just start up again. The very factories where those jobs happened are gone. Why don't Republicans understand that? The country didn't just lose jobs under Bush, it also lost the factories.
Oh please, you're challenging FactCheck with something you found on the internet from some University?
Let me explain what average means: If I am paying 10% of my gross in federal taxes, and you are paying 30%, that means the average is 20%. Now if you're a company that is paying that 30% WTF difference does it make what the average is? You're still paying that 30% and furthermore, the average also includes those companies that pay no taxes because of losses and write-offs. So yes, if you are paying 39% in corporate taxes, your corporation is better off getting out of this country.
And as FactCheck clearly points out, tax rates ARE JUST ONE of the many reasons companies go overseas. Education? What have the Republicans been fighting about with these worthless teachers unions? Who has been promoting School Vouchers and home schooling? Better question: WTF have Democrats done in regards to education besides asking for more money which never has done any good in the past?
Bush didn't do anything to move jobs overseas. Presidents don't move jobs--private industry moves jobs.
Bush is partly to blame, but most of the blame belongs to the people that came up with the idiotic idea of pressuring banks to make unsecured home loans to pander to their voting base. Minorities and poor mostly vote Democrat. And the only time we ever bring it up is when the liberals try to lay all the blame on Bush.
Bush had time to smoke in the Oval Office with Rush but never made the time to appear on ANY Conservative Media Outlets to protest the BIG BAD Democrats "forcing" Lenders to make "Bad Loans".
Obama ran for his 2nd term on eliminating Business Visas and Bad Trade Agreements and reneged on both.
I agree, and have stated repeatedly that yes, Bush was at fault too. But I won't lay all the blame on him the way liberals do with Bush.
It started here:
Bill Clinton's drive to increase homeownership went way too far - BusinessWeek
Actually Bush tried to reign in Fannie and Freddy..
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
However the Democrats/far left were the party of NO on this issue..
The George W. Bush administration was prevented from taking official action due to Senate Bill 190 of the 109 Congress never being allowed a full Senate vote, even though it was passed out of committee on a 13-9 vote along party lines (13 Republicans voted "Yes" and 9 Democrats voted "No"),[59] doing so would have prevented Congress' home ownership goals being realized.
Federal takeover of Fannie Mae and Freddie Mac - Wikipedia, the free encyclopedia
Bush committed a Felony with Rush smoking cigars in the Oval Office.
Bush never used the Bully Pulpit to push the issue.
Rush was praising Bush to the heavens for not wasting Tax Payer dollars fighting against an "abuse" effecting only 3% of the economy.
Yep, yep, yep.
What? How did GW commit a felony?
Some University?????That's one of the worst articles I've seen from "fact check". Let's go over some of the points. Starting with this one:Those happened under the Bush administration. Their real name is "subsidies". It's expensive moving millions of jobs to China and closing down over 40,000 factories. All that has to be paid for. Which is why those companies were subsidized by government under Republicans during the Bush administrations.GAO: U.S. corporations pay average effective tax rate of 12.6 ...
money.cnn.com/2013/07/01/news/economy/corporate-tax-rate/...
The federal corporate tax rate stands at 35%, and jumps to 39.2% when state rates are taken into account. But thanks to things like tax credits, exemptions ...
U.S. Corporations Pay Average Effective Tax Rate of 12.6 ...
www.dailyfinance.com/2013/07/...companies-effective-tax-rate
AP By JAMES O' TOOLE U.S. companies face the highest official corporate tax rate in the world. But there's a big difference between the rates set out by ...
The Effective Corporate Tax Rate is at 12.1%, the ... - TIME
business.time.com/2012/02/06/the-corporate-tax-rate-is-at...
Despite the favored notion that the current US tax code sprung fully formed off Ronald Reagan's head in 1986, it’s not the case that companies tend to be ...
Reality Check: Effective U.S. Corporate Tax Rate Much Lower ...
thinkprogress.org/.../reminder-corporate-taxes-very-low
... the U.S. will have the highest statutory corporate tax rate in ... (the effective rate) fell to a 40 year low of 12.1 ... “Corporate taxes are ...
Effective Corporate Income Tax Rates and the Corporate Ta
Too bad you have no idea what you're talking about. From FactCheck.org:
FULL QUESTION:
When Democratic presidential candidates talk about tax breaks for corporations that ship our jobs overseas and tax breaks and subsidies for oil companies, what are they referring to and are they accurate?
FULL ANSWER:
It’s true that Sens. Hillary Clinton and Barack Obama have associated the transfer of U.S. jobs overseas with tax breaks, or loopholes, for companies that practice off-shoring:
Both candidates are referring to a feature of the U.S. tax code that allows domestic companies to defer taxes on “unrepatriated income.” In other words, revenue that companies earn through their overseas subsidiaries goes untaxed by the IRS as long as it stays off the company’s U.S. books.
But economists, including left-leaning ones, do not agree that eliminating this provision will bring an end to off-shoring. And here’s why: In the U.S., companies are taxed 35 percent on earnings of $10 million to $15 million or on all earnings over $18.3 million. That’s one of the highest corporate tax rates in the world, making an overseas move somewhat attractive to companies that wish to avoid the U.S. tax rate. But that’s not the leading reason companies send jobs overseas. According to a 2005 report by the Government Accountability Office, global technological advancement, increased openness of countries such as China and India, the higher education level of foreign workers in technological fields, and the reduced cost per foreign worker are all contributing factors to off-shoring.
We first addressed this popular theme in 2004, when we reported on a John Kerry campaign ad in which he blamed President George W. Bush for providing tax incentives to companies “outsourcing” jobs overseas. At the time we found that such tax breaks, which do exist, pre-dated the Bush administration and that even Democratic-leaning economists did not support the idea that changing the corporate tax code would end the movement of jobs overseas.
Oil and Gas Company Tax Breaks
According to a 2005 report by the Government Accountability Office, global technological advancement, increased openness of countries such as China and India, the higher education level of foreign workers in technological fields, and the reduced cost per foreign worker are all contributing factors to off-shoring.
A 2005 report???? You mean Republicans knew all the way back in 2005 foreign workers were getting more education than Americans? And what were they doing to correct that?
The GOP's Education Plan Gets an F
GOP cuts education nationwide - Google Search
And your stupid article goes on about a 35% tax when you know that's not the effective tax rate. You fuckers have been told that so many times, why the determined ignorance?
GAO: U.S. corporations pay average effective tax rate of 12.6%
Large, profitable U.S. corporations paid an average effective federal tax rate of 12.6% in 2010, the Government Accountability Office said Monday.
The federal corporate tax rate stands at 35%, and jumps to 39.2% when state rates are taken into account. But thanks to things like tax credits, exemptions and offshore tax havens, the actual tax burden of American companies is much lower.
U.S. corporate tax collection totaled 2.6% of GDP in 2011, according to the Organization for Economic Cooperation and Development. That was the eleventh lowest in a ranking of 27 wealthy nations.
That Factcheck article wasn't serious journalism from 2008, it was a political hit piece. None of the links worked except this one:
http://www.gao.gov/new.items/d065.pdf
So read it. There is no data in it. It's a report preparation for a debate defining terms. In fact, on page 56, it says:
Data are not available to directly provide information on workers dislocated due to offshoring.
Wouldn't you say that's awfully convenient for a report that's supposed to be about offshoring?
But if you really are interested, read this report on Bush's record on shipping jobs overseas.
http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=1012&context=laborunions
Instead of creating new jobs and championing the interests of America’s workers, the Bush administration has chosen to actively support policies that worsen our massive trade deficit, subject workers to unfair trade practices and reward companies for moving jobs overseas. President Bush stood by as countries violated our rights under international trade rules; he refused to enforce our domestic trade laws; he negotiated new trade deals that threaten to weaken our trade laws and fail to protect workers’ rights; he subsidized job destruction with taxpayer dollars; and he shortchanged displaced workers and workers’ rights overseas. President Bush refuses to reform our trade, tax and investment policies to create good jobs, and he refuses to enforce the trade rules already in place to protect those jobs still at home. The result of these misguided—and fundamentally wrong—policy choices has been the loss of hundreds of thousands of jobs. Every time President Bush has decided to help companies ship jobs overseas, America’s workers and their families have paid the price.
---------
Once a factory, like the over 40,000 that went "away" under Bush, is gone, it's gone. Those jobs don't just start up again. The very factories where those jobs happened are gone. Why don't Republicans understand that? The country didn't just lose jobs under Bush, it also lost the factories.
Oh please, you're challenging FactCheck with something you found on the internet from some University?
Let me explain what average means: If I am paying 10% of my gross in federal taxes, and you are paying 30%, that means the average is 20%. Now if you're a company that is paying that 30% WTF difference does it make what the average is? You're still paying that 30% and furthermore, the average also includes those companies that pay no taxes because of losses and write-offs. So yes, if you are paying 39% in corporate taxes, your corporation is better off getting out of this country.
And as FactCheck clearly points out, tax rates ARE JUST ONE of the many reasons companies go overseas. Education? What have the Republicans been fighting about with these worthless teachers unions? Who has been promoting School Vouchers and home schooling? Better question: WTF have Democrats done in regards to education besides asking for more money which never has done any good in the past?
Bush didn't do anything to move jobs overseas. Presidents don't move jobs--private industry moves jobs.
Cornell is ranked as one of the top universities in the country. That makes it one of the top universities in the world.
You can't even think for yourself. Just because it calls itself Factcheck doesn't mean it God's word.
And you think home schooling is good????
homeschooling leaves children unprepared - Google Search
Why on earth would you think that homeschooling is good? Republicans home school their children to make them slaves.
GOP in Texas wants to ban teaching of critical thinking skills - Google Search
Republicans have convinced themselves that American schools are awful when the rest of the world calls them the best in the world. There are countries that even send there kids here to high school and not just college.
And I don't get the voucher thing. It's just a way to partition schools. Why would you even think your kids would get into a good voucher school? Are they so smart? What if you needed government funding, or as your kind call it, a "freebie"?
Besides:
When Charters Go Union
Yes, it's happening.
And your math is very strange. Average means the result obtained by adding the numbers or quantities in a set and dividing the total by the number of members in the set: the average of 3, 4, and 8 is 5.
average
There are all kinds of ways you could reach 12.6%. For one, everyone pays 12.6% and that would be the average. Half could pay 12.4% and the other half pays 12.8% and the average would be 12.6%.
Since the literal tax rate is 30 to 35%, can you imagine a big corporation with such inept lawyers that some would pay the entire rate? Or 25%? Or 20%? More likely, everyone except a few out-liars pay close to 12.6%. It's not like massive numbers of companies are going out of business and not paying anything at all. Did you really think that through? Perhaps now that I've thrown in a little reason, you might reconsider.
Bush may not have moved jobs, but what did he do to try to prevent it? In fact, did he help companies that wanted to move overseas. Let's see how your, ahem, "research" answers those questions. Unless you don't bother to go look because facts will, quite possibly, shatter your little bubble.
Such as? He's not done any stupid shit like your boys major in...You are functionally clueless.Such as? All those things you mention are one thing, the New BS GOP Party. A disastrous disgrace.That kind of thing happens when the guy was the USA's biggest catastrophe ever duh...and you want to do it again...Had nothing to do with the Bush World Depression lol...or the mindless obstruction of the GOP against solutions...idiot.
No idiot, you socialists and communists have been running back to Bush now for over seven years, and you'll probably run back to him another seven. And if we finally do get a Republican President to straighten out this country, then you'll be giving credit to DumBama for the next seven years.
No, that kind of thing happens when YOU elect an incompetent and need somebody to blame for all of his failures. If it's not Bush, it's the Republican Congress, if it's not the Republican Congress, it's Reagan. If it's not Reagan, it's Nixon.
Just once I would love to see one of you liberals blame DumBama for anything......anything.
Just what I expected from your typical liberal.
The smaller the business, the more they pay. Brilliant. 12.6% is the figure everyone goes by.Some University?????That's one of the worst articles I've seen from "fact check". Let's go over some of the points. Starting with this one:Those happened under the Bush administration. Their real name is "subsidies". It's expensive moving millions of jobs to China and closing down over 40,000 factories. All that has to be paid for. Which is why those companies were subsidized by government under Republicans during the Bush administrations.
Too bad you have no idea what you're talking about. From FactCheck.org:
FULL QUESTION:
When Democratic presidential candidates talk about tax breaks for corporations that ship our jobs overseas and tax breaks and subsidies for oil companies, what are they referring to and are they accurate?
FULL ANSWER:
It’s true that Sens. Hillary Clinton and Barack Obama have associated the transfer of U.S. jobs overseas with tax breaks, or loopholes, for companies that practice off-shoring:
Both candidates are referring to a feature of the U.S. tax code that allows domestic companies to defer taxes on “unrepatriated income.” In other words, revenue that companies earn through their overseas subsidiaries goes untaxed by the IRS as long as it stays off the company’s U.S. books.
But economists, including left-leaning ones, do not agree that eliminating this provision will bring an end to off-shoring. And here’s why: In the U.S., companies are taxed 35 percent on earnings of $10 million to $15 million or on all earnings over $18.3 million. That’s one of the highest corporate tax rates in the world, making an overseas move somewhat attractive to companies that wish to avoid the U.S. tax rate. But that’s not the leading reason companies send jobs overseas. According to a 2005 report by the Government Accountability Office, global technological advancement, increased openness of countries such as China and India, the higher education level of foreign workers in technological fields, and the reduced cost per foreign worker are all contributing factors to off-shoring.
We first addressed this popular theme in 2004, when we reported on a John Kerry campaign ad in which he blamed President George W. Bush for providing tax incentives to companies “outsourcing” jobs overseas. At the time we found that such tax breaks, which do exist, pre-dated the Bush administration and that even Democratic-leaning economists did not support the idea that changing the corporate tax code would end the movement of jobs overseas.
Oil and Gas Company Tax Breaks
According to a 2005 report by the Government Accountability Office, global technological advancement, increased openness of countries such as China and India, the higher education level of foreign workers in technological fields, and the reduced cost per foreign worker are all contributing factors to off-shoring.
A 2005 report???? You mean Republicans knew all the way back in 2005 foreign workers were getting more education than Americans? And what were they doing to correct that?
The GOP's Education Plan Gets an F
GOP cuts education nationwide - Google Search
And your stupid article goes on about a 35% tax when you know that's not the effective tax rate. You fuckers have been told that so many times, why the determined ignorance?
GAO: U.S. corporations pay average effective tax rate of 12.6%
Large, profitable U.S. corporations paid an average effective federal tax rate of 12.6% in 2010, the Government Accountability Office said Monday.
The federal corporate tax rate stands at 35%, and jumps to 39.2% when state rates are taken into account. But thanks to things like tax credits, exemptions and offshore tax havens, the actual tax burden of American companies is much lower.
U.S. corporate tax collection totaled 2.6% of GDP in 2011, according to the Organization for Economic Cooperation and Development. That was the eleventh lowest in a ranking of 27 wealthy nations.
That Factcheck article wasn't serious journalism from 2008, it was a political hit piece. None of the links worked except this one:
http://www.gao.gov/new.items/d065.pdf
So read it. There is no data in it. It's a report preparation for a debate defining terms. In fact, on page 56, it says:
Data are not available to directly provide information on workers dislocated due to offshoring.
Wouldn't you say that's awfully convenient for a report that's supposed to be about offshoring?
But if you really are interested, read this report on Bush's record on shipping jobs overseas.
http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=1012&context=laborunions
Instead of creating new jobs and championing the interests of America’s workers, the Bush administration has chosen to actively support policies that worsen our massive trade deficit, subject workers to unfair trade practices and reward companies for moving jobs overseas. President Bush stood by as countries violated our rights under international trade rules; he refused to enforce our domestic trade laws; he negotiated new trade deals that threaten to weaken our trade laws and fail to protect workers’ rights; he subsidized job destruction with taxpayer dollars; and he shortchanged displaced workers and workers’ rights overseas. President Bush refuses to reform our trade, tax and investment policies to create good jobs, and he refuses to enforce the trade rules already in place to protect those jobs still at home. The result of these misguided—and fundamentally wrong—policy choices has been the loss of hundreds of thousands of jobs. Every time President Bush has decided to help companies ship jobs overseas, America’s workers and their families have paid the price.
---------
Once a factory, like the over 40,000 that went "away" under Bush, is gone, it's gone. Those jobs don't just start up again. The very factories where those jobs happened are gone. Why don't Republicans understand that? The country didn't just lose jobs under Bush, it also lost the factories.
Oh please, you're challenging FactCheck with something you found on the internet from some University?
Let me explain what average means: If I am paying 10% of my gross in federal taxes, and you are paying 30%, that means the average is 20%. Now if you're a company that is paying that 30% WTF difference does it make what the average is? You're still paying that 30% and furthermore, the average also includes those companies that pay no taxes because of losses and write-offs. So yes, if you are paying 39% in corporate taxes, your corporation is better off getting out of this country.
And as FactCheck clearly points out, tax rates ARE JUST ONE of the many reasons companies go overseas. Education? What have the Republicans been fighting about with these worthless teachers unions? Who has been promoting School Vouchers and home schooling? Better question: WTF have Democrats done in regards to education besides asking for more money which never has done any good in the past?
Bush didn't do anything to move jobs overseas. Presidents don't move jobs--private industry moves jobs.
Cornell is ranked as one of the top universities in the country. That makes it one of the top universities in the world.
You can't even think for yourself. Just because it calls itself Factcheck doesn't mean it God's word.
And you think home schooling is good????
homeschooling leaves children unprepared - Google Search
Why on earth would you think that homeschooling is good? Republicans home school their children to make them slaves.
GOP in Texas wants to ban teaching of critical thinking skills - Google Search
Republicans have convinced themselves that American schools are awful when the rest of the world calls them the best in the world. There are countries that even send there kids here to high school and not just college.
And I don't get the voucher thing. It's just a way to partition schools. Why would you even think your kids would get into a good voucher school? Are they so smart? What if you needed government funding, or as your kind call it, a "freebie"?
Besides:
When Charters Go Union
Yes, it's happening.
And your math is very strange. Average means the result obtained by adding the numbers or quantities in a set and dividing the total by the number of members in the set: the average of 3, 4, and 8 is 5.
average
There are all kinds of ways you could reach 12.6%. For one, everyone pays 12.6% and that would be the average. Half could pay 12.4% and the other half pays 12.8% and the average would be 12.6%.
Since the literal tax rate is 30 to 35%, can you imagine a big corporation with such inept lawyers that some would pay the entire rate? Or 25%? Or 20%? More likely, everyone except a few out-liars pay close to 12.6%. It's not like massive numbers of companies are going out of business and not paying anything at all. Did you really think that through? Perhaps now that I've thrown in a little reason, you might reconsider.
Bush may not have moved jobs, but what did he do to try to prevent it? In fact, did he help companies that wanted to move overseas. Let's see how your, ahem, "research" answers those questions. Unless you don't bother to go look because facts will, quite possibly, shatter your little bubble.
What you are confusing are the effective tax rates with the statutory tax rates.
Some companies do pay 39%. Other companies may pay 5% or less. The effective tax rate is meaningless to those that are paying 30% or above.
Every corporation is not the same. Some make huge profits, others make mediocre profits and some make no profits after tax write-offs. The effective tax rate is not what everybody pays, it's what the average of all corporations pay collectively.
Here is just an industry average of what some sectors do pay:
View attachment 57960
Now how many of those do you see that are paying 12.6% or less?
