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08-28-2008, 12:31 PM | #1 |
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Need confirmation of Biden's claim
Joe Biden said something last night that I am having trouble with and would appreciate some help.
He said something to the effect that the Bush administration has given tax breaks to companies who off-shore their operations to other countries. He seemed to say it with the implication that the tax breaks were given to incentivize companies to move off shore. Or are these tax breaks coincidental with the off-shore movements and related to other facets of company operation? Help me out with this one because I am finding it hard to believe that ANY administration would want to incentivize companies to move their operations off shore. We want jobs for people here in America, but we have to provide environments in which corporations can flourish, make money, and be competitive. |
08-28-2008, 02:07 PM | #2 | |
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Some things we just need to accept on blind faith.
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08-28-2008, 02:10 PM | #3 | |
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Let's see.........the US corporate tax rate is 35%
Quote:
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08-28-2008, 02:13 PM | #4 | |
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Quote:
http://abcnews.go.com/Business/wireStory?id=5561455 |
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08-28-2008, 02:17 PM | #5 | |
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The corporate tax rate is NOT 35%?
Quote:
"McCain does call for a reduction in corporate taxes, from 35 percent now to 25 percent after 2014. But at least one Obama economic adviser has indicated that Obama himself might be open to a lower corporate tax rate — though not as low as McCain has recommended." http://abcnews.go.com/Politics/wireStory?id=5618988
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Ohbama - The Original Bridge to Nowhere Last edited by exUte; 08-28-2008 at 02:21 PM. |
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08-28-2008, 02:21 PM | #6 |
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08-28-2008, 02:32 PM | #7 | |
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I'm not complaining. I explaining WHY
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Question, do you buy stuff off the internet to avoid paying sales tax?
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08-28-2008, 02:33 PM | #8 |
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08-28-2008, 02:41 PM | #9 |
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Simple point.........
that's WHY they go offshore. It's OUR tax policies. Want to keep businesses here, reduce the taxes!
How guys like you think that the way to stimulate the economy and create jobs is to tax companies and citizens more, is beyond my comprehension.
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08-28-2008, 02:42 PM | #10 | |
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