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5 Bumps

Would this be just another Obama failure?

Forget the middle class, lets help out businesses with tax reform
Problem is.......

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itsmesteph11

Asked by itsmesteph11 at 10:10 PM on Mar. 7, 2011 in Politics & Current Events

Level 39 (113,405 Credits)
Answers (20)
  • But there is a problem with this scheme: It appears that while all businesses would lose some tax preferences, the rate cuts would apply only to corporations. Thus, non-corporate businesses would end up paying higher taxes. In effect, firms such as partnerships, sole proprietorships, and LLCs—about 90 percent of U.S. businesses—would subsidize the rate cuts for a handful of corporations.


    Hmmm, I seem to recall some of his supporters being against corporate welfare.  I guess it's okay as long as it's all on the backs of those greedy small business sole proprietors.  Uh, yeah, I think we can chalk yet another thing up in the failure column. 

    QuinnMae

    Answer by QuinnMae at 10:17 PM on Mar. 7, 2011

  • Well, if Barry is involved in it,then yeah, it's a failure,and you can count on that.
    cbk_mom3

    Answer by cbk_mom3 at 10:20 PM on Mar. 7, 2011

  • He just is hell bent on killing the economy. That is not failure in the eyes of progressives.
    Carpy

    Answer by Carpy at 10:26 PM on Mar. 7, 2011

  • They want to do to this Country just what Regan did to the USSR, and it is working. We will soon collapse!
    goodwitch399

    Answer by goodwitch399 at 12:07 AM on Mar. 8, 2011

  • He does seem to make businesses more important than the people in this country. The people on Social Security haven't got a cost of living increase in two years yet the prices are going higher and higher. The businesses get bail outs and other tax cuts that we, the people don't seem to matter. I hope it fails, it time for middle class to get some advantages.
    amessageofhope

    Answer by amessageofhope at 12:50 AM on Mar. 8, 2011

  • If something like this manages to wiggle through, it wouldn't be an Obama failure; it would be a national catastrophe.
    May-20

    Answer by May-20 at 7:33 AM on Mar. 8, 2011

  • Ever notice how these kinds of threads remain eerily quiet?! LOL :o)
    LoriKeet

    Answer by LoriKeet at 7:39 AM on Mar. 8, 2011

  • everything obama does is failure
    jodi205

    Answer by jodi205 at 7:40 AM on Mar. 8, 2011

  • Either this man owns a magical 'failure' wand, or he knows less about business, management, and basic math than my chickens.

    Farmlady09

    Answer by Farmlady09 at 8:10 AM on Mar. 8, 2011

  • Ever notice how these kinds of threads remain eerily quiet?! LOL :o)

    LOL! Just what I was thinking.. You think they all just went to bed?
    itsmesteph11

    Comment by itsmesteph11 (original poster) at 8:25 AM on Mar. 8, 2011

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