Comments on: WSJ: Business tax on foreign earnings shelved

By: Cheap valtrax.

Cheap valtrax. — Thu, 06 May 2010 14:34:02 +0000

Cheap valtrax….

Cheap valtrax….

By: Hot Air » Blog Archive » House ObamaCare bill: Here comes the taxes!

Hot Air » Blog Archive » House ObamaCare bill: Here comes the taxes! — Fri, 30 Oct 2009 16:16:04 +0000

[...] corporations, finally convinced that it would make US companies less competitive overseas (see here for explanation). This codicil doesn’t quite restore the Obama plan, but it places a [...]

By: Oleta

Oleta — Tue, 13 Oct 2009 19:17:44 +0000

Just another example of 0′s lack of knowledge. With his spur of the moment decisions on what should be done to businesses, no one is going to make plans for basing their future business arrangements on what he says today. There is always doubt about what he will decide tomorrow.

By: right2bright

right2bright — Tue, 13 Oct 2009 17:14:50 +0000

Soros said no, so Obama says no…and the problem is???

By: MarkTheGreat

MarkTheGreat — Tue, 13 Oct 2009 16:57:38 +0000

How is the status quo justifiable?

AJB on October 13, 2009 at 11:46 AM

1) The money was never brought into the US.
2) Income taxes were already paid on that money in the country in which it was earned.

Nothing unacceptable about it.

By: MarkTheGreat

MarkTheGreat — Tue, 13 Oct 2009 16:54:00 +0000

Of course if any businesses move out of the country because of these taxes, Dark-Star and others will declare that the companies are traitors for stealing jobs from US workers.

By: BuckeyeSam

BuckeyeSam — Tue, 13 Oct 2009 16:44:57 +0000

Speaking of tax matters, two questions.

First, what’s Obama doing about the expiring Bush income tax cuts? Don’t the expire at the end of 2009? As I recall, those don’t affect only top income earners. I think rates were lowered for the middle class tax brackets too.

Second, what’s Obama doing about the federal estate tax? Under the revisions from about a decade or so ago, the estate tax (not the gift tax) expires in 2010–for one year. Then, in 2011, the federal estate tax returns under the law that existed at the date of enactment. In other words, as I recall, an exemption of $1 million (currently, $3.5 million) and highest rate of 55% (currently, 45%).

I’m convinced that his tax policy team, such as it is, is asleep at the switch–unless there are a big group of liberal donors who have elderly parents they’d like to pull the plug on in 2010.

By: moonsbreath

moonsbreath — Tue, 13 Oct 2009 16:33:36 +0000

“You can’t love jobs and hate those who create them.”

Er, Dear Leader hearts government jobs.

By: max1

max1 — Tue, 13 Oct 2009 16:31:47 +0000

Elmer Hussein Gantry

By: alflauren

alflauren — Tue, 13 Oct 2009 16:26:23 +0000

You want a real jobs creation program? End corporate income tax. Watch foreign companies invest here for tax-free skilled labor. Customers pay the tax anyhow, so let’s relieve ourselves of the awful burden of tax code compliance. Most other countries are already headed in this direction. Why can’t we beat them to it?

By: karl9000

karl9000 — Tue, 13 Oct 2009 16:26:19 +0000

I had to deal with Cote-isms while I worked for TRW. It wasn’t pretty.

I can understand why he was so taken by Obama. Cote’s view on reality was always a bit…skewed.

By: Chaz706

Chaz706 — Tue, 13 Oct 2009 16:13:17 +0000

They’re not in a revenue jam now??? artist on October 13, 2009 at 11:44 AM

You think this would've tipped them off on that coming catastrophe eh?

By: Chaz706

Chaz706 — Tue, 13 Oct 2009 16:11:41 +0000

Hey Mr. Cote…

…you f***ed up… you trusted them.

By: Ghoul aid

Ghoul aid — Tue, 13 Oct 2009 16:07:37 +0000

obama spoke. obama lied. same $#@%, diferent day!

By: Caper29

Caper29 — Tue, 13 Oct 2009 16:06:28 +0000

For now, the double-taxation plan has been mothballed, but don’t be surprised if it comes up again in the future

What did these business “Titans” agree to give into? Cap and Tax? Health Care? Card Check? What???

By: karenhasfreedom

karenhasfreedom — Tue, 13 Oct 2009 16:06:05 +0000

Hey Ed, I used to work for Honeywell back in my corporate life 20 years ago. My boss and director in the Phoenix location were also idiots. I dunno if they voted for Obama since I never maintained contact there after I fired them and bailed out of corporate america for 15 years, 15 terrific years. I never expected to be back in corporate america captaining a start up company. Who knew!!

Why would the Honeywell CEO support Obama, an appeasing pansy, when Honeywell is a defense contractor? IDIOT!!!!

By: BobMbx

BobMbx — Tue, 13 Oct 2009 16:02:59 +0000

Liberal Lexicon:

Profit = Stealing from Democratic Party base constituents

By: Rebar

Rebar — Tue, 13 Oct 2009 16:02:18 +0000

If the White House gets in a revenue jam…

IF??? Are you f’in kidding me?

0bama has bankrupted America, there is no “if” involved.

By: The Calibur

The Calibur — Tue, 13 Oct 2009 16:00:36 +0000

How many new taxes has Obama raised? How many new regulations has he put in place?

Alternatively, how much of our tax dollars has he given away to the rich? With that kind of track record, I wouldn’t count on the rich getting hosed. Actions speak louder than words.

By: Akzed

Akzed — Tue, 13 Oct 2009 15:58:55 +0000

O how it must pain Chief Mbama not to tax us!

By: lorien1973

lorien1973 — Tue, 13 Oct 2009 15:53:44 +0000

How is the status quo justifiable?

AJB on October 13, 2009 at 11:46 AM

Lower the corporate tax rate and you’ll see more tax income.

By: Fishoutofwater

Fishoutofwater — Tue, 13 Oct 2009 15:53:28 +0000

Thanks to the raging debate on health care, this has not received much public attention,

I shudder to think WHAT ELSE is being implemented under the radar, obscured by the raging debates, I.E. Obamacare, racism, etc. being fomented by our liberal fascist overlords.

By: Jed_Eckert

Jed_Eckert — Tue, 13 Oct 2009 15:53:25 +0000

if this idiot just did a George Costanza (i.e. “just do the opposite”) we would all be better off and he would actually stand a chance to win something based on merit.

By: artist

artist — Tue, 13 Oct 2009 15:51:58 +0000

There will be so much to fix in 2013.

faraway on October 13, 2009 at 11:45 AM

Yet, no one to fix it.

By: faraway

faraway — Tue, 13 Oct 2009 15:49:30 +0000

How is the status quo justifiable?

AJB on October 13, 2009 at 11:46 AM

You know they pay tax in the country where the earnings occur, right?