In this debate about making sure the U.S. corporations pay their 'fair share,' let's take a look at the current laws and what Obama proposes to change.
This video quickly and concisely breaks everything down in a logical manner. And as anyone who chooses to use their brain can tell you, doubling taxes on U.S. companies abroad is not going to help our recession anymore than increasing taxes on U.S. citizens will.
This tax dodge myth is one Obama is trying to use to his advantage. As the article's author states, "Obama sacrificed substance for grandstanding." Sounds about par for the Obama course.
What is odd about the CNN article, though, is the lack any statement about the stimulus. They deftly turn the article away from why people are really calling (to complain about the stimulus package) to an easy "I don't like law breakers!" collection of comments.
CNN, let me give you a clue. The phone lines are jammed because people are learning more about what's in the BS package and they don't want this BS shoved down their throats.
Recently read an article on Little Green Footballs about Obama promoting the BS Package. The logical fallacies pointed out in the argument are AWESOME! It also points to Obama's speaking style, which is how he managed to get elected. (It certainly wasn't because of his experience.)
So, as we discuss the BS spending package that passed the House and is currently being bandied about in the Senate, you have to wonder. Where does the blame for all of this pork need to be assigned? I mean, the stimulus is so bad, even the Democratically controlled Congressional Budget Office finds fault with it.
One place it does not belong is with the Republican representatives. They voted unanimously against the spending. They felt, rightly so, that the bill included WAY too much government spending spread across too broad a time frame, without any measures to retard the spending if the economy got better. In addition, the measures they supported, measures that have been shown to work in the past, were not included.
That leaves President Obama and the Democratic leadership in the house. The president shares blame for getting the ball rolling. However, I'm not sure this bill is what he had in mind.
As this audio from Congressman Timm Cooper (D - TN) explains, it seems the president is quietly opposing the current package that came out of the House. Even more telling is the Congressman's indictment of the Democratic legislative leadership. This points to a growing shift from unquestioning support to a desire for more open leadership. Listen to the interview.
Well, apparently another Obama nominee has had to withdraw because of tax issues. This is in addition to other tax cheats I've talked about before. Do any of these Democratic leaders even pay taxes anymore? This would explain why they are okay with raising taxes, since they plan to cheat their way out of paying their fair share.
For Heaven's Sake, if you're going to set the rules, you should at least follow them yourselves. Not something the Obamaadministration is known for in it's short time in office, though.
Having one appointee with tax problems can seem like an easy mistake for the new President. Having two nominees who don't pay their taxes, however, sounds like more than that. The second nominee to run into problems, Daschle as Secretary of Health and Human Services, makes me pause and look a little more closely at Obama's administration.
I mean, here is a man who forgot to report more than $80,000 in income. Doesn't this disqualify him from office? I think so.
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