He proposes lowering overall rates by cutting corporate welfare to favored industries - keeping the tax collected roughly the same. The reason he doesn't simply remove the loopholes is that he would like to see the recession recede and more people hired.
No! You mean firing government workers increases unemployment? Whoda thunk it?
And not borrowing and spending a trillion dollars lowers the GDP in a 14 trillion economy? How amazing that no one ever thought of this before. Well spotted, Mitt!
Pretty hard for outsiders to save a country from itself. If they could, the only reason to start with Somalia (as opposed, say, to Zimbabwe or North Korea) is that the Somalis might be almost too weak to mount an effective resistance.
The dumbocrat president has proposed a massive lowering of corporate tax rates, paid for by removing corporate welfare. Watch the retroblicans squirm to oppose reducing corporate tax because they dd not propose it, especially those in the pockets of those industries that will lose their corporate welfare.
Though sections have been redacted and more than two dozen interviews are narrated in dry officialese, the Federal Bureau of Investigation's 191-page file on Steve Jobs, released Thursday, reveals num... langejCommented11 hours ago in Technology
“Publishing this seems a direct violation of data protection laws. You who favor the publication of this kind of information can have NO objection to any media outlet publishing anything it wishes about your private life.”
WASHINGTON -- At a private three-day retreat in California last weekend, conservative billionaires Charles and David Koch and about 250 to 300 other individuals pledged approximately $100 million to d...
langejCommented6 days ago in Politics Nice to know the aristocracy feels threatened. Not much anyone can do about it, if they don't have 100 million to throw about, but it is still nice to know.
Three big banks were hit on Friday with yet another lawsuit related to wrongful foreclosures. Democratic New York Attorney General Eric Schneiderman filed suit against Bank of America, JP Morgan Chase...
langejCommented1 week ago in World "Of course, the suspected Iranian operation might have been the public face of an Israeli operation." Yes, as might 9/11, the Kennedy assassination and the death of Diana. They were not, but they COULD have been, right?
You've heard of "Disgusted, Tunbridge Wells"? Well, I live in Holland Park and I've Had It. Up to here! An old curmudgeon, I rant and rave about things I read, see or hear in the News. Frequently sarcastic, irreverent and libertarian; often wrong - but never uncertain.