Insight: In "fiscal cliff" bill, White House was key to corporate tax breaks

Comments (12)
Ray2000 wrote:

We could agree that the tax system is a good way to keep our culture and democracy, in accordance with the balancing of our wide varying beliefs and interests, ALLOWED by the Constitution of the United States.
In fact it may be the only way to motivate or lock up those who have difficulty doing the right thing. Spike Lee may have covered some part of this topic. It crosses all lines, financial, education, faith, even prejudice will often succumb to the tax system.
The nonsense that stands in for debate is wasting our time.
This article should have been no more than a paragraph to advise us that tax relief for some corporate business was added or continued, and that they will come up again in a year for discussion. Who did what to whom is really of no interest, as the soap opera is only interesting if you watch every day.

Jan 07, 2013 10:06pm EST  --  Report as abuse
Ray2000 wrote:

We could agree that the tax system is a good way to keep our culture and democracy, in accordance with the balancing of our wide varying beliefs and interests, ALLOWED by the Constitution of the United States.
In fact it may be the only way to motivate or lock up those who have difficulty doing the right thing. Spike Lee may have covered some part of this topic. It crosses all lines, financial, education, faith, even prejudice will often succumb to the tax system.
The nonsense that stands in for debate is wasting our time.
This article should have been no more than a paragraph to advise us that tax relief for some corporate business was added or continued, and that they will come up again in a year for discussion. Who did what to whom is really of no interest, as the soap opera is only interesting if you watch every day.

Jan 07, 2013 10:06pm EST  --  Report as abuse
Ray2000 wrote:

We could agree that the tax system is a good way to keep our culture and democracy, in accordance with the balancing of our wide varying beliefs and interests, ALLOWED by the Constitution of the United States.
In fact it may be the only way to motivate or lock up those who have difficulty doing the right thing. Spike Lee may have covered some part of this topic. It crosses all lines, financial, education, faith, even prejudice will often succumb to the tax system.
The nonsense that stands in for debate is wasting our time.
This article should have been no more than a paragraph to advise us that tax relief for some corporate business was added or continued, and that they will come up again in a year for discussion. Who did what to whom is really of no interest, as the soap opera is only interesting if you watch every day.

Jan 07, 2013 10:06pm EST  --  Report as abuse
Ray2000 wrote:

We could agree that the tax system is a good way to keep our culture and democracy, in accordance with the balancing of our wide varying beliefs and interests, ALLOWED by the Constitution of the United States.
In fact it may be the only way to motivate or lock up those who have difficulty doing the right thing. Spike Lee may have covered some part of this topic. It crosses all lines, financial, education, faith, even prejudice will often succumb to the tax system.
The nonsense that stands in for debate is wasting our time.
This article should have been no more than a paragraph to advise us that tax relief for some corporate business was added or continued, and that they will come up again in a year for discussion. Who did what to whom is really of no interest, as the soap opera is only interesting if you watch every day.

Jan 07, 2013 10:06pm EST  --  Report as abuse
SanPa wrote:

Suey. Suey. Suey. Here, pig, pig !!!

Jan 07, 2013 10:37pm EST  --  Report as abuse
pavoter1946 wrote:

The increase in taxes on the very wealthy is balanced by the corporate welfare doled out to the connected, so that the increased revenue isn’t going to do anything to reduce the deficit.

But the wealthy got massive tax breaks enshrined into law on dividends and estate taxes. So guess who won, as usual?

Jan 07, 2013 11:24pm EST  --  Report as abuse
tmc wrote:

Disgusting!

Jan 08, 2013 6:05am EST  --  Report as abuse
joe10082 wrote:

Big Business has had it their way entirely to long. If anything they all should be taxed billions more for outsourcing millions of American middle class jobs over the course of the last decade. They certainly do not merit any tax break considerations. Like a vacuum cleaner they are sucking the very life and standard of living out of the life of the middle class and they don’t really care at all. The big guys at the top however do expect their big salaries to continue unabated.

Jan 08, 2013 6:15am EST  --  Report as abuse
BillDexter wrote:

Tax breaks are needed and roundly justified for whatever tax bracket you are in at the moment but tax breaks for the next bracket up are a disgusting glut of greed and corruption.

I would remind the younger people that tax breaks for the rich, whatever that really is, is not by itself responsible for the death of the middle class in America. Outsourcing jobs began in the 1970ies as imports first began putting pressure on the market price of domestically manufactured goods. The government was stepping in with environmental regulations, making new manufacturing facilities impractical in the US and pushing older factories to their death. At the same time, we changed our immigration policy from a work based, limited system to a free-for-all.

The American middle class came into existence thru private manufacturing and innovation when workers were very much needed and employers competed with each other for help. Even if employment were to pick up sharply, it will only draw more foreign nationals into the labor market, keeping the value of any one individual at zero. The government printing money and flinging it around will never even be able to sustain itself, let alone a middle class lifestyle for the citizens.

Jan 08, 2013 7:56am EST  --  Report as abuse
Amathonn wrote:

Tea party time!

Jan 08, 2013 2:26pm EST  --  Report as abuse
venturen wrote:

nice to see liberal worship at the lobbyist table….what say you liberals?

Jan 08, 2013 9:39pm EST  --  Report as abuse
Justafarmer wrote:

Obama is the most prolific practitioner of crony capitalism since FDR, believe it or not! He is a master of hiding his actual actions with rhetoric and enjoys the great benefit of the media ignoring the reality of his actions. Quite a blessing, that!

Jan 08, 2013 11:26pm EST  --  Report as abuse
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