blueridge71
Outlasted two companies
- Joined
- Nov 30, 2003
- Posts
- 2,261
Obama will be bad for the fractionals and all of the country! He is going to have the federal government fix all the problems with tax money from the rich, ya-right. They can afford the high price accountants and find a way not to pay, then he will have to get it from us. Some how, we will end up footing the bill. The lead Democrats in Washington are complete Idiots.
You are right. Obama says that he will keep companies in the US by punishing those that export jobs. But right now, they are being punshed if they stay. The US already has one of the highest corporate tax rates in the world. On top of that, we have unfriendly tort laws and stifling bureaucracy. It would be difficult to imagine how they can be punished more than they are now, although I'm sure he has a plan.
The interesting thing is that, even with everything stacked against them, the economy is still growing and creating jobs (at least up until last week). That just goes to show the strength of American business. Imagine what they could do with a friendly tax climate as under the Fair Tax.