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Posts Tagged ‘Tax’

TRICKLE DOWN IS BS

In EYEONCITRUS.COM on kp59 at 311408

Ronald Reagan-Address on Federal Tax Reduction Legislation (July 27, 1981)

The most prosperous times America has enjoyed was when the Corporate and marginal Tax Rates were at it’s highest. 
There is absolutely NO data proving low tax rates brings on prosperity. Moreover there is also no data supporting giving the wealthy, (the so called job creators) massive tax cuts that trickles down to the masses and “And rising tides floats all boats”
The opposite is true actually based on DATA and actual results. 
When you have Ben Stein on Fox and Friends of all places state this very truth (then he begs not to be killed for saying it) you know it’s telling……..

http://www.mediaite.com/tv/ben-stein-stuns-fox-friends-all-due-respect-to-fox-but-taxes-are-too-low/

 

Senate GOP blocks bill that would promote less outsourcing

In Senate GOP blocks bill that would promote less outsourcing on kp56 at 301028
Category:Westminster constituencies in the Rep...

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Washington Post Staff Writer
Tuesday, September 28, 2010; 12:34 PM

Senate Republicans on Tuesday blocked a Democratic plan to encourage companies to bring jobs back from overseas, as a united GOP caucus voted against a motion to debate the measure on the Senate floor.

The motion failed 53 to 45.

The legislation would have raised taxes on corporations that shift operations overseas, costing U.S. jobs. It also would have awarded companies that bring jobs back from abroad by offering a two-year hiatus from payroll taxes for those positions.

rest of the story click here

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