Now that Obama wants to lower the corporate tax *rate* why has the Right changed the subject?

Earlier the argument was "the US has a top corporate Income Tax bracket of 35%, the highest in the world."
Now that Obama has declared a plan to lower them, the complaint shifted from the marginal rate(it was ALWAYS about the marginal rates before) to the effective rate. Which is 22% on average, the lowest in the world.
Would someone please help me to understand?

What makes me curious is why all the liberals are lining up behind this? Wasn’t it the evil corporations who aren’t paying their fair share of taxes now you applaud the tax cut? Hilarious. Hypocrisy is thy name.

15 thoughts on “Now that Obama wants to lower the corporate tax *rate* why has the Right changed the subject?

  1. Transvaginal probes of women are more important today in America.
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  2. No, I applaud it. I’m a Conservative.

    Question is, why have all the Democrats and Liberals supported it?
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  3. Oh don’t worry, you’ll see plenty of wild flailing from the right at Obama’s plan. How do I know? It’s Obama’s plan.

    Republicans have been saying they want to close loopholes and raise revenue for a long time. Duh they pay more, that’s the point. Lower the rate, close loopholes, raise revenue. That was the plan all along and it’s a surprise now?
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  4. I’m sorry, but I can’t make you understand willful stupidity on the part of Republicans.

    It’s a mental condition you must be born with.
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  5. That was just reported today. Do you think they might want to look into it before they start blathering about it or should they just take a sound bite and pretend that is the whole story like the left?
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  6. Obama wants to trick stupid people like you into believing he’s lowering taxes, when he’s not. It will effectively be a tax *increase* once you account for the removal of exemptions, which will only push us further into decline.
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  7. If he were re elected he will change it back and of course change the Bush tax breaks, dummies hes running for re election.
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  8. Of course the loony left only prints half of the story. Obama would also raise the dividend rate from 15 to 41 percent. HMMM HMMM HMMM
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  9. They haven’t. They are concerned about the minimum tax on multinational corporations’ foreign earnings, which runs directly counter to Obama’s own Jobs Council and Debt Commission:

    "While most other developed nations have adopted territorial systems that exempt most or all foreign income from taxes when they are repatriated, the U.S. subjects all worldwide earnings to the corporate income tax when they are brought home to the U.S. This approach actually encourages U.S. companies to keep their earnings abroad rather than investing them here at home. Adopting a territorial tax system would bring us in line with our trading partners and would eliminate the so-called “lock-out” effect in the current worldwide system of taxation that discourages repatriation and investment of the foreign earnings of American companies in the U.S."
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    http://www.fiscalcommission.gov/sites/fiscalcommission.gov/files/documents/TheMomentofTruth12_1_2010.pdf

  10. Because both sides are eating off of the same table and Obama decided to take the last piece of turkey.

    Notice that "buy American" is not on the lips of either side in any significant measure.

    If you want American jobs back, stop buying sh*t made in China, India, Sri Lanka, Indonesia, and other places where they work for pennies on the dollar.

    I would rather pay more for consumer products and have low unemployment than I would continue on as we are.
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  11. What makes me curious is why all the liberals are lining up behind this? Wasn’t it the evil corporations who aren’t paying their fair share of taxes now you applaud the tax cut? Hilarious. Hypocrisy is thy name.
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    Texas!

  12. They are going to complain as long as there is a two-party system. What the right wants now is complete power, a two-class and one party system and "Mein Kampf" as the new high school history book.
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  13. Because while he is lowering the corporate tax rate to 28% ( a good move) he is raising the dividen rate from 15% to 44% costing corporation a estimated 2.5 Billion more in taxes . so he is putting money in one pocket and taking out of the other also 22% is NOT the lowest in the world Germany for example has a corporate rate of 17% Denmark is at 19 and china is now at 19 also . maybe you should learn your facts
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