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Re: Most GOP Presidential Candidates Would Increase the Deficit 

By: scubavol in POPE | Recommend this post (1)
Sun, 26 Feb 12 8:08 PM | 61 view(s)
Boardmark this board | (The) Pope's for real stock market report 		Msg. 52075 of 65535
(This msg. is a reply to 52061 by clo)
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He doesn't want to reduce taxes. The very article you post makes this clear. His proposed minimum tax on foreign earnings is unheard of in developed countries. Maybe a few banana republics. But keep bowing to your kommander, you dimwitted serf.

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Re: Most GOP Presidential Candidates Would Increase the Deficit
By: clo in POPE
Sun, 26 Feb 12 7:34 PM 		Msg. 52061 of 65535

DG,

Maybe you missed it, Obama wants to lower corporate taxes. The republicans are expected, (as usual) to oppose this...

The Obama administration will propose today reducing the U.S. corporate tax rate to 28 percent from 35 percent along with removing tax breaks for companies to help offset lost revenue, an administration official said.

The plan would eliminate dozens of tax breaks and reshape the current manufacturing deduction to reduce the tax rate on manufacturing to 25 percent, according to the official, who outlined the proposal on condition of anonymity because it hadn’t been released. The restructured tax code would still include incentives for research and development and renewable energy.

more:
http://www.bloomberg.com/news/2012-02-22/obama-to-ask-congress-to-lower-corporate-tax-rate-to-28-remove-loopholes.html

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