olgoi khorkhoi Bucknell Fan priapism survivor Member since May 2011 1917 posts
re: obama proposing 1.6T in new revenue (Posted on 11/16/12 at 1:13 am to mtntiger)
So the country with the world's highest corporate tax rate is raising taxes on corporations?
Of course Obama realizes that corporations don't have to operate in America and pay that tax rate. He's already said, "taxes are not about revenue, it's about fairness." (slight paraphrase)
So more corporations head for greener pastures, and the higher revenues lead to lower revenues.
And Obama's redistribution effort takes another big step "forward".
It was never about redistributing wealth inside our borders.