Kudlow calls Obama's "corporate tax attack" part of his "war against capital"

I just love selective indignation. Corporations are openly exploiting loopholes and not paying their fair amount of taxes.

So now we have the big biz advocacy channel, CNBC, shilling for them.

Gotta love cable "news".

Yes it's a war against stolen capital here and a war against losing capital since President Obama was elected trying to return to the path of prosperity for everyone.


For all the talk about following the law and the constitution for other topics such as Illegal Immigration, they sure don't want to enforce the law when it comes to torture(and other war crimes),illegal wiretapping, paying taxes, and imprisoning innocent people without trial. We can't pull the trigger there but we have to investigate when a president gets a BJ and a president who is doing nothing but trying to fix the mess his predecessor left.


You know if they actually pay taxes we wouldn't have to raise them on everybody else to make up for capital.(little secret)

Also how long are we going to let corporate America hold the people hostage. First energy and automobiles for a while.... now jobs so they don't have to pay taxes and can pollute the earth. This is ridiculous and I wish cnbc and fox would get off their soapboxes for their thieving friends.

The tax code is a joke, and a sick one at that. I would venture to guess that much of the tax code was initiated by lobbyists looking to create exceptions or "loopholes" to lower or eliminate taxes for their business interests only. The net result is higher taxes on other segments of the economy. These other loopholes and tax incentives (subsidies) to businesses need to stop; they are counterproductive to a real free-market economy.

Corporations don't pay taxes in that they pass that cost on to consumers in the form of higher prices and to employees in the form of lower wages. If this country would eliminate corporate taxes altogether there would be no need for tax havens and money could be brought back for investment and the creation of more jobs. I realize that liberals and Democrats do not agree with that reasoning yet look at all the money U.S. corporations keep offshore to avoid paying taxes. If the President insists on having corporations pay these taxes then they might move their headquarters and operations overseas - then what will the President and the Democrats in Congress do?

A possible alternative may be H.R. 25, commonly known as the Fair Tax. The benefits of this bill would be the elimination of all individual income and payroll taxes in addition to corporate taxes. With zero taxes businesses would have no reason to keep their money in offshore accounts. In addition many other foreign companies would open shop here because their profits would not be taxed here. That would mean more investment and more jobs. Isn't creating more jobs part of the President's plan?

Expoiting loopholes? How about using them legally? And while I'm at it, how about the BO admin explaining how they are going to pay off the 3.7t they've spent. MMFA has a financial section? Trying to defend the left on spending should be fun to watch.

why do certain people in the media feel the need to yell. Ya'll are miced for a reason. As for the rest...I want the corporations to pay more taxes than I do. I literally pay more taxes a year than some of these billion dollar corps.