Avorysuds
Gold Member
I guess Id really need to know what these tax breaks are. Obama has claimed tax credits are tax breaks despite the fact they are a polar opposite.
You need a good solid tax cut to *help* in this situation. No games, no tricks, no tax credit today and gone tomorrow BS like Obama did last time around.
Really we need to just cut spending and repeal Obamacare. We need out of the wars and not have Obama talk about starting a third war. We need some kind of clear future so people know or can at least feel confident in investing again.
Someone else mentioned this, but why every time Obama does these fake tax cuts do liberals lose their Fing mind while foaming at the mouth with support? Most of you democrats here HATE the idea of tax cuts but then all of a sudden its like some new novel idea that you can use to kick some republicans in the face with, despite the fact that in the end, they are tax credits not tax cuts. Making you all look even dumber than before when you were jumping up and down about tax cuts being horrible.
Like I said, Id like some clear information as to what Obama means about tax help. Also realize that even cutting taxes means very little when Government keeps pushing the many programs that cause uncertainty and or just outright just kill business.
These would be direct Tax Credits. You invest a Billion and they let you right it all off on that years taxes. Will be a very effective form of Direct Stimulus. Almost shocking this idea is coming from such a far left president. This is classic supply side economics.
This is a much better plan than the current deal that allows them to right of interest on loans. That way encourages Debt, while this new idea will encourage investment from Existing capital and not just loans.
As I said before and in another thread on this subject. I must give Obama Credit for this one. Very good idea.
Well then that is very interesting to hear. I do wonder if it does pass what it will pass with and if it will be as good as you say (not tricky and full of games.)
But until it happens it's all talk, so we'll see.