The ONLY 3 Reasons Mitt would Withhold Tax Plan
Let’s be honest. There are only three possible reasons Mitt Romney refuses to clearly explain his views on health insurance, Medicare, and Social Security, or specify how he would close tax loopholes to fund his mega tax cut for millionaires and billionaires:
- He has no idea how he would do it;
- he is leaving room for future etch-a-sketch moments;
- he knows most people would be outraged by his plans (perhaps because they will make him look like he is looting the pockets of ordinary families for his own gain)…
It has to be one of the three. Which one is acceptable to you?
Top US Firms want Tax Holiday, won't Reveal US vs. Foreign Job-creation Figures
Some of the country’s best-known multinational corporations closely guard a number they don’t want anyone to know: the breakdown between their jobs here and abroad.
So secretive are these companies that they hand the figure over to government statisticians on the condition that officials will release only an aggregate number. The latest data show that multinationals cut 2.9 million jobs in the United States and added 2.4 million overseas between 2000 and 2009.
Some of the same companies that do not report their jobs breakdown, including Apple and Pfizer, are pushing lawmakers to cut their tax bills in the name of job creation in the United States.
But experts say that without details on which companies are contributing to job growth and which are not, policymakers risk flying blind as they try to jump-start the hiring of American workers.
Further down the page:
The head of Obama’s jobs council, General Electric chief executive Jeff Immelt, said during a tour of a company plant in Greensboro, S.C., that firms should be ready to answer questions from the public.
(Source: washingtopost.com)
80% of Americans Want Tax Increases as part of Comprehensive Debt Deal
80% of Americans want tax increases to form part of a responsible, viable, comprehensive debt and deficit-reduction plan. Only 20% of Americans agree with the radical Tea Party position that there should be zero new revenues to help fund a comprehensive plan for debt and deficit-reduction. Even among Republicans, only 26% believe a serious debt and deficit-reduction plan should be done entirely with spending cuts.
The news has anti-tax ideologues rapt with dismay and outrage, because they cannot believe 80% of people would want to see their own tax burden increased, especially during a slow economic recovery, but the figures are not Obama’s; they come from Gallup. The Gallup poll does not indicate that 80% of people want their own taxes increased, only that they want tax increases of some kind to be part of the overall deal. And there is good reason for this.
