Tax cuts to the wealthy, Tax cuts to corporations (who already know how to game the system) are the R’s ideas as to how to stimulate the economy… And they get these passed, and the jobs still are not there….and somehow it is Obama’s fault?
Then, the R’s want to cut spending on Education? I suppose that is helpful to them since they are dumbing down America and raising future voters.
^GE had favored tax status well before Obama - or even Bush - got into office. Why don’t you try being honest?
I concede that Obama is a disappointment, and that he should have fought harder to overturn Bush tax cuts. However, he did NOT have two houses with which he could get much done. Why? Because with filibuster rules so lax, GOP filibustered more than ever in history, meaning that a simple majority was never enough - it had to be a supermajority every time. And the GOP, if nothing else, is highly disciplined in sticking together to defeat anything that a Democrat tries to achieve.
The Big Money got what they wanted and then - well, there just wasn’t time and energy for anything else. (Yeah - a health care bill to boost business for big insurance co’s.) The little people fought hard for Obama, and he should have fought hard for them.
“Really? GE getting favored tax status by Obama is the republicans fault? Be honest with yourself.”
No, it’s not the Republicans’ fault. Saying “we have the highest corporate tax rate in the world” [fact] without saying that effectively NO ONE PAYS it [fact] is, however, their fault. It’s the same with the tax cuts to the top 2%. They don’t pay up to their tax rate as it is [fact], in fact they pay less, percentage-of-their-income wise, than the middle class [fact]. Rallying behind this spin is indeed their fault. But no, there’s plenty of blame for actual actions to go around.
“If GE has paid no taxes under Bush, you know your media never would have let us forget”
The media did such a good job with that whole Iraq war legitimacy thing, didn’t it. *
Avoiding taxes is nothing new for General Electric. In 2008 its effective tax rate was 5.3%; in 2007 it was 15%. The marginal U.S. corporate rate is 35%.
http://www.forbes.com/2010/04/01/ge-exxon-walmart-business-washington-corporate-taxes.html
For reference: Obama’s presidency began in 2009. So no, General Electric’s tax acrobatics are nothing new.
I like the cartoon. When are the D’s gonna stop blaming Bush for everything? I admit he was a spend and (un)tax Prez, not really conservative but gee whiz….. What responsibility does Barry have in this mess?
^^ Well, bob, seeing as Obama campaigned that he was going to end the wars in Iraq and Afghanistan (and he is now actively expanding our miitary actions), you certainly can’t call him a hero, can you? You can, very easily, call him a pathetic liar.
I think “conservatives” are somewhat in favor of ending the campaigns in the Middle East…and liberals were apparently always against them….yet they go on. This strip nails it. Obama is demonstrably worse than Bush.
I think the criticism of the Bush 1 is mostly unfounded, he said no new taxes but raised them when it was needed. Also remember he was smart enough to do just enough to get Saddam out of Kuwait and not waste the blood and money that would have resulted if we had gone on to Baghdad.
ahab, it wasn’t that bad of a war in Iraq, Democrats voted for it OVERWHELMINGLY. It’s just gone on too long and has lost its focus. It is unsustainable now, but the action, for its time, wasn’t entirely reprehensible. Obama could have easily ended, seeing as he promised he would. He hasn’t. And, Obama is not trying to “fix” the economy….no one believes Obamacare is going to “fix” the economy.
kreole about 13 years ago
Sooner or later the Captain takes the helm……………
egreshko about 13 years ago
Tax cuts to the wealthy, Tax cuts to corporations (who already know how to game the system) are the R’s ideas as to how to stimulate the economy… And they get these passed, and the jobs still are not there….and somehow it is Obama’s fault?
Then, the R’s want to cut spending on Education? I suppose that is helpful to them since they are dumbing down America and raising future voters.
grapfhics about 13 years ago
By definition, a government has no conscience. Sometimes it has a policy, but nothing more. Albert Camus
wolfhoundblues1 about 13 years ago
Really? GE getting favored tax status by Obama is the republicans fault? Be honest with yourself.
I will conceed that W was horrible for allowing the spending to go from 4 Trillion to 6.8 Trillion in debt under his watch.
Please conceed that Obama is at least as bad as W for allowing the debt to go from 6.8 Trillion to over 14 Trillion.
He had both houses and the executive branch under his control for the first two years.
cdward about 13 years ago
I would also suggest that GOP “solutions” will only concentrate wealth and privilege further in the hands of a very few.
If the GOP had someone who could make the government work for the people, I’d consider him or her.
cdward about 13 years ago
^GE had favored tax status well before Obama - or even Bush - got into office. Why don’t you try being honest?
I concede that Obama is a disappointment, and that he should have fought harder to overturn Bush tax cuts. However, he did NOT have two houses with which he could get much done. Why? Because with filibuster rules so lax, GOP filibustered more than ever in history, meaning that a simple majority was never enough - it had to be a supermajority every time. And the GOP, if nothing else, is highly disciplined in sticking together to defeat anything that a Democrat tries to achieve.
RunninOnEmpty about 13 years ago
The Big Money got what they wanted and then - well, there just wasn’t time and energy for anything else. (Yeah - a health care bill to boost business for big insurance co’s.) The little people fought hard for Obama, and he should have fought hard for them.
SABRSteve about 13 years ago
I wonder if Obama will have to give his Peace Prize back?
Jaedabee Premium Member about 13 years ago
“Really? GE getting favored tax status by Obama is the republicans fault? Be honest with yourself.”
No, it’s not the Republicans’ fault. Saying “we have the highest corporate tax rate in the world” [fact] without saying that effectively NO ONE PAYS it [fact] is, however, their fault. It’s the same with the tax cuts to the top 2%. They don’t pay up to their tax rate as it is [fact], in fact they pay less, percentage-of-their-income wise, than the middle class [fact]. Rallying behind this spin is indeed their fault. But no, there’s plenty of blame for actual actions to go around.“If GE has paid no taxes under Bush, you know your media never would have let us forget”
The media did such a good job with that whole Iraq war legitimacy thing, didn’t it. *Jaedabee Premium Member about 13 years ago
^^ But since you wanted to know:
Avoiding taxes is nothing new for General Electric. In 2008 its effective tax rate was 5.3%; in 2007 it was 15%. The marginal U.S. corporate rate is 35%. http://www.forbes.com/2010/04/01/ge-exxon-walmart-business-washington-corporate-taxes.html
For reference: Obama’s presidency began in 2009. So no, General Electric’s tax acrobatics are nothing new.
mnsmkd about 13 years ago
I like the cartoon. When are the D’s gonna stop blaming Bush for everything? I admit he was a spend and (un)tax Prez, not really conservative but gee whiz….. What responsibility does Barry have in this mess?
HabaneroBuck about 13 years ago
^^ Well, bob, seeing as Obama campaigned that he was going to end the wars in Iraq and Afghanistan (and he is now actively expanding our miitary actions), you certainly can’t call him a hero, can you? You can, very easily, call him a pathetic liar.
I think “conservatives” are somewhat in favor of ending the campaigns in the Middle East…and liberals were apparently always against them….yet they go on. This strip nails it. Obama is demonstrably worse than Bush.
landshark67 about 13 years ago
I think the criticism of the Bush 1 is mostly unfounded, he said no new taxes but raised them when it was needed. Also remember he was smart enough to do just enough to get Saddam out of Kuwait and not waste the blood and money that would have resulted if we had gone on to Baghdad.
HabaneroBuck about 13 years ago
ahab, it wasn’t that bad of a war in Iraq, Democrats voted for it OVERWHELMINGLY. It’s just gone on too long and has lost its focus. It is unsustainable now, but the action, for its time, wasn’t entirely reprehensible. Obama could have easily ended, seeing as he promised he would. He hasn’t. And, Obama is not trying to “fix” the economy….no one believes Obamacare is going to “fix” the economy.