Quote:
Originally Posted by spence
You missed an important part of Clinton's speech...
Lower the top rate, remove deductions and let the companies still pay about the same in taxes...pretty much what Reagan did in '86. It sure sounds good for the Norquist disciples and might help negotiate a settlement in the debt ceiling game of chicken that Congress is playing.
-spence
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no...THE important part is
Bill Clinton says the nation’s corporate tax rate is “uncompetitive” and called for a lower rate
and it completely refutes your statements and the idea, your statement "
we can justify higher corporate tax rates" that higher taxes on corporations is valid a way to increase revenue, particularly right now
..........................
“When I was president, we raised the corporate income-tax rates on corporations that made over $10 million [a year],” the former president told the Aspen Ideas Festival on Saturday evening.
“It made sense when I did it. It doesn’t make sense anymore —
we’ve got an uncompetitive rate."
not ambiguous
Read more:
http://www.politico.com/news/stories...#ixzz1RDwXxqrJ
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