Comments on: Kudlow: WH dismissive of business complaints http://blogs.reuters.com/james-pethokoukis/2010/07/26/kudlow-wh-dismissive-of-business-complaints/ Politics and policy from inside Washington Sun, 07 Apr 2013 21:23:48 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: CDNrebel http://blogs.reuters.com/james-pethokoukis/2010/07/26/kudlow-wh-dismissive-of-business-complaints/comment-page-1/#comment-8559 CDNrebel Mon, 26 Jul 2010 20:30:04 +0000 http://blogs.reuters.com/james-pethokoukis/?p=4248#comment-8559 Starting to get boring; big corps want a big tax break, but what have they done to deserve one? They ship out all the jobs to the third world; they have so many loopholes in the tax code that nine-out-of-ten pay miniscual to no tax at all; they continue to spend liberally on lobby groups and advertising (TV news spots included) that somehow make them seem to be victims. What I would propose in the face of all this propoganda is an offer of a flat-tax/no loophole policy for corporations: 15% (less than half what it is now), no deductions, take it or leave it. My guess is - with no loopholes to exploit - they will leave it and move on to exploit the developing world more fully. PS: Kudlow is not the Great One; Wayne Gretzky is! Kudlow is a minor thinker who has been too insulated to have a fair taste of reality, but at least he can debate in earnest which is very important for real progress to be made in America. I will say this in Kudlow's defence he was the first to make Cramer look like the utter buffoon, double-talking hedgie whore that he is. But I digress... Starting to get boring; big corps want a big tax break, but what have they done to deserve one? They ship out all the jobs to the third world; they have so many loopholes in the tax code that nine-out-of-ten pay miniscual to no tax at all; they continue to spend liberally on lobby groups and advertising (TV news spots included) that somehow make them seem to be victims.

What I would propose in the face of all this propoganda is an offer of a flat-tax/no loophole policy for corporations: 15% (less than half what it is now), no deductions, take it or leave it. My guess is – with no loopholes to exploit – they will leave it and move on to exploit the developing world more fully.

PS: Kudlow is not the Great One; Wayne Gretzky is! Kudlow is a minor thinker who has been too insulated to have a fair taste of reality, but at least he can debate in earnest which is very important for real progress to be made in America. I will say this in Kudlow’s defence he was the first to make Cramer look like the utter buffoon, double-talking hedgie whore that he is. But I digress…

]]> By: Gotthardbahn http://blogs.reuters.com/james-pethokoukis/2010/07/26/kudlow-wh-dismissive-of-business-complaints/comment-page-1/#comment-8557 Gotthardbahn Mon, 26 Jul 2010 15:55:45 +0000 http://blogs.reuters.com/james-pethokoukis/?p=4248#comment-8557 As usual, the Great One gets it right on. The Obama administration is hopeless; they will never understand business. Perhaps after the upcoming mid-terms Mr. Obama will get a dose of reality and smarten up, like Bill Clinton back in 1994. As usual, the Great One gets it right on. The Obama administration is hopeless; they will never understand business. Perhaps after the upcoming mid-terms Mr. Obama will get a dose of reality and smarten up, like Bill Clinton back in 1994.

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