Posted on 06/16/2009 10:41:23 PM PDT by pissant
Prime Minister Vladimir Putin on Monday criticized U.S. President Barack Obama's plan to raise taxes on U.S. companies' foreign operations, saying it would amount to double taxation that will hurt the global economy.
"This is a serious decision for the world economy," Putin said at a meeting of the Presidium, the government said on its web site. "If taxes are imposed on all companies working abroad, then it will mean the total destruction of the system for avoiding double taxation."
Putin instructed Finance Minister Alexei Kudrin to hold discussions on the plan with Obama's administration.
Kudrin met with finance ministers from the Group of Eight over the weekend and signed an agreement with Italy outlining a system for avoiding double taxation.
Obama has proposed canceling a provision of the tax code that allows foreign subsidiaries of U.S. corporations to defer tax payments on money that is reinvested in local operations.
"It's a tax code that says you should pay lower taxes if you create a job in Bangalore, India, than if you create one in Buffalo, New York," he said in May, referring to the current state of the U.S. tax code, media reported.
(Excerpt) Read more at moscowtimes.ru ...
I wonder if Vlad would be willing to run against the “messiah” in 2012. We could possibly revive capitalism.
I would trade Obama for Putin in a heartbeat.
I’m living in an alternate universe, I swear
Who is this guy, and what has he done with our Putin?
Okay....it’s time for me to go to sleep now.....is this a dream?
Can we swap?
We’ll give Russia Obama in return for Putin, and throw in some strategic oil reserves for good measure.
Obama is a catastrophe. If Bush’s immigration policies hadn’t turned America into a Bannana Republic, this clown would have been yanked out of office through an impeachment process weeks ago.
Over the last two or so decades we’ve seen the curious convergence of systems. China and Russia (former USSR) moving towards liberalized free market economies and a recognition of individual freedoms (more or less), and the United States becoming an over regulated iron grip police state, rife with corruption, social engineering, and usurpation of once free market sectors of the economy. And we’ve now passed the crossover point.
Can we trade Zero for Putin?
How bad is it?
Communists think we’re going too far....:(
It’s not the first time that Putin (or other nation’s leaders) have done this.
(I believe their concern to be sincere)
Kennedy and Kruschev were both right in their predictions, except for the timing.
World dictators are catching on that someone we know and love wants complete control of American wealth.
The Rise of the Marxist Man
“...Marx surveyed the world and dreamed of the day when the whole body of humanity could be forced into a gigantic social image which conformed completely to Marx’s dream of a perfect society.
To achieve his goal, Marx required two things. First, the total annihilation of all opposition, the downfall of all existing governments, all economies and all societies. “Then,” he wrote, “I shall stride through the wreckage a creator!” The second thing he needed was a new kind of human being.”
- The Naked Communist by Cleon Skousen
O’s plan is far reaching, and it has NOTHING to do with financial and social recovery.
Putin however corrupt and oligarchic is more a traditionalist than messianic Obama will ever be
and he ain’t a dreamer
I like Putin and despise the socialist-fascist-commie 0boooooooomba usurper in chief. As I said in another post, what an ass wipe 0booooooomba is!!! I would love to see black belt Putin dropkick 0boooooooomba’s skinny ass from one side of the room to the other, just to knock off his narcissistic pride & arrogance & his condescending uplifted nose-in-the-air.
It’s pretty bad when the leader of a nation like Russia has more sense than your own Pres__ent.
Honestly, Obama is so in over his head...
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