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White House Economic Adviser: 'We Need a Global Minimum Tax'
Weekly Standard ^

Posted on 02/13/2012 12:51:04 PM PST by Sub-Driver

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To: Sub-Driver

the Euros have been sulking about “destructive tax competition” for a couple of decades now. Sounds as if Barry is about to join them.


41 posted on 02/13/2012 2:28:27 PM PST by Buckeye McFrog
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To: RetroSexual

Anyone in Congress (both houses) who has assets of more than a million dollars receives NO pay whatsoever for being members of Congress. The POTUS, if assets exceed a million dollars, receives NO pay whatsoever. Pay for those who earn less than one million a year will be severely less than what they currently receive, depending upon their income.


42 posted on 02/13/2012 2:33:19 PM PST by SoldierDad (Proud dad of an Army Soldier who has survived 24 months of Combat deployment.)
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To: SoldierDad
It is not their pay that is the problem....

It is all the insider trading they are privvy too.

43 posted on 02/13/2012 2:36:55 PM PST by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: RetiredArmy

I cannot wait for some blue helmeted UN thief shows up here to collect.


44 posted on 02/13/2012 2:42:17 PM PST by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: ProfoundMan

Speaking of people paying NO income tax....

I love my daughter, dearly I do. But she and her husband pay no federal taxes as they do not make enough money. Oh they get money okay but that’s all I’ll say. Bottom line, with a child and work so difficult to obtain, they probably SHOULD not be paying income taxes as they don’t make that much.

Still....I ask her if anyone paid for her birth control pills and she told me she didn’t pay for them. This surprised me as ...well she had an operation to keep from getting pregnant and it’d been a long time since an unwanted pregnancy was something of her concern. But she swore she didn’t pay a co-pay for the small amount of time she took BC pills.

With my doubt that she might be mistaken about that, I then asked her if insurance companies, via the premiums of folks like us, should pay for Viagra. She verbally shrugged and said yeah, sometimes people need Viagra. I honed in and said well should insurance companies pay for Viagra so that the man will be ready when the moment occurs?

She said that yes, she didn’t care, she didn’t pay for her health insurance (she gets medicaid of some kind at various times) so sure, they should pay for it. I ask her would she feel that way if she had to pay MORE taxes for it. She then got emphatic and said NO WAY.

I told her how easy to give away SOMEONE ELSE’S MONEY! she kind of laffed and that was that.

Now daughter is more conservative than you might think, raising a daughter and complaining about an out-of-control society that has putting blindfolds on the kid. She and her husband greatly dislike Obama and love Sarah Palin.

But a family of three bringing in about $20,000 a year isn’t affected by taxes and such so there’s a whole different attitude when, like I say, IT’S SOMEBODY ELSE’S MONEY THEY’RE GIVING AWAY!


45 posted on 02/13/2012 3:00:25 PM PST by Fishtalk (http://patfish.blogspot.com/)
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To: Sub-Driver

Keep asking them where they get the authority and power to do this.


46 posted on 02/13/2012 3:21:48 PM PST by savedbygrace (But God.)
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To: Sub-Driver

This is how Civil Wars get started.


47 posted on 02/13/2012 3:22:32 PM PST by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: Sub-Driver

Seems to me that if they tax corporations at a 90% rate world-wide that ought to be just about what they need to fuel their dreams and schemes.

I bet the occupy folks would get on board with that. I wonder if Buffett, Gates, and Joe&Mary Doe would?


48 posted on 02/13/2012 3:36:13 PM PST by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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To: Texas Eagle

I don’t recall the details, but the story of GE paying zero tax last year was inaccurate.


49 posted on 02/13/2012 3:41:32 PM PST by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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To: Maceman



The urge to save humanity is always a false front for the urge to rule it.

— H.L. Mencken




50 posted on 02/13/2012 3:42:37 PM PST by glock rocks (optimist, pessimist? I'm an awesomist - There's a dragon in that glass!)
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To: bergmeid

Just imagine what will come out of this administration if -bama is re-elected and they don’t have to worry about what taxpayers think about them during the next four years.


51 posted on 02/13/2012 3:46:37 PM PST by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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To: brytlea

“... those who have the honor of serving the public should automatically have the honor, nay the privilege of paying the highest tax rate available, regardless of what their income. On every dollar they take in, no matter how it comes to them. That way we know they have lots of skin in the game. That’s what I think. Let’s keep them honest and let’s keep them from thinking very long and hard about class warfare, shall we?”

-—<>-—<>-—<>-—<>-—<>-—

I really REALLY like this proposal of yours!


52 posted on 02/13/2012 3:48:35 PM PST by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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To: Lurker

The Looters are winning because their victims have largely accepted the premise that the need of one is a valid claim on the rights of another, and that the primary purpose of government is to settle such claims in favor of takers and against producers. They effectively use the ability, effort and achievement of people who create value as a weapon against them through unearned guilt, and increasingly through force.


53 posted on 02/13/2012 3:58:00 PM PST by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: Sub-Driver

From “hope and change” to “shared sacrifice”.

We MUST get this Marxist OUT of our government!


54 posted on 02/13/2012 4:30:43 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Sub-Driver

What a mental midget.


55 posted on 02/13/2012 5:27:07 PM PST by F. dAnconia (We say: "It is, therefore, I want it. They say: "I want it, therefore it is")
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To: chris37

We need a lot of rope, tar and feathers.


56 posted on 02/13/2012 5:33:58 PM PST by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: Sub-Driver

An OVERPAID, DISFUNCTIONAL, ECONOMIC ILLITERATE.

Your taxpayers’ dollars at work.

Mindless mumbling from the Obama insane asylum.

Blatant stupidity on display.

A foresight of things to come.

The perfect reason to vote against Obama.


57 posted on 02/13/2012 5:43:56 PM PST by MadMax, the Grinning Reaper
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To: Sub-Driver

Obama is still channeling Stalin. Can’t he at least move on to Lenin.


58 posted on 02/13/2012 7:26:44 PM PST by DoughtyOne (Abortion? No. Gov't heath care? No. Gore on warming? No. McCain on immigration? No.)
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To: Sub-Driver

FUBO FUGS


59 posted on 02/13/2012 8:36:46 PM PST by markman46 (engage brain before using keyboard!!!)
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To: AFPhys
Won't have to if N0bamney gets the nomination.

Imagine there's no future.

It's easy if you try.

Elect Romney or 'Bama.

And watch your country fry.

60 posted on 02/13/2012 8:40:43 PM PST by mykroar (I believe in the simplistic notion that people who have wealth are entitled to keep it.)
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