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(Liz Warren) Stop rigging system against small business
Politico ^ | Aug 5, 2012 | Elizabeth Warren

Posted on 08/07/2012 7:20:36 AM PDT by Sir Napsalot

I believe in small businesses. They’re the heart and soul of our economy. They create jobs and opportunities for the future.

Washington politicians .... claim they support small businesses, but they avoid talking about a harsh reality: The system is rigged against small business. These owners can’t afford armies of lobbyists in D.C., but the big corporations can. It’s those armies of lobbyists that create the loopholes and special breaks that let big corporations off the hook for paying taxes. While small businesses are left to pay the bills.

....

When small businesses grow and flourish, we should applaud their success, and the companies should benefit from their hard work and clever ideas. But here’s my point: If a business makes it big, the reward shouldn’t be the ability to rig the system to stop the next guy.

If a business takes its profits to the Cayman Islands, ships its jobs overseas or finds a loophole to avoid paying its fair share of taxes, then that business now has a leg up over every small business and start up that can’t take advantage of those loopholes.

.....

We face a real choice in this country between the Republicans’ “I’ve got mine,” approach and the belief that, as a nation, we reward success and hard work — keeping the playing field level so that everyone with a good idea, a dream of making it big and plenty of determination has a chance to make it.

We must be committed to the American dream, the approach that made us the most prosperous and strongest country in the world and built a future of opportunity for our children and grandchildren.

(Excerpt) Read more at dyn.politico.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: elizabethwarren; lizwarren; ma2012; scottbrown; warren
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We can pretty much expect this to be the essence of EW's speech at the DNC later in NC.

We all know EW and BHO have the same view - One does not own one's personal wealth/success, 'it' needs to be spread around by our betters. So there is this 'level playing field'.

Here is the question, if EW and Libs like her really want to close the tax loopholes, why don't they try a novel approach: abolish the current tax codes, greatly reduce the IRS and 'armies of lobbyists', and propose a flat tax instead?

1 posted on 08/07/2012 7:20:41 AM PDT by Sir Napsalot
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To: Sir Napsalot
I actually agree with Warren on one point. Those with money and influence generally benefit from ties to government.

However, the solution to that problem is to reduce the size and scope of government and therefore its ability to respond favorably to those with undue influence over it, and the way to accomplish that goal decidedly does not include electing people like Elizabeth Warren.

2 posted on 08/07/2012 7:27:24 AM PDT by p. henry
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To: Sir Napsalot

Actually the point at which a big business can hamstring its smaller competitors comes when it becomes big enough to afford K Street lobbying to bribe corrupt members of Congress into passing special legislation to throw tacks in the rear view mirror. But there are a whole lotta DEMOCRATS tapping THAT cash stream.


3 posted on 08/07/2012 7:28:01 AM PDT by Buckeye McFrog
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To: Sir Napsalot
If a business takes its profits to the Cayman Islands, ships its jobs overseas or finds a loophole to avoid paying its fair share of taxes, it means that the business climate in the USA sucks because of government costs!
4 posted on 08/07/2012 7:28:33 AM PDT by EGPWS (Trust in God, question everyone else)
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To: EGPWS

LET’S TRIPLE THE INVESTMENT TAX!!!!!


5 posted on 08/07/2012 7:32:00 AM PDT by massgopguy (I owe everything to George Bailey)
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To: Sir Napsalot
'I believe in small businesses......I also believe I'm a Cherokee Indian...Neither of my beliefs are true...believe me'
6 posted on 08/07/2012 7:33:22 AM PDT by libertarian27 (Check my profile page for the FReeper Online Cookbook 2011)
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To: Buckeye McFrog

Comrade Warren fails to mention that companies must send lobbyists to keep politicians from targeting them if they don’t pay up. For example, Hillary ranted and raved against “big pharma” until they donated a pot of cash to her campaign fund. Oddly enough, she shut up about them after that.

As another said, the problem is that government has the power to hand out goodies or deal penalties in the first place. Shrink government and stop the payoffs and blackmail.


7 posted on 08/07/2012 7:34:54 AM PDT by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
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To: Sir Napsalot
finds a loophole to avoid paying its fair share of taxes

Hey Bozo, the law is the law.

The law decides what is a "fair share".

Own it.

8 posted on 08/07/2012 7:35:04 AM PDT by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: Sir Napsalot

Princess Running Scared.


9 posted on 08/07/2012 7:35:26 AM PDT by smoothsailing
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To: Sir Napsalot
If a business takes its profits to the Cayman Islands, ships its jobs overseas or finds a loophole to avoid paying its fair share of taxes, then that business now has a leg up over every small business and start up that can’t take advantage of those loopholes.

Warren's only interest is in keeping the money here for easier looting. When a jackal like her expresses "support for small business", we know what she really means. Like her fellow progressives, she has never seen any business - large or small - that she didn't want to fascisticallly co-opt as an arm of government, complete with installation of a Federally-controlled HR Department to dispense bread and stripes and voting instructions to that unfortunate company's newly unionized workforce.

10 posted on 08/07/2012 7:39:33 AM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: Sir Napsalot
Injun gal speak with forked tongue, White Eyes.

She will approach with Peace Pipe, while many braves will attack homestead from Left. When you bend over to pick up Peace Pipe, guess where flaming arrow will go.

11 posted on 08/07/2012 8:08:57 AM PDT by Kenny Bunk (Do not listen to Conservative Talk Radio ... until they talk to Sheriff Joe.)
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To: Kenny Bunk

She like’em wampum too!


12 posted on 08/07/2012 8:27:41 AM PDT by kenavi (Obama doesn't hate private equity. He wants to be it with our money.)
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To: Sir Napsalot
A Harvard professor turned U.S. Senator micromanaging American small businesses...what could possibly go wrong.
13 posted on 08/07/2012 8:31:12 AM PDT by Tex-Con-Man (T. Coddington Van Voorhees VII 2012 - "Together, I Shall Ride You To Victory")
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To: Sir Napsalot
We should all pay very close attention to what this sour old harridan says . . . after all, she has so much experience in creating and running small businesses.

Hey, squaw-woman, unlike you, I don't believe in discrimination--I believe in ALL businesses.
14 posted on 08/07/2012 8:35:42 AM PDT by Sudetenland (Member of the BBB Club - Bye-Bye-Barry!!! President Barack "Down Low" Obama)
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To: kenavi
Massholes no believe scout. Will choose Injun Gal? White Eyes must go on warpath. What tribe Aunt Zeituni, (She who is White Eyes' Burden) Uncle Onyanyo (He who must not operate white man's machine)?

Regards to Squanto.

15 posted on 08/07/2012 8:37:16 AM PDT by Kenny Bunk (Do not listen to Conservative Talk Radio ... until they talk to Sheriff Joe.)
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To: p. henry; All

“If a business takes its profits to the Cayman Islands, ships its jobs overseas or finds a loophole to avoid paying its fair share of taxes, then that business now has a leg up over every small business and start up that can’t take advantage of those loopholes. “


and the CEO then becomes a jobs czar for the obama administration ala Jeff Immelt/GE....


16 posted on 08/07/2012 8:39:02 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: p. henry

In addition, the more regulations there are, the more bribery there is.


17 posted on 08/07/2012 8:49:18 AM PDT by expat2
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To: Sir Napsalot

I, for one, feel confident that Liar Lizzie will now be truthful.


18 posted on 08/07/2012 9:04:25 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Sir Napsalot

Democrats love to talk about small businesses but they do every thing to destroy them. So, it’s a “false narrative,” as they would say. Same goes for the middle class. They are the biggest destroyers of the middle, yet they talk about how they love the middle class all the time. Commnists always say the opposite of what they do.


19 posted on 08/07/2012 9:09:15 AM PDT by WashingtonSource
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To: Sir Napsalot

Hmmm. No mention of the biggest influence peddlers in the US, non-corporate “corporations” like AFSCME, AFL-CIO, the Teamsters, NEA, groups like that.

I wonder why??


20 posted on 08/07/2012 9:10:00 AM PDT by ssaftler (11/6: Repeal of One Bad Ass Mistake, America.)
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