Kerry to Offer Cut in Corporate Taxes

[kskiska]

Trade-Off Aims to Create U.S. Jobs by Raising Cost of Doing Business Abroad

Friday, March 26, 2004; Page A01

John F. Kerry today will propose cutting the corporate tax rate as part of an economic plan designed to create 10 million jobs by 2009 and discourage companies from sheltering taxable income overseas, his economic advisers said yesterday.

In essence, Kerry will offer a trade: He would cut taxes on U.S. corporations in exchange for forfeiting current tax benefits for moving money and jobs overseas.

Kerry, fresh from a week-long vacation, is planning to use his first domestic policy address of the general election campaign to call for this carrot-and-stick approach to prod U.S. companies to do more business and create more jobs at home. The speech is billed as the first of three presenting the candidate's detailed balanced budget plan, which will include several new tax cuts.

In doing so, Kerry is seeking to position himself as a moderate, pro-business Democrat similar to Bill Clinton and beat back charges that he is a tax-and-spend liberal.

more…
http://www.washingtonpost.com/wp-dyn/articles/A25175-2004Mar25.html

[unblock]

1. what corporate taxes?

[greatauntoftriplets]

2. Great comeback!

n/t

[w4rma]

3. Bah. If that's what it takes to stop them from moving overseas.

The big corps get a long term reward for selling out American jobs.

[maggrwaggr]

29. "will you quit raping me if I suck your dick?"

that's about what it amounts to.

[hang a left]

4. hmmmmmmmmmmmmmmmmm

same old story....same old song and dance........my friend.

[cprise]

5. Might as well start planning...

http://www.expatica.com/move/

[Leilani]

6. I understand the logic of the proposal, but

corporate tax rates are now much lower than they were a while back.

[unblock]

8. it's actually more about rhetoric than anything else

it lets him position himself as pro-business without giving away the store.

[ProudToBeLiberal]

10. Yeah but if he doesn't follow through...he'll be labeled as promise breake

r.

[unblock]

12. point is he CAN follow through

it won't cost the treasury much to follow through, so he can easily keep this promise without dramatically hurting the budget.

[ProudToBeLiberal]

7. DAMN nt

[Dirk39]

9. Jesus,

In doing so, Kerry is seeking to position himself as a moderate, pro-business Republican similar to Ronald Reagan, Busch I and Bush II, Bill Clinton and beat back charges that he is a tax-and-spend liberal.
He's just doing the same. And this kind of tax-politics has saved how many jobs during the last decades? I'm too stupid to count them all.



Hello from Germany,
Dirk

[w4rma]

11. Unions = big buisness? (nt)

[Dirk39]

13. Are there any unions in the USA after the twenties and the

destruction of the labour-movement in North-America that deserve the name "union"?
Spend all the money for the military, cut health-care, cut welfare and then, when there's no money left, cut the tax for the corporations to create wealth, jobs and happyness everywhere.
I just wonder, where all those "back charges" are coming from. Must be from the Bronx, Harlem and some places in Washington, Kerry, Bush and their comrades have never seen. But I did see them.
Be happy, vote Kerry.
Hello from Germany,
Dirk

[Yo_Mama_Been_Loggin]

19. Well I'm a card carrying union member.

International Brotherhood of Electrical Workers Local 89.

[Dirk39]

21. O.K. I trust you...

but if there are still unions in the USA, why the hell have corporations still have to pay tax? Don't you know, that they are suffering so much?
Don't you know that they try to do the best for all of us, but evil communists/socialists/liberals prevent them from making us happy?

Don't you know that the only reason for unemployment are evil minded leftwingers, who oppress corporations and free trade?

I see somehow that the unions in the USA are better than those in Europe, where I live under a communist dictatorship. Evil satans and terrorists like Noam Chomsky are still allowed to speak here, our unions even invite them to held lectures. It's disgusting.
In the USA, only terrorist organisations like churches allow those evil minded jealous communists, who hate Heinz and Bush and Kerry and Clinton for their freedom, to open their mouth in the land of the free.

I don't want to be too cynical, but even our unions here in Germany are not unions anymore. The USA has destroyed them to play their role during the cold war, but in the USA? Unions? Kerry? Cut tax for the corporations?

Dazed and Confused in Germany,
Dirk

[pfitz59]

39. Another here

Amalgamated Transit Union Local 1576

[unblock]

14. dirk, do you have a better plan?

[Dirk39]

15. Yes,

forget Kerry, forget Bush. Reach the people, who don't care at all and who gave up voting for decades. In a way, they know more about what's going on than idiotic middle-class people like me...
Changing between sophisticated liars and populistic stupid liars might not be the best solution to create a democratic society that's more than a facade.
Shut down CNN, shut down Fox-News. Outsource tax instead of jobs: everybody has to pay 98% income tax for every Euro or Dollar he earns above 10.000 a month. Worldwide. Would be a nice job for the UN to do.

IIRC the father of Kerry's wife earns about 30.000 an hour. Kerry might have lost crocodile tears, seeing this poor little helpless piece of shit paying to much tax under Bush?
In a way, I think at least Bush might believe his own lies, but Kerry doesn't. He's just a cynical whore and nothing else.

Dirk

[tlcandie]

24. Thanks Dirk.. you come through once again!!!

Great toon AND suggestions! I agree...take it to the common folk just like in Venezuela and other countries where the poor and normal folk are TAKING BACK THEIR COUNTRY!!!

I just don't see it working any other way. It will simply be another finger on another hole in the dike. But what do I know... my man is and always will be Kucinich. (I didn't say I wouldn't vote for Kerry btw, so NO flames!)

[burrowowl]

18. Thanks for the

cartoon, Dirk!
Not bad, not bad at all.

[WhereIsMyFreedom]

16. Better a tax-and-spend liberal

than a tax-cut-and-spend neocon.

[Dover]

17. What guarantees are there that corporations will take the bait?

They can straddle that fence and enjoy both the tax savings here AND tax shelters overseas.

Besides how much would he have to cut their taxes to compete with those shelters?

[maggrwaggr]

20. That's absolutely the wrong way to go about it

what he needs to do is have legislation where companies, if they move their production overseas, have to pay a HIGHER tax to SELL their goods that they've produced overseas, in the United States of America.

Duh.

Kerry, Kerry, Kerry ..... (sigh) ......

From an evil corporatist (Bush) to a innocuous corporatist (Kerry)

Who the FUCK is standing up for the PEOPLE, goddamnit?

[truthisfreedom]

23. Kerry's trying to get elected. that approach you are suggesting would in-

crease the cost of goods to the consumer.

[maggrwaggr]

26. so what? If your "consumer" doesn't have a fucking job, what's it matter?

he can't afford it anyway.

[truthisfreedom]

31. that doesn't make any sense. it's not like the majority of Americans don't

have jobs. and those that DO have jobs don't want to pay MORE for goods. they want to pay the same or LESS. what Kerry has chosen will help make that possible. his plan to cut income tax for the middle class (under $200k income) is brilliant because it re-instates taxes on the ultra-rich, who can afford to pay them... the move he's making with corporate tax is also brilliant because it gives him enormous political leverage to appear as a moderate and defuse karl rove's constant attempts to brand Kerry as some kind of ultra-liberal. this is an election, and elections require strategy... i'm glad Kerry's using strategy.

[maggrwaggr]

33. I repeat "will you quit raping me if I suck your dick?"

Will you quit destroying the country if I lower your taxes?

Oh, thank you! What's that .....? You weren't paying any taxes anyway? Hmmm, well! Let me think about that one! What else can I do for you then? Anal sex with me and my girlfriend? Would you like that .....?

[camero]

36. Excellent

If that isn't a truer description of what is going on I don't know what is. Thanks :thumbsup:

[tlcandie]

25. Kucinich? Other than that I have no idea myself Maggrwaggr

:shrug:

[maggrwaggr]

27. "Our corporatist is less nasty than your corporatist"

that's what it's boiling down to.

Whatever happened to government by the people, for the people?

Now it's government by the corporations, for the corporations.

And nobody seems to give a shit.

[Mari333]

28. I give a shit.

You think I want Kerry in there continuiing to plug away for the corporations? I dont. I know its what Noam Chomsky says..this is also a hand picked candidate. again, I have to vote Bush out. This I know.
In the meantime, Kerry has to know and know real fast that the Dean and Kucinich people will hold his goddamned feet to the fire, as will the military families like mine. We will keep him hoppin and not get lazy.
I found out the Kerry people werent too happy with me when I put this on the Kerry forums
http://www.calltoconscience.net/
that spoke volumes to me that they are staying in Iraq. That bothered me a hell of a lot, knowing that my kid is over there and theres no exit strategy and that plenty of Vets who are speaking out on that site should be heard. The forum moderator on the Kerry boards didnt like that site. Odd, because Kerry did speak out against Vietnam as well he should have.
and this is no different.
I wrote back and told them, tough shit. I had every right to put that site on their forums.
Its gonna take a lot of work, but the Dean and Kucinich camps have got to be relentless with Kerry , and kick ass within the party and not let go of him. He better listen to us. Im not kidding. I have a kids life at stake. Hell, our country is at stake.

[maggrwaggr]

34. thanks, Mari. I'm just pissed off.

You're right, we have to hold his feet to the fire, but I sure don't know what good it's gonna do.

It's like all these petitions you can send to Bush. You think Bush does anything but laugh at those?

Sorry, feeling cynical tonight.

[camero]

22. LOL, the carrot and stick approach

Big carrot, small stick. In order to even think about attacking the deficit, taxes on high incomes can't just stop at Pre-Bush levels. They would have to be higher.

I'm not against that per se but I don't think he's willing to go that far.

[maggrwaggr]

30. I'm sorry but it's shit like this which is why I can't give $ to Kerry

fuck him and his corporatist bullshit.

I'll give my $ to move.on, not to Kerry.

What a fucking whore. I'm sorry, this REALLY pisses me off to no end. What's the matter, Kerry, not getting enough donations from the big boys? Those little $50 gifts from mom and pop just aren't adding up quick enough, are they?

I'm sorry, but I'm fucking pissed off at this shit.

[truthisfreedom]

32. hey, at least you're helping... thanks for donating to moveon.org.

8^) anyone but bush, right?

[Guaranteed]

35. LESS CARROT, MORE STICK. nt

[mulethree]

37. hmm maybe if

If He raises the tax on corporate profits over $200K the same as he would raise personal taxes over 200K, then give part of it back.

Then he can tweak the corp taxes however he wants and still keep this promise to give them a cut to offset offshoring while making the offshoring corps foot the bill for the cut.

;-)

[mulethree]

38. stick a really big carrot ;-)

[Voltaire99]

40. Kerry, revealed once more

The war in Iraq is illegal, inhumane, wasteful, and against our longterm strategic interest.

Kerry wants to send more troops.

Our corporations are diluting American jobs, neglecting to pay their fair share, and using their wealth to control US pols like puppets.

Kerry wants to give them tax breaks.

Improper war and abuses of corporate power are at least among the most critical problems we face. Kerry's position on them needs to evolve--dramatically.

And yet, realistically, can it? Where is the incentive for Kerry to evolve? On Iraq, the party leadership isn't going to pressure him, having backed the long era of sanctions and the savagery of Shock and Awe. Nor is it about to risk its place at the corporate trough. And the Anybody-But-Bush crowd is hardly going to press Kerry, either, their credo expressing the naive wish that simple replacement is redemption.

This political monoculture is in one way more depressing than overt tyranny; at least under fascists, they don't tease you with "choice."