Would Obama's corporate tax cut speed the recovery?

The problem with the loopholes is that they have often been narrowly targeted; some industries benefit while others don#$%$ an utterly haphazard, broken system that reeks of cronyism and good-old-boy networks. It needs to be fixed.

The only tax breaks that should be left in place are for companies that hire CITIZENS OR PERMANENT LEGAL RESIDENTS (no more importing workers to do jobs that those workers have been laid off from - and yes, an H1B is cheaper than a citizen/permanent legal resident) - and they only get the break after a job has been in place at least a year!

There is provision in it that would tax dividends at the regular rate too, and add a percentage for Obamacare. While this may not be horrible for the super rich, what about your Grandparents who get dividend checks from there investments? You know the ones they use to live on during retirement.

if he would have done it when he was elected sure.......but obama has not been about creating, it has always been suppression.....now he finds himself in a little bind with gas prices......obama has set back and let iran create this mess......so taxpayers are the ones that get hurt.......entitlement people could care less.......that has been job one for obama....they vote...half the country don't pay taxes so he has 50 percent of the vote already.

Why do we not demand a flat tax? its simple, no deductions , no returns,everyone pays and you could do it on a one page form

Would ALL the loopholes be closed ? The DEVILS in the DETAILS.

I wonder if Obama really believes his own bull shirt? Or is he just mentally nuts?

lower one side, raise another and see how it works out. Not exactly tax reform. Hardly worth getting upset about.

The problem is that no matter how much Democrats get in taxes they spend more.... a lot more... I live in California and we had record tax revenues from 2000 to 2008 but the Democrats always outspent what was taken in. Four more years of Obama... means 5+ trillion more in debt...... don't burden you children with that.......

it sounds good for an election year but taxing all foreign revenue on these companies might make em pull out of the US & move corporate headquarters overseas instead of having them move back home. it's a global economy now thanks to their big free trade scam the politicians sold us on & they go where they can make the most money......the corporations. I dunno. the tax cut to 28% is a distraction for the big tax hike on the foreign profits. Obama needs money for his social agenda & he doesn't have it. if he has bernanke print any more money the dollar will become worthless & no one will lend us any more money. when you're borrowing 42 cents on every dollar & running a tillion dollar a yr deficit what happens when the loan tap is shut off? disaster......the government will not have the money to pay half of what they fund now & guess where they will get it from? us, plus cut medicare, social security, federal union pensions, food stamps, enemployment payments.......the whole works and raise taxes thru the roof. the politicians & the government will save themselves & throw us overboard. riot & protest like in Greece & they will impose martial law and throw the constitution in the trash can. why do you think Hillary is so anxious along with the other progressives & liberals to impose gun controls & take away the guns? they know this is a very distinct possibility if not a future certainty & they don't want us to have guns. with all our 16 trillion in debt which doesn't include what they owe social security & medicare, fannie mae & freddie mac nor the union pension obligations of federal workers the debt is way more than they admit to. the mainstream media lies to us & won't report the truth. the future does not look good to me. believe the fantasy they spin if you want, I'm trying to prepare for the worst & pray-hope it doesn't happen and that I am so very wrong. we have to quit spending money we don't have & stop borrowing it, and it is gonna to be hard & painful with a lot of sacrifices & the spend junkie addicted government & politicians we have need to go if they can't get their act togather & do what's right.

How exactly does this qualify as a tax cut when it actually increases the amount of tax owed? Must be that new-fangled Obama math.

Might want to think about your signature Obamacare if you are looking for cutting something that would stimulate the economy.

Just words just speeches,sounds good until the true facts come out, also heard he wants to tax companies that make profits overseas he will drive all companies out of america at this rate.

Obama's so-called tax cuts aren't really tax cuts. He confiscates from Peter to pay Paul. The proposed law is not universally applied as is most of his proposals. Only his favorites get the tax cuts, and they only apply to corporations. What about SME's who are primarily partnerships and sole proprietors who make in the $1 million range? They get soaked. That's Obama's plan - soak small business and favor his cronies. He is as deceitful as the day is long and cannot be trusted. That's the reason Republicans can't and won't work with him. Obama lies and moves his markers. He is the worst liar the presidency has ever seen.

Kinda like Obama saying he would create or save 4 million jobs. Heads you lose, tails you lose. Brilliant plan, rotflmao!

that scrolling Bill Maher ad sux

Lower the price of gas odummy! That will put money in our pockets! Stop taking your expensive vacations on our dime you freeloader!

Man , he is dancing on the head of a pin now! His " transparancy " should be clear to all by now. The only excuse is glaucoma.

it might get him more campaign money, that's his top priority

would obo's exit from America speed the economy?