Do people agree that all loopholes and corporate welfare should be stopped? (dollars, party)

[Kenneth-Kaunda]

you must ask yourself though, 'who places it in the policy?'

whose interests are they really serving?

[pie_row]

smile it could be you

[kidkaos2]

Originally Posted by TheHurricaneKid

But, extreme capitalism IS corruption. Extreme capitalism is essentially the fact that money can buy ANYTHING.

Well sure, but that's kind of a theoretical thing. At that point the market is life itself. That really wasn't what the post was referring to. At the point you're talking about, communism is itself a capitalist system and then discussion becomes meaningless.

[chad3]

Originally Posted by pknopp

Why? Because the right agree's with many of them and Obama has put corporate welfare into overdrive and the left is afraid to oppose him.

Why Should Taxpayers Give Big Banks $83 Billion a Year? - Bloomberg

If republicans would listen to news from places other than Fox news and Rush radio, then perhaps they would know what was going on.

The republican party is for trickle down economics and the supply side formula.
Do you know what trickle down economics and the supply side formula is?
Answer: They both give tax cuts to the rich and large corporations.


For example Mitt Romney wanted to give $6.6 trillion dollars in tax cuts to Americas rich and large corporations.
Romney's Economic Plan Includes $6.6 Trillion Tax Cut For The Rich And Corporations | ThinkProgress


Billionaires have a 17% federal tax rate, and Americans who make $90,000 a year have a 30%+ tax rate (because of republican trickle down economics)

The following link shows Warren Buffet and his secretary. They talk about how Warren Buffets secretary has a 2x higher tax rate than billionaire Warren Buffet. If you would watch news from other places besides Fox and Rush you would know that democrats are trying to raise billionaires tax rates, but the republicans will (not) let them. Check out Obama in the following 3 minute link.


After clicking play you must click "watch on youtube"
Or you can click the blue words bellow the picture.


Warren Buffett, Secretary Debbie Bosanek Discuss Tax Rate Inequality in Interview - YouTube




And the stupidest thing is your source did not even mention Obama's name.


Republican Mitt Romney was trying to give Americas rich and large corporations $6.6 trillion dollars.
While Obama is trying to raise billionaires taxes.

Fox news stole your brain.

[chad3]

And don't forget about Ronald Reagan's and GW Bush's trickle down tax cuts (for the rich).
Our government did not have big deficits until R. Reagan and GW Bush cut rich peoples taxes.

[pknopp]

Originally Posted by Kenneth-Kaunda

you must ask yourself though, 'who places it in the policy?'

whose interests are they really serving?

That's a fair question only asked after we agree that these are not loophoes but indeed tax breaks intentionally placed into the tax code.

[evilnewbie]

Originally Posted by Kenneth-Kaunda

Loopholes for the rich should be stopped, right?

how about corporate welfare and bailouts - that's also undemocratic.

So why do they continue to exist?

I challenge you to tell me a loophole other than mindless rhetoric...

[pknopp]

Originally Posted by chad3

If republicans would listen to news from places other than Fox news and Rush radio, then perhaps they would know what was going on.

Dismissed. I posted a link stating one of the big problems and that problem had nothing to do with what news shows anyone watches. Do you have an actual opinion of the piece I linked to and you quoted without the stupid attempts at dismissing what the article says has happened over the last 4 years?

[Roadking2003]

Originally Posted by Kenneth-Kaunda

all sorts of loopholes that the rich can take advantage of.

too numerous to mention them all

So, tell me about one or two.

[Roadking2003]

Originally Posted by TheHurricaneKid

But, extreme capitalism IS corruption. Extreme capitalism is essentially the fact that money can buy ANYTHING.

Corruption is not capitalism. Corruption involves illegal activity. Capitalism is legal.