What? I spelled it the nice way. I’ll let your minds run with whatever innuendo you want here. There are some things I want to come quickly and frequently and other things I’d much rather skip all together.
As of yesterday, we now have the dubious honor of the highest corporate tax rate in the WORLD at 39.2%! Usually bigger is better but in this instance it’s the same as winning the tiny penis award. In other words, not good! I guess size does matter after all. The Japanese, who are known for having tiny penises (kidding people, I have no confirmation of this), ranked the highest previously at 39.5%, but they recently lowered it to 36.8% ,likely just to make us look bad.
Honestly, I believe Obama owns a copy of How to Create Jobs for Dummies and he does the exact opposite of everything in the book.
The Heritage Foundation warns of more hostile takeovers of American companies like that of Anheuser-Busch in 2008, when a Brazilian-Belgian company took over and laid off over 1800 workers. High corporate tax rates create a target rich environment for more hostile takeovers of American companies.
With heavy regulations, and the highest tax rate in the world, exactly HOW are corporations supposed to create jobs again? Taxes and regulation have never ONCE fostered growth. And to make the tiny penis even smaller, the Obama administration is plotting even more insidious, job-killing, corporate-fleeing, tax ‘em to death, measures.
Boob Biden, just last week, mentions a new Global Minimum Tax. WHAT? COME AGAIN? (See the title wasn’t really bad after all huh?)
He said, “For years, American manufacturers have faced one of the highest tax rates in the world. We want to reduce that by over 20%. We want to drop the rate, particularly, for high-tech manufacturers like you, Mr. President, even further than the 20%. We want to create a global minimum tax, because American taxpayers shouldn’t be providing a larger subsidy for investing abroad than investing at home.”
Yes!!! Lowering the tax rate is good! But as with all things liberal, what they say is in their pants, really isn’t in their pants. Heritage’s J.D. Foster explains, “His new proposal starts strong by reducing the federal corporate income tax rate to 28 percent from the current 35 percent. This is a good and long-overdue policy change. Regrettably, he marries rate reduction to a net corporate tax hike based in part on extending his policy to hammer and ultimately deconstruct U.S. multinational companies. The net effect is that his corporate tax reform would do more harm than good, representing yet another missed opportunity to help American workers.”
The President’s tax policy quite frankly sucks. (Sorry, I left my giant rockin’ thesaurus at home.) We are going from bad to worse. We are way past laughable. Tiny penises are not a laughing matter. But why are we “punishing firms that seek new opportunities in growing markets by taxing their earnings in those developing markets even more heavily than they’re already taxed”?
It increases the likelihood that the “companies’ assets would go up for sale to overseas firms in order to escape the Obama tax penalty.”
Brilliant. Really Mr. President. Good move. <——- To be lavished with extreme amounts of sarcasm.
I once assumed the President was just one enchilada short of a combination platter. I have to remind myself, and fully recognize everything he does is done with intent and malice. He doesn’t want to help American corporations. He doesn’t want to create job growth. And if you disagree with that, then explain to me why he has a choke hold on American companies.
And Obama friend and mentor Bill Ayers told a group of Marxist Occupiers just a few days ago, “I get up every morning and think, today I’m going to end Capitalism.”
They all have tiny dicks. And they sadly misjudge the size of our balls. We won’t let this country fall. I know we won’t. I believe in all of us and there is strength in numbers. Yep, size matters, and we are HUGE!