Obama challenges GOP to fund jobs programs in exchange for corporate tax overhaul

  • Article by: NEDRA PICKLER , Associated Press
  • Updated: July 30, 2013 - 4:20 PM

CHATTANOOGA, Tenn. — President Barack Obama on Tuesday offered congressional Republicans a new corporate tax cut and jobs spending package he said might "help break through some of the political logjam in Washington," only to have GOP lawmakers immediately throw cold water on the idea.

  • 107
  • Comments

  • Results per page:
bigbadbeanJul. 30, 13 8:15 AM

Business as usual on both sides of the aisle. Hopefully this will continue. The less they get "accomplished" the better off we are.

68
27
smdentJul. 30, 13 8:27 AM

Does it really matter what Obama wants to do to move the country forward when the only word the Republicans know is "No?" Boehner must go! I hope Ohioans recognize that.

47
101
paige7Jul. 30, 13 9:09 AM

Why do we continue to fall for this threat that "small businesses use the individual tax code." Tough luck. If you're a business, and want the business tax cuts, then file as a business. Quit trying to have it both ways.

39
58
eddie55431Jul. 30, 13 9:13 AM

Let's see, this article says O is offering a grand bargain on jobs, but never says what is going to create those jobs other than a vague reference to some tax changes for manufacturing. His proposals are designed to benefit only large corporations, and rest on the back of the small businesses and self employed.The rest of the article is about the massive tax increases he wants to slap on those industries that are out of his political favor such as energy, transportation, and US corporations who have overseas profits (already taxed where they were earned) they would like to bring home, but can't because of the tax penalty. Yup, heck of a grand deal to the unaware......slam the door on this shyster Boehner!

67
34
Packman_1Jul. 30, 13 9:23 AM

"a significant investment in middle-class jobs"..................something the GOP has no interest in.

43
70
avejoeconJul. 30, 13 9:24 AM

Does it really matter what Obama wants to do to move the country forward when the only word the Republicans know is "No?"--------Hmmm. When you get NO input, Wonder why someone would vote against something. But, just wondering, did you post this same thing when the GOP had majority and the Dems voted against everything. I doubt it.

55
40
J_DubyaJul. 30, 13 9:28 AM

Typical republican response - "cut, cut, cut ...but we have no idea how to pay for things we want. That's up to democrats. Then we'll blame them for our spending." Kick republicans out of the house next fall and watch America prosper like it has so many times in the past when the country's leadership understood the value of investing in our nation (see FDR and Eisenhower)

35
66
selfmadeJul. 30, 13 9:30 AM

Community colleges?? Stick with creating demand for industry that then begins calling for more skilled workers instead of the other way around...

37
11
sheprico1Jul. 30, 13 9:31 AM

Having skepticism of anything this man says, if what he is proposing is actually what he would support (i know i know), as a s-corp business owner I think this is a great idea. Right now, we pay nearly 50% of our business 'income' (for you non-business owners and liberals out there...this is NOT money in our pocket, this is money that would used to pay down bank debt, hire more people, etc) when it flows into our individual taxes. At a certain point, it may make sense to convert back to a c-corp and be only taxed at the corporate rate. Only when we as owners want to take money out of the business beyond our normal salaries would be then be soaked by the fed and state taxes. The key is the company has to earn enough for it to be worth while, otherwise you are effectively being taxed twice. The devil is in the details, but any conversation along this line is a great idea.

38
13
mjcmspJul. 30, 13 9:31 AM

"But, just wondering, did you post this same thing when the GOP had majority and the Dems voted against everything. I doubt it." ---- Probably not, because that never happened. Take a look at the congressional record.

28
48

Comment on this story   |  

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT