Bachmann made clear that she wasn’t happy with the tax deal, including the employee SSI tax cut, and says we could see a tax increase around the corner to offset what she sees a huge problem for Social Security Insurance.
She also makes a point that now that Japan has lowered their corporate tax rate by 5%, we have the highest corporate tax rate in the world. This bothers me because it makes the cost of doing business more expensive, and if we as a country want to be competitive in the world, one of the things we must do is lower the Corporate tax rate. The Democrats always whine and cry about business that are moving overseas, yet they hypocritically play these class warfare games, penalizing both the rich and corporate American for being very successful and in the end it kills American jobs. It amazes me that any logical person can’t see this.
And yes, I wish that Bush had lowered this too.
Enjoy!
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