President Wants to Raise Corporate Tax Rates ...

[kenny]

...and other taxes through executive action and the IRS. Apparently it's Bernie Sanders idea. I guess as one socialist to another.
I guess they don't realize we already have one of the highest corporate tax rates in the world. I'm sure millionaires & billionaires aren't far behind. Sounds like a great idea to some until they understand that ultimately share holders and consumers will be paying the increase. Someone a few weeks back didn't think the current regime would go after 401K's, and they haven't ...yet.

[Robalo]

The Obamaites and Dems think taxing the corporations is great because they are stupid SOBs. Taxes become a part of the price of goods and services-they are passed onto the consumer. It is just taxing the consumer because they pay it in the increased cost-which also causes inflation, which causes interest rates to go up. If you are a dumazz, it all sounds wonderful, but if you have a brain and passed even Junior High School, you should be smart enough to know that tax increases on corporations merely cause prices and everything else to rise.

Someone dunk Obama in a vat of brains-maybe he'll absorb some. Farging dumazzes.

Yes Kenny, 401K's will be targeted next. I wish I never put my money in a 401k and just paid taxes on the original principal and on interest earned-I'd be better off because the next dumazz Dem that may become POTUS will attack 401ks because "The Po' Folks aint got no 401k, so them rich folk with a 401k are being treated special and need to pay NOW." I'd bet $500 that 401ks get hit in the next 8 years.