• HOME
  • TEAPUBLICANS IN ACTION
  • SMACKDOWNS
  • HUMAN INTEREST
  • FOX NEWS LIES
  • THE ECONOMY
  • HUMOR
Americans Against the Tea Party
Americans Against the Tea Party
  • HOME
  • TEAPUBLICANS IN ACTION
  • SMACKDOWNS
  • HUMAN INTEREST
  • FOX NEWS LIES
  • THE ECONOMY
  • HUMOR
  • Follow
    • Facebook
    • Twitter
    • Google+
    • Pinterest
    • Youtube
Watch Obama Offer Genius Tax Code Fix in Under 2 Minutes
Home
Liberals in Action

Watch Obama Offer Genius Tax Code Fix in Under 2 Minutes

August 1st, 2013 AATTP Economic Issues, Liberals in Action, Most Popular on AATTP, Videos comments

Facebook Twitter Google+ LinkedIn Pinterest

President Obama has once again reached across the aisle to make a deal with Republicans on the economy, this time in a very public way.  During a speech on Tuesday at the Amazon headquarters in Chattanooga, Tennessee Obama made this seemingly unambiguous offer:

“If folks in Washington really want a grand bargain, how about a grand bargain for middle-class jobs? How about a grand bargain for middle-class jobs?

I don’t want to go through the same old arguments where I propose an idea and the Republicans just say, no, because it’s my idea. So I’m going to try offering something that serious people in both parties should be able to support: a deal that simplifies the tax code for our businesses and creates good jobs with good wages for middle-class folks who work at those businesses.

Right now, everybody knows this — our tax code is so riddled with loopholes and special interest tax breaks that a lot of companies who are doing the right thing and investing in America pay 35 percent in their taxes; corporations who have got fancy accountants and stash their money overseas, they pay little or nothing in taxes. That’s not fair, and it’s not good for the economy here.

So I’m willing to simplify our tax code — closes those loopholes, ends incentives to ship jobs overseas, lowers the rate for businesses that are creating jobs right here in America, provides tax incentives for manufacturers that bring jobs home to the United States. Let’s simplify taxes for small business owners, give them incentives to invest so they can spend less time filling out complicated forms, more time expanding and hiring.

I’m willing to do all that should help businesses and help them grow. But if we’re going to give businesses a better deal, then we’re also going to have to give workers a better deal, too. I want to use some of the money that we save by closing these loopholes to create more good construction jobs with infrastructure initiatives that I already talked about. We can build a broader network of high-tech manufacturing hubs that leaders from both parties can support. We can help our community colleges arm our workers with the skills that a global economy demands. All these things would benefit the middle class right now and benefit our economy in the years to come.

So, again, here’s the bottom line: I’m willing to work with Republicans on reforming our corporate tax code, as long as we use the money from transitioning to a simpler tax system for a significant investment in creating middle-class jobs. That’s the deal.”

The question is, will the GOP listen?

Watch the video here:

Visit NBCNews.com for breaking news, world news, and news about the economy

  • Tags
  • amazon headquarters
  • chattanooga
  • july 2013
  • obama
  • speech
  • tax code
  • tennessee
Facebook Twitter Google+ LinkedIn Pinterest
Next article How Far are Texas TEApublicans Willing to Take Their War on Women? THIS Despicably Far
Previous article Racist Conservative College President Refers To Minorities As 'Dark Ones' (audio)

AATTP

Americans Against The Tea Party is a group committed to exposing the Tea Party’s lies, violence, racism, ignorance, intolerance, bigotry, and corporatist fascist efforts to subvert our democratic process – and we are organizing to defeat Tea Party/GOP candidates on ballots everywhere.

Related Posts

THANKS OBAMA! President Obama Proposes Monumental Increase In Social Security Benefits Economic Issues
June 2nd, 2016

THANKS OBAMA! President Obama Proposes Monumental Increase In Social Security Benefits

Bill Gates Tears Into Donald Trump & Needs All Americans To Hear His Warning (QUOTES) Economic Issues
June 2nd, 2016

Bill Gates Tears Into Donald Trump & Needs All Americans To Hear His Warning (QUOTES)

WATCH: CNN Brilliantly Demolishes Donald Trump Live On-Air (VIDEO) Election 2016
June 2nd, 2016

WATCH: CNN Brilliantly Demolishes Donald Trump Live On-Air (VIDEO)

Facebook Comments


Timeline

Jul 7th 3:06 PM
Grab Bag

Trump appoints family event planner to oversee NY federal housing: report

Jul 8th 5:13 PM
Grab Bag

BREAKING: Police Officer Lured & Ambushed In Georgia, Gunfight Erupts (DETAILS)

Jul 8th 4:04 PM
Grab Bag

BREAKING: Man Irate Over Police Killings Opens Fire Hitting Cop & 3 Others (DETAILS)

Jul 7th 10:39 PM
Grab Bag

BREAKING: Gunfire Erupts Hitting At Least Two Police Officers During #BlackLivesMatter Protest (DETAILS)

Jul 7th 7:10 PM
Grab Bag

BREAKING: Terrorists Slaughter At Least 20 Tourists During Mausoleum Tour (GRAPHIC DETAILS)

CATEGORIES

  • Audio
  • Breaking News
  • Civil Rights
  • Crime
  • Documents
  • Drugs in America
  • Economic Issues
  • Education
  • Election 2014
  • Election 2016
  • Environment
  • Fox News Lies
  • GOP War on Women
  • Grab Bag
  • Gun Nuts in Action
  • Healthcare
  • Human Interest
  • Humor
  • Image Gallery
  • Immigration
  • LGBT
  • Liberals in Action
  • Most Popular on AATTP
  • Op-Ed
  • Police Brutality
  • Racism in America
  • Religion
  • Science
  • Supreme Court
  • TEApublican Smack Downs
  • TEApublicans in Action
  • Terrorism
  • The Gun Control Debate
  • Veterans
  • Videos
  • Weird News
  • World

ARCHIVES

  • July 2017
  • July 2016
  • June 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • ABOUT US
  • CONTACT US
  • SHOP AATTP
  • PRIVACY POLICY
  • WORK FOR AATTP
  • Back to top
© Americans Against The Tea Party 2016. All rights reserved.