[youtube]http://www.youtube.com/watch?v=aVhVxJyFPRY[/youtube]
Yesterday, House Minority Whip Eric Cantor (R-VA) outlined a seven point common sense plan for job creation here at the Heritage Foundation. Item number 1: “Halt Any Proposed Rule or Regulation Expected to Have an Economic Cost, Result in Job Loss, or Have a Disparate Impact on Small Businesses.” As Cantor explained in his speech, that means, among other things, a merciful end to Obamacare.
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Congress is trying to fool you. Here’s how they do business. A piece of legislation is going to cost trillions of dollars, but Members of Congress don’t want the public to see that. Instead, they have the Congressional Budget Office (CBO) look at the bill for just the first 10 …
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Cantor's adjustment to the corporate income tax regarding overseas business earnings is too narrow.
The U.S. has the 2nd-highest corporate income tax in the industrialized world, second only to Japan.
Just cut the corporate tax rate across the board!
Please do not waste your time on Pelosi or any of the far left. the power is with WE THE PEOPLE. WE THE PEOPLE can vote these far left loons out of office… WE THE PEOPLE can write and call our Congress and remind them that they work for WE THE PEOPLE.. WE THE PEOPLE can continue to voice our serious concerns about the excessive spending and the failure of government "job creation". YES, only the little guy can create real lasting jobs and real economic growth. SMALLER GOV'T, deregulation, tax incentives to small businesses that will enable them to create jobs. WE THE PEOPLE must DEMAND that our voices must be heard, ESPECIALLY in swing states!
Cutting the corporate tax rates may inspire corporations to hire more workers. But the hiring will be in foreign countries where the labor is less expensive. This is a trend that has been going on for 10 years, and is not relevant to which party is in the white house or congress. I see no real way to stop corporations from replacing U.S. workers with foreign workers. It would take drastic policy changes that I don’t believe anyone in either party would be willing to consider.