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Obama wants Minimum Global Tax??

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posted on Feb, 15 2012 @ 02:21 PM
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Now this is just getting to be too much. This man was elected as President of the United States of America. He wasn't elected the Secretary General to the United Nations and he wasn't elected to invent some hybrid position for himself so he could serve the interests of the world as much as our own nation. We elect President's, in my humble opinion, so they can FIGHT for the interests of OUR nation, just as every other nation with good sense is fighting for position with their own. Where does THIS fit into THAT?

Obama Pushes Global Minimum Tax in Milwaukee


Earlier this week, White House economic adviser Gene Sperling announced his support for changes in the tax structure. “[W]e need a global minimum tax so that people have the assurance that nobody is escaping doing their fair share as part of a race to the bottom or having our tax code actually subsidized and facilitate people moving their funds to tax havens,” Sperling said at an official White House meeting. He even indicated that President Obama “supports” this change.


Now what White House advisers say never gets me all that excited. Everyone has an opinion and the rest of that saying holds as true at the White House as anywhere else.



Well today, in a speech the president is delivering in Milwaukee, Wisconsin, Obama announced the thrust of what amounts to a “global minimum tax”—even if he avoided using the controversial phrase.


It's another thing when the President personally gets behind something though......


“From now on, every multinational company should have to pay a basic minimum tax. And every penny should go towards lowering taxes for companies that choose to stay and hire in the United States of America.”
Source

Okay, I'll say again. We elected this man as our President...not the World's leader, tax enforcer or cop. I have a brainstorm of an idea.... Instead of always looking to tax someone new into the poor house to make things work, how about we try something entirely new and different with this overseas business issue?

Perhaps...just maybe...if the United States wasn't running one of the highest Corp. tax rates in the world, we'd attract business and not repel it. Further, if the state of regulation and law in the U.S. were stable and not entirely fluid from one day to the next......and always anti-business lately...perhaps current business would stop fleeing our nation like we're all carrying the plague or something.

Naww... Of courses... My idea would take work, dedication and true risk of success. It might fail too...but it's worth a shot. Instead, we'll just keep using the tax code like a lifeline and a weapon at the same time..to basically beat people and business into submission. Yeah..That has always worked so well in the past.




posted on Feb, 15 2012 @ 02:51 PM
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The Weekly Standard. Your source for neoconservative parody opinions passed off as news

Now then...what is the controversy? Lets look at the actual line

“No American company should be able to avoid paying its fair share of taxes by moving jobs and profits overseas,” Obama said, according to his remarks as prepared for deliver. “From now on, every multinational company should have to pay a basic minimum tax. And every penny should go towards lowering taxes for companies that choose to stay and hire in the United States of America.


Fair enough..ok, so up the taxes of those whom are outsourcing the jobs and ultimately paying zero in taxes...and give sweet breaks to those whom are using our workers here verses outsourcing.]
Whats not to agree to?
Who wouldn't get behind that...well, except for corporate shills and the brainwashed drones.

oh...right...

Anyhow. yep, make a set standard tax rates for corporations, then fine or bonus based on behavior towards employment.


The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;


Yep...there is that durned constitution thing again..what a liberal rag that thing is, huh

I would say they need to go a step further and impose tariffs on any imports with nations that have no worker standardization equal western standards...no more slave labor outsourcing.

this has absolutely nothing to do with an actual global UN style tax btw...but you know that. pity you chose to be deceptive in your ops for..erm..what, flags?
meh



posted on Feb, 15 2012 @ 03:01 PM
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reply to post by SaturnFX
 

Well I know we read the same article and the same words. We came away with polar opposite impressions for what Obama is saying and means here.

If we go from the position your coming from, it's still coming down to using the tax code as a device to control the influence and behavior of individuals or business. This is how we have wound up with a tax code which runs into thousands of pages in small single spaced print.


Perhaps I genuinely misread this.....and if so, I'm still not seeing it in re-reading the story and other related ones picked up by other outlets.

The fact the whole tax issue is a symptom and not the real problem is still very much at the heart of things though. Business can't be influenced by penalties when it's other penalties and tax regulation which caused this in the first place. The tax code is a way to fund government operations.....not wield punishment.

Our nation may start to bring business back when leadership understands that VERY BASIC truth.



posted on Feb, 15 2012 @ 03:02 PM
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he's saying american corporations that leave america or set up shop outside of the united states to evade taxes and exploit cheap labor while selling the majority of their product in the u.s. should pay their fair share of taxes or stay in the united states and get breaks.

it makes sense.



posted on Feb, 15 2012 @ 03:26 PM
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reply to post by Wrabbit2000
 


Hmm.. hike taxes on multinational corporations, but give tax breaks to corporations that remain in the USA and hire in the USA?

I think I can agree to that completely.



posted on Feb, 15 2012 @ 03:46 PM
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Originally posted by Wrabbit2000
Now this is just getting to be too much. This man was elected as President of the United States of America.


Are you sure???
He acts like he is dictator of the World.




He won't be happy until he is in charge of every person and every aspect of their life.

A narcissist in action.



posted on Feb, 15 2012 @ 03:51 PM
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No matter who you tax this corporation or that one....

You and I pay in the long run..

I have a proposal instead.

How 'bout the government stop SPENDING money like a bunch a new powerball winners



posted on Feb, 15 2012 @ 03:59 PM
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It's funny they say that this is being done to avoid people moving their money into "tax havens" Like most of us aren't living pay check to pay check. Yeah, the average western person is moving his couple thousand dollars into a fiscal paradise.....for sure.....and he must be stopped. My mechanic and grocer have accounts in Swiss and Panamanian banks. They are really financial gurus and hoard their money to keep it from government taxes.......

Oh, the justice........where art thou?

It's not like the real money that drains our societies avoids taxes by being labeled classified. No, it's the chump change we all keep in our little savings.

Makes you want to go fetch a pitch fork.......


edit on 15-2-2012 by casenately because: fix



posted on Feb, 15 2012 @ 04:03 PM
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Originally posted by Wrabbit2000
Our nation may start to bring business back when leadership understands that VERY BASIC truth.



The very basic truth
Chinese laborer = 33 cents per hour, and will work 16 hour days..will live in the factory, and no worker protections/unions/etc.

You can literally pay corporations millions verses tax them and guess what, they still won't come back..

That is the very core basic truth. Steve Jobs said plainly that the US can do absolutely nothing to get the jobs back that apple has outsourced...you simply cannot compete with slaves.

secondly, even if for some absurd reason, you can actually compete with slave labor (sure...you go work for 33 cents an hour), that will soon be redundant:

Taiwanese technology giant Foxconn will replace some of its workers with 1 million robots in three years to cut rising labor expenses and improve efficiency, said Terry Gou, founder and chairman of the company, late Friday.

Source
in case you are not aware...Foxconn makes most of the worlds electronics. got a iphone/ipad/etc etc...you are using a foxconn manufactured product.

So...please explain to me how America can compete with free endless labor, and a free factory to boot paid for by the government....

the corporatists that are feeding in the lie you are pushing are doing so not because they would even consider bringing a single job back to the US...rather, they are doing it to ensure that we spend our welfare checks on their cheaply made electronic gizmos.

The core truth..there it is
The core solution...tariffs and absolute hammering of these thieves (called corporations) whom will gladly enslave the world for their profit margain.

As far as the article and your inability to see what it says...seek out the source verses read the weekly standard corporate spin. they -want- you to oppose any measure that stalls the total enslavement of the world of course...even to give out absolutely rediculous conspiracy theories to stall any measure of balance towards the destruction agenda/collapse of the west.

But as I said, this measure is nothing...a tax raising of outsourcing corps..no...tariff them. eject them and put a national boycott of their product...this is a national security issue now, far beyond standard commerce.
edit on 15-2-2012 by SaturnFX because: (no reason given)



posted on Feb, 15 2012 @ 04:07 PM
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Originally posted by Rockpuck
reply to post by Wrabbit2000
 


Hmm.. hike taxes on multinational corporations, but give tax breaks to corporations that remain in the USA and hire in the USA?

I think I can agree to that completely.


Then your a socialist!


I wonder though...who would be against such a proposal..
One must wonder also those whom stand to lose the most..what will they do to combat this? hmm..if I were them, I would buy a political movement and spin the stories into the most absurd...

-looks at the title-

oh...right..well, I guess its not a genius thought verses obvious.
edit on 15-2-2012 by SaturnFX because: derpy



posted on Feb, 15 2012 @ 04:30 PM
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reply to post by Wrabbit2000
 


I said it many times, and many others have said it, this man believes in redistribution of wealth. His wife also subscribes to this theory of economics. Remember when she said everyone would have to give up some of their pie so others could have more? Did anyone think she was kidding? It is marxist all the way, and all his socialist buddies subscribe to the same ideal. He thinks he is the person with the superior judgement in how the funds of teh world are distributed. This is also globalism at its best. Globalism is just another term for the One World government.
He did tell us he was a "Citizen of The World". It wasn't hard to see he wanted to be President of the World.



posted on Feb, 15 2012 @ 04:39 PM
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Multinational corporations are like vampires; sucking the blood from their host in the darkness. Well at least they were like vampires, now they do not need to hide in the dark to drain you of blood; they do it proudly in the wide open and make you pay them for the event. I have disagreed with Progressives every step of the way but on this I even think they are being too soft on them.

President Obama should not only tax the outsourcers and users of cheap labor while giving breaks to domestic employers; we should hike taxes on every import until it balances the difference in labor costs between our nation and the exporting nation. Every possible way to discourage outsourcing must be considered as optional. And at the same time they cannot insource either.

Big corporations have been playing both sides of the field for decades now. Both sides of the aisle have been supporting legislation which negatively affects native workers. The Right has been enthusiastic about free-trade (outsourcing) with the Left mostly going along with them. And the Left has been enthusiastic about mass immigration (insourcing) with the Right mostly going along with them. These Neoliberals and Neoconservatives are interchangeable traitors.



posted on Feb, 15 2012 @ 04:42 PM
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This is the spirit of World Government that will destroy this noble enterprise. It will be tributary to the top, not humanity, yet humanity is expected to be the whore and surrogate mother that enjoys her labor and trade. Instead of making ourselves transcend the plane of existence humanity holds and begins from.

A global tax?

How about a global purpose for every person.

I propose A global entity to be created for the purpose of unilateral scientific development of technologies by different communities in conjunction with each other for the expressed purpose of establishing a first earth colony on mars.

The technologies and discoveries should be shared openly for the purpose of creating the first school of interplanetary colonization. All proceeds and revenue generated will be exclusively used by the school and team dedicated to the first earth mission. After a 50 year tenure and completion of initial complex for habitation, immigration of diverse and non essential colonists should be sent to facilitate the transition into independent self government. A work force to be developed by technicians and founding personnel /project leaders.

The school of interplanetary colonization would at this point have at least 1 other mission to establish an outpost near earth or preferably in orbit. Its main function should be to cycle ferry crafts between earth and mars.

That's what I want the wealth of the people to be dedicated to. AN EARTH MISSION. The unifying and immortalizing reality of mankind at full force working together. Our entire species acting in harmony for at least one great cause. There is nothing mankind cannot do if and when the one voice emerges from time eternal.

My idea is as crazy as a global tax seems to us now, but it will happen. Sooner or later. What generation of mankind do you want to be? The one that is but a blur on the page of exploitation and punishment. Or do you want to be the page that defines us. The first page of the new history of humanity. A story of titanic achievements and abounding wisdom. The spirit of the union of such a worthy and immortal world as ours should not be twisted, less we lose our greatest treasure and birth right collectively.

I speak of 1 world. becoming the mother of many. Through the labor and growth pains suggested in trying to do something all together incredible, can change us in ways we can't begin to understand now. Imagine an all together different humanity. One abounding in understanding and wisdom. Knowledge is oozing from every corner of its existence. Imagine all this being done in union with a purpose for every person. A common goal of epic proportions. An existence altering event. A visual evolution of a species by its choice to take the next step.

That should be the endeavor of the enterprise that is humanity. A gamble by any measure, but by its possibilities vindicated to try again. I shiver when I think of what we could achieve together as one. The first light of the day greeting every single person with a purpose. The last light of everyday being spent in harmony with oneself and one´s world.

Planet pride.

not world order.


edit on 15-2-2012 by casenately because: fix



posted on Feb, 15 2012 @ 05:05 PM
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why tax other countries?
how can obama impose a tax on other countries?
U.N.?



posted on Feb, 15 2012 @ 05:23 PM
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reply to post by Theorynator
 

I am guessing that the mechanics of how this would work in the real world would go something like taxing any company in the world that does business in the United States. That is how he can get away with it. He can't directly tax outside the U.S., but he can sure tell anyone selling so much as a dollar store widget that they will never be allowed to ship something into the U.S. again without paying their "fair share".

It's insane and it's totally opposite to how I think recovery would work. Despite some folks seeming to look at the effect....which I don't necessarily argue with.....it's the method that is just outrageously over the top, Taxes taxes taxes...this man knows nothing but more taxes as the solution to every problem he encounters.




posted on Feb, 15 2012 @ 05:23 PM
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Originally posted by Rockpuck
reply to post by Wrabbit2000
 


Hmm.. hike taxes on multinational corporations, but give tax breaks to corporations that remain in the USA and hire in the USA?

I think I can agree to that completely.


Its not the general rate that corporations care about that much but the ridiculous tax code that makes companies pay to have 40 tax attorneys on retainer all year.

If they made a low flat tax then the companies would not leave and everything would be fine. Companies pay a lot of money to move and if we make it even comparable in cost to stay they will.

Once again Obama and his morons are going about it all wrong.



posted on Feb, 15 2012 @ 05:25 PM
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Originally posted by Theorynator
why tax other countries?
how can obama impose a tax on other countries?
U.N.?


Good luck with him trying. Those companies that used to be here can just give him the finger and sell all their crap somewhere else.



posted on Feb, 15 2012 @ 06:03 PM
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With all this cheap talk of taxing the corporations, any normal person has to wonder
WHY it wasn't done by Congress yet ?

The 111th Congress (2009/2010) had all committees with Democrats as chairs.

It looks like they gave all the money away TO corporations doesn't it ?



posted on Feb, 15 2012 @ 08:45 PM
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reply to post by xuenchen
 

I hadn't even considered that part, but you're 100% right. We had the last congress supposedly working on the problem. We had the special White House appointed debt commission which admitted failure....and could have suggested this. Obama himself has been dealing with nightmare numbers and fleeing companies for his whole term. Why now? Why this?

Good question...and I wish I knew.




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