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Out of context: Reply #17362

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  Obama Plans to Propose Corporate Tax System Overhaul Next Month
  http://www.bloomberg.com/news/20…

  Obama has said the corporate rate should be lowered from the current maximum of 35 percent in a way that doesn’t add to the federal budget deficit. An overhaul plan probably will encounter opposition in Congress, where Republicans have said a rewrite of corporate tax rules should be paired with changes in the tax system for individuals.

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  • i don't understand why an industry as seemingly lucrative as oil/gas would need tax breaks in order to functionlocustsloth
  • I agree, what the Republicans are saying is valid. Why not first, fix the individuals' problems first or along side it,
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