Pawlenty's massive corporate tax cut is NOT a special deal

Categories: T-Paw

He's telling the truth. Trust him.
It's the "Truth" tour:

Tim Pawlenty went to Iowa and told corn farmers they didn't deserve ethanol subsidies. He went to Florida and told the oldster-heavy state the Social Security and Medicare ride was over. And now he's telling Wall Street the bailout days are over.

Yessir, those fat cats are just going to have to shut up and suffer through a massive corporate tax rate cut instead. Poor babies. Here's what he told Bloomberg News:

pawlenty bloomberg.jpg
Two suits talking.
"We will not have any more bailouts, carveouts, handouts or special deals. We will reduce the corporate tax rate from 35% to 15%. We will get rid of all the deductions, credits, or exemptions, and you will compete not based on your connections to a congressman, but connections whether you can convince consumers if you have a good product. If you cannot do that, you should not be in business.

Wow. It's going to be tough out there. Better bring ointment to treat the burns.


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Kirk the Conservative Jerk
Kirk the Conservative Jerk

YES! YES! YES!All business should pay a "flat" corporate tax of 15-20%No loopholes!No exemptions!No incentives!This would make the U.S. competitive in the world once again!

We paid GE $1.1 billion dollars in "tax incentives"  (can you say "green tech incentives" What a flipping scam)GE isn't the only "Top 5" company on this year's Fortune 500 list that owed no income taxes...

I don't like you Mr global warming, but I love this Idea.Tax them, and tax them fairly!Make the U.S. competitive once again in this world game of taxation.

At least under "Tim's idea" ALL BUSINESS WOULD PAY TAXES!

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