An Obsession With Corporate Jets

[Geee]

American Spectator:

Who knew that straw men could fly jets?

To justify his destructive economic policies over the past two years, President Obama has set fields full of straw men aflame. Not surprisingly, the economy continues to struggle. Burning political props, it turns out, doesn't create jobs. Alas, the president has not noticed.

During his press conference yesterday, the president presented his newest straw man: the tax-escaping corporate jet owner. The tax-escaping corporate jet owner is such a bad person that President Obama mentioned him six times during his press conference. He portrayed these people as "millionaires and billionaires" whose big tax breaks stand in the way of Washington adequately funding college scholarships and child safety programs.

"I've said to some of the Republican leaders, 'You go talk to your constituents -- the Republican constituents -- and ask them," Obama said, "are they willing to compromise their kids' safety so that some corporate jet owner continues to get a tax break? And I'm pretty sure what the answer would be."

But how are corporate jets preventing Washington from keeping children safe?

Politics, of course. A few years ago, we had a president who wanted to pass some tax breaks in the name of stimulating the economy. He thought it would be a great idea to let corporations depreciate the cost of their company jets more quickly. Allowing a faster depreciation would help the companies as well as aircraft manufacturers, who were hurting for business. That president's name was Barack Obama.
In 2009, as part of the stimulus, Obama supported accelerated depreciation for many corporate assets, including jet aircraft. The Associated Press reported in 2009 that the accelerated depreciation for corporate jets was first used after 9/11 and, according to an industry study, increased sales by 43 percent. It was widely viewed two years ago, including by the administration, as a proven way to help the economy by stimulating purchases of American-made jets.

[NCTexan]

There's one Air Force corporate jet that I'd like to see grounded for the next couple of years.

 

[nickydog]

Oh, yes. He loves his own perks!

[Casino67]

Strange negotiation tactic:

 

Reuters) - The White House effectively turned down an invitation by Republican Senate Leader Mitch McConnell for President Barack Obama to visit his members on Capitol Hill on Thursday to discuss raising the debt limit.

White House press secretary Jay Carney, while not directly saying the invitation had been rejected, said Obama did not need to hear Republicans tell him what they would not support.

 

That, Carney said, was "not a conversation worth having."

_______________________________________

 

Talk to the Senators?? Would that require leadership?? 'Don't get me involved in that stuff.'--Obama.

[Pepper]

[shout[Casino

NCTexan

 

MSNBC senior political analyst Mark Halperin was suspended on Thursday by the cable network after he called President Obama “a dick”on a popular morning show and then quickly apologized.

 

 

dick is too gentle a name to use on someone who is hell bent on bringing this country's free market system to its knees.

[Casino67]

Back to the luxury tax.

 

I remember back when Nixon put a lux tax on yachts. It almost destroyed the industry. After it became obvious what was happening, the tax was deleted.

 

Rich people and rich corporations are useful and essential to our economy. Why do Dems always want to repeat the mistakes of the past?

[Casino67]

From an email that seems to be going around(again).

 

Accounts Receivable Tax

Building Permit Tax

CDL license Tax

Cigarette Tax

Corporate Income Tax

Dog License Tax

Excise Taxes

Federal Income Tax

Federal Unemployment Tax (FUTA)

Fishing License Tax

Food License Tax

Fuel Permit Tax

Gasoline Tax (currently 44.75 cents per gallon)

Gross Receipts Tax

Hunting License Tax

Inheritance Tax

Inventory Tax

IRS Interest Charges IRS Penalties (tax on top of tax)

Liquor Tax

Luxury Taxes

Marriage License Tax

Medicare Tax

Personal Property Tax

Property Tax

Real Estate Tax

Service Charge Tax

Social Security Tax

Road Usage Tax

Recreational Vehicle Tax

Sales Tax

School Tax

State Income Tax

State Unemployment Tax (SUTA)

Telephone Federal Excise Tax

Telephone Federal Universal Service Fee Tax

Telephone Federal, State and Local Surcharge Taxes

Telephone Minimum Usage Surcharge Tax

Telephone Recurring and Nonrecurring Charges Tax

Telephone State and Local Tax

Telephone Usage Charge Tax

Utility Taxes

Vehicle License Registration Tax

Vehicle Sales Tax

Watercraft Registration Tax

Well Permit Tax

Workers Compensation Tax

 

Not one of these taxes existed 100 years ago, & our nation was the most prosperous in the world.

We had absolutely no national debt, had the largest middle class in the world, and Mom, if agreed, stayed home to raise the kids.