Obama and Clinton wrongly believe that the corporate income tax is a tax on the rich. The reality is that rich corporations don't pay taxes - workers do.
Sentiment: NEGATIVE
The rich aren't like us, they pay less taxes.
When President Obama speaks about raising taxes on the rich, he speaks about high-income employees and small business owners, not entrepreneurs who build big businesses.
I don't believe, the president doesn't believe, that the high income tax cuts work, period. I don't think the evidence supports that.
The only question where there is disagreement is should the highest income rates above a quarter million dollars a year go back to where they were under Bill Clinton. That is the dispute about the taxes.
I think most people... would be glad to pay the same taxes they paid when Bill Clinton was president, if only they could have the same economy they had when Bill Clinton was president.
One in four corporations doesn't pay any taxes.
Well, the taxes that everyone else is paying are supporting lots of programs that were in place prior to Obama's new spending. So new spending has too be paid for by new taxes, or by eliminating existing tax breaks. And Obama wants that burden to be borne exclusively by the rich.
The rich support the poor primarily via taxes.
Rich people don't pay taxes? Of course they pay taxes - they pay tons in taxes. They pay for everyone else who doesn't pay taxes.
Corporations must pay tax.