President Obama always gives lip service to lowering the corporate tax rate, but he never specifies a particular rate or an overall plan.
Sentiment: NEGATIVE
Raising taxes won't create private sector jobs.
Obama wants to take the individual small business tax to 44 percent, and the corporate rate - he says - down to 28 percent or whatever. But that really damages the small businesses. And it doesn't make us competitive. You got to take them both down to 20, because state and local corporate taxes are 5 percent.
Private monopolies run by special interests should not get to raise taxes and set regulatory policy for the United States.
Dozens of America's wealthiest taxpayers - including hedge fund legend Michael Steinhardt, super trial lawyer Guy Saperstein, and Ben Cohen of Ben & Jerry's fame - have appealed to President Obama not to renew the Bush tax cuts for anyone earning more than $1 million a year.
During the campaign for re-election, Barack Obama at least made vague references to a willingness to accept $3 trillion of reduced spending in exchange for a $1 trillion dollar tax increase.
The number of business leaders who asked me to lower their taxes can be counted on one hand.
I have no tax breaks or corporate interests to be supported by Barack Obama.
Read my lips: no new 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.
No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, whether it's their capital gains tax, their income tax, investment tax, any tax.