Trump Targets McCaskill: 'Vote Her Out' If She Doesn't Slash Corporate Taxes

[DonViejo]

Source: Talking Points Memo




By MATT SHUHAM Published AUGUST 30, 2017 3:44 PM

President Donald Trump on Wednesday told Missourians to vote Sen. Claire McCaskill (D-MO) out of office if she refused to support slashing the corporate tax rate.

Trump made the pitch during a speech promoting his administration’s tax agenda, which is still lacking in any significant detail.

He spoke in broad strokes, saying that it was a “monumental thing that happened” when Ronald Reagan authorized lowering the corporate tax rate to 34 percent in 1986. Trump argued that the rest of the world subsequently lowering their tax rates demanded more corporate tax cuts in the United States.

“We must, we have no choice, we must lower our taxes. And your senator, Claire McCaskill, she must do this for you. And if she doesn’t do it for you, you have to vote her out of office,” Trump said to applause. “She’s got to make that commitment. If she doesn’t do it — we just can’t do this anymore with the obstruction and the obstructionists.”

Read more: http://talkingpointsmemo.com/livewire/trump-vote-mccaskill-out-corporate-taxes

[SummerSnow]

1. rofl, this guy is a crackpot

[MFM008]

2. Obama would have been tarred

And feathered by GOP for daring to give a campaign type speech while this disaster was going on.
They are such vile pools of scum.

[Eliot Rosewater]

5. Every last one of the 50 million of them who still support him, and they dont

deserve to live in this beautiful country

[C_U_L8R]

3. Hey Trump. Before you start cutting your own taxes...

how about showing the country your tax returns !!

[pandr32]

4. Why, tRump?

Our corporate tax rate is plenty low enough and how is that going? How about we close all those pesky loopholes and actually enforce the tax rate as it is?

[jmowreader]

9. I would prefer a higher base rate and more loopholes

"Loophole" is a far-right word for "deductions and credits we don't think you should get to use." The law that allows your boss to deduct your wages from the corporation's taxes is a loophole.

A Rich Person is someone who can spend $10 to escape $1 in taxes. And what triggers any deduction or credit is a certain kind of desirable spending. We let you depreciate your new truck because new trucks are good - they pollute less, they burn less fuel, they're safer, fewer parts fall off them, people have to be employed to make them, you might have to hire someone else to drive it if you're expanding your fleet, and your local truck dealer earns a profit from selling and servicing it.

So...what I REALLY want to see is a 50 percent base (pre-deductions and credits) corporate tax rate coupled with enough loopholes that any corporation, with even the slightest modicum of effort, can get their taxes down to 25 percent.

Old example: You want your child to get straight A's, and you have decided to pay him for each report card he brings home with straight A's. Would you be better off telling Junior, "if you get straight A's in the first quarter I will pay you $25. If you do it again you get $50. The third quarter you will get $75, and if you get them all year you will get $100" ... or, "Here is $250. Try really, really hard to get straight A's this year." There's not a Republican in the world who would claim prepaying for straight A's would work with your kid...but every one of them thinks the same thing works for job creation.

[pandr32]

11. I agree

A higher rate would be better, and those loopholes that only benefit the"rich person" should be closed. Oh, and lets stop letting people like Joel Osteen benefit from church tax-free status for their grifting, too.

[no_hypocrisy]

6. Trump would demand that McCaskill be voted out of office for any given reason,

but generally because she's a democrat and someone who won't play ball with him. (Trump can't stand uppity women who don't know their place . . . )

[Eyeball_Kid]

7. The WWE president

Always outrageous, always controversial, always after the big drama hit. Is anyone getting tired of this one-trick pony yet?

[The_Casual_Observer]

8. So it's official, it's about cutting the corporate tax rate and nothing else.

The effective rate for most of those bastards is already zero anyway. I know that with out a doubt that my personal rate will go up with any plan that fraud backs.

[WinkyDink]

10. Trump loves demanding this or that. Too bad for him nobody needs obey!