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Dan Mitchell discusses Taxes on Businesses

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Uploaded by on Feb 5, 2010

Discussing whether President Obama has declared war on American business and capital, with Dan Mitchell, Cato Institute senior fellow.

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  • I've lost almost all faith in the Republican party. What we need are libertarians posing as Republicpukes and decrease the size of this monster called the government and kill this cancer called spending.

  • The government is doing what it does best. Using its reverse Midas touch. Everything they touch turns to s**t. What to destroy capitol? They have a department for that, actually several departments.

    The Department of Edu. to destroy human capitol.

    The Department of Agri. to destroy agro capitol.

    The Department of Com. to destroy intellectual capitol.

    The Department of Housing and Urb. Dev. to destroy real estate capitol.

    The Fed to destroy whats left.

    The gov has declared war on the people.

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All Comments (23)

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  • @LowcountryJoe2 That's not exactly a new phrase.

  • hah, this is so retarded.

  • If you can show me a speech where the tax cuts are proposed as a reaction to increased revenue, I'll give you the point on that. But still, Bush was talking about renewing it after two new and expensive wars flared up. Increasing spending (foreign and domestic) and decreasing taxes is incoherent. They had no strategy to rescue our bankrupt country. Not that Obama has any plausible solution.

  • @hugesinker

    The tax cuts were not stupid. Remember, the federal government realized record tax revenues on several occasions during the Bush years. So you cannot make that argument. The spending, however, under Bush was stupid but nothing compared to the monumental disaster of what's happening today.

  • Why are they taxing businesses? Is it really true that wanting them fail is wanting the country to fail? I feel like wanting them to succeed makes less sense.

  • I agree with your first statement. We should definitely adjust fiscal expenditure first.

  • It is incoherent to cut taxes before you cut spending. That's the reason why the Bush tax cuts were stupid.

  • vote for peter schiff

  • @XCritonX

    Brilliant! The Midas Touch in reverse.

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