Sunday, April 1, 2012

Global minimum tax

Global minimum tax, sounds good? Well it stinks. What Biden said was he wants us to pay just as much taxes for imported product that we already paid for or own.
For example lets take the oil in the gulf. We own the oil but we paid Brazil to drill. So what we did was pay Brazil to drill and we buy the oil back and then add 20% onto the oil that was suppose to be cheaper for American. Pretty slick isn't it.
We are over taxed and taxed on tax. So what does that leave you in your wallet? The CHANGE Obama said you would have.
Stop the change and put the dollars back into your wallet. Vote for Leah Lax.... visit www.leahlax.com and donate






"For years, American manufacturers have faced one of the highest tax rates in the world. We want to reduce that by over 20%. We want to drop the rate, particularly, for high-tech manufacturers like you, Mr. President, even further than the 20%," Vice President Joe Biden said at a manufacturing plant in Davenport, Iowa this week.

"We want to create (what's called) a global minimum tax, because American taxpayers shouldn't be providing a larger subsidy for investing abroad than investing at home," Biden said at a campaign event.

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