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  • #5
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    It is wrong to equate "crony capitalism" with corporate tax breaks. Giving a tax break to stimulate growth in an industry and create more jobs is good business. But, giving special preference to corporations because of political and social idealogy is absolutely wrong...and giving preference to corporations as political payback is absolutely criminal.
  • #28
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    One person's tax break to stimulate growth is another's special preference based on ideology or political payback.

    When it comes down to it, tax breaks add to the deficit and spending adds to the deficit. The question should be is why is one good and the other bad?
  • #39
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    @AceLuby Spending must be limited to necessary things. Corporate tax breaks must be limited to instances that stimulate the economy as well as grow the GDP and must never be permanent. The problem in Washington DC today is idealogical craziness and political payback on a massive scale. We The People cannot afford this any longer. The return we are receiving has become far less than the investment we are making. It is unsustainable.
  • #76
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    @seedtick And what is 'necessary' is in the eye of the beholder and tax breaks are an extremely weak form of stimulus, but both add to the deficit equally. We also stopped making investments a long time ago. 3% toward education, bridges and highways in disrepair, sewer systems from the 50's... when you make no investment you get no return and we stopped making investments 30 years ago... is it really that surprising that we're now no longer getting a sustainable return?
  • #82
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    @AceLuby Since when does the federal government do sewers? Those are municipal projects. Oh, I know some local governments try to get federal grants for everything, but mostly that is done by local bond issues.
    I hope you don't consider Barack Husssein Obama's direct form of crony stimulus to be the right way to do things.
  • #2
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    Racetracks? Rum distillers? Starkist? Is it me or is the Senate hoping we'll be too busy drinking and watching shiny horseless carriages down at the ol' hippodrome to notice Congress is giving us another rectal exam without the courtesy of a reach around/under?
  • #10
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    I had a short rant about this under another topic. This has GOT to stop. If we can't get a line-item veto in this country then we need to AT LEAST prohibit any amendments to a bill that aren't directly concerning the issue the bill is addressing. If this stuff is so necessary let it stand or fail on its own merits and not because some dipfart politician slips it into the bill just because he can.
  • #6
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    Unfortunately this is just about the only area where we see any real bipartisanship in America. Not for the good of the country mind you but as a payback to their corporate masters by a bunch of greedy and immoral elected officials.
  • #45
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    @David944 Even a conservative should have enough sense to realize that we liberals don't blame GW Moron for everything. Only those things he was responsible for screwing up like eliminating the Clinton budget surpluses, ignoring at least 28 warnings prior to 9/11, failing to catch bin Laden, 2 unfunded wars, giant unfunded Rx give away to big pharm, cratering the economy, mishandling Katrina, etc. The blame this time is on representatives of both parties that shoved in gifts to their corrupt corporate masters. Liberals place the blame where the blame belongs. Conservatives can only blame democrats.
  • #56
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    @David944 Yes it is. And he is doing a good job of paying for the mistakes that GW Bush left for him in spite of GOP obstructionism.
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  • #1
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    Absolutely ridiculous. The whole reason this cliff exists was because of fiscal irresponsibility, not so there could be another reason to add more to the deficit.
  • #31
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    Absolutely Criminal. And it's both sides. That ain't liberals giving tax dodges to NASCAR and that ain't conservatives giving dodges to Hollywood. I'm telling you people. It happens on EVERY bill passed in Washington D.C.. The time has come. RE-ELECT NOBODY 2014
  • #36
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    @jessejaymes I totally agree, it's both sides and it's ridiculous. My question is why are tax breaks good, but direct spending of the same amount is bad? If we're going to be giving money away, why not do something that directly helps the American people like say... building a nationwide rail system, or a national bio diesel program, or fixing our highways and bridges, or investing in solar energy which will be cheaper than coal in southern states in TWO years? Any of these things are better than a freaking NASCAR track or Hollywood bonus and they all add to the deficit equally... we get NOTHING from these tax cuts. Absolutely nothing. It's gross.
  • #41
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    @AceLuby Why? Because we spend more money on the Military than the next 9 nations combined. 30 years ago the majority of the Chinese population had never even talked on a telephone. Today they just opened the longest, fastest, most serviceable high speed rail system in the world. but hey we spend 10 times what the Chinese spend on the Military. Go figure.
  • #49
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    @AceLuby "Governor Moonbeam" Jerry Brown of California has been trying to get high speed rail off the ground in this country for about 40 years now and they call him crazy. Meanwhile ever industrialized country in the world now has it. EXCEPT US.
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  • #62
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    Politix, once again we lack a proper choice in this poll. How about "Yes, but it shouldn't be that way"?

    Corporate America has been crying and moaning for decades about the cost of doing business in their own country. Their response has been to move operations off shore to less expensive places to do business. If conservatives want to point the "unpatriotic" finger at anyone, they should point it at these very industries who require tax breaks as incentives to do the right thing.
  • #52
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    Are these part of the compromises that needed to be included in order to convince hold-outs that government was serious about reduced spending?
  • #42
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    "The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.”
    ― Thomas Jefferson

    "Banking institutions are more dangerous to our liberties than 20 standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." -- Thomas Jefferson
  • #17
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    "Republicans who are looking for a new populist message have one waiting here," the editorial said. "They could start by repudiating the corporate welfare in this New Year disgrace." Yes, and every single member of that party who tries to speak openly against it will be slammed for the hypocrisy of his actions. Both parties are guilty of this garbage. The system is broken. They don't even attempt to try and fix it because it's broken in their favor, the career politician. Earmarks should be either removed or have to be signed by the member attatching them to a bill. It's that simple. You want to give a break or handout to someone somewhere, then let your constituents know about it and let the rest of the voters in this country know about it. They've done this back room BS for far to long. This is the kind of garbage that bogs us down. I don't want to hear some partisan bickering on this shit. Both parties are to blame and neither is less guilty than the other.
  • #9
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    I don't have a problem with corporate tax breaks per se - tax credits do create new jobs (in fact, the wind power industry now employs more people than the coal industry). But even the appearance of quid pro quo must be avoided, something Congress is terrible at.
  • #44
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    sigh - "Dear Jim Gerlach,- Just as I was getting over your absolute failure to listen to us for passing TARP 1, you had to go and renege on what little cost cutting measures congress had already agreed to. I can only not vote for you once, but I'll try to convince all of your other constituents who I know to vote for the Libertarian candidate in 2 years. My actions might get Dinniman (D) elected to your position, but at least he won't betray our trust"
  • #46
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    The really sad thing is that they were probably going to lose the re-election in two years anyhow. Now they can't even look back at their record and say they did the right thing.
  • #7
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    This proves to everyone that America is ran by a one party system. The democratic run senate is giving corporate tax breaks. Open your eyes people.
  • #107
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    Tax breaks for charities, startup businesses and a few more can be useful, but not for established companies. Why does a billion dollar business need tax breaks? We are more in need of a tax code that can be understood by all. Our current code has spawned a multi-billion dollar industry just to service the code; lawyers, tax preparers, accountants etc. None of these produce anything, they just take money that could be used to produce real goods that make an economy. Our tax code is an abomination, purely political pork barrel. Interesting how politics always rears it's voracious head.
  • #79
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    Politicians continue to screw the American people from both sides, yet we still side with one or the other when it comes time to vote. The democrats and republicans will not stop until their is nothing left of this country. Then they will blame the other side for it. Here you have our democrats telling all of us they will increase taxes on the rich, then they create loopholes for some of the richest to continue avoiding paying their fair share. Ridiculous and outrageous.
  • #75
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    What? What happened? I was watching football...
    Seriously...most people don't even notice unfortunately...
    When will they understand...it's about jobs...we need MORE jobs...in order to create more revenue and for social security to stay solvent...and we can't tax our way into creating more jobs...we have to untax our way there...
  • #68
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    as we can clearly see now, EVERY bill put forth from congress has nothing to do with the so called "middle class" help and has everything to do with crony capitalism, from the left and the right!
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