In response to:

At the Fiscal Cliff I Cry "Jump, Jump, Jump!"

Jay Wye Wrote: Nov 13, 2012 4:53 PM
We don't need tax increases,we need more jobs and productivity; that brings in FAR more revenue than your tax increases that stifle the economy. Together with spending cuts,THAT is how the budget gets balanced. Without the spending cuts,no tax increase will come close,it will always be an upward spiral. (death spiral) that's where the DemocRATs SCREWED Reagan and America,they promised spending cuts to go with Reagans tax cuts,but reneged. You useful idiots can't see that they're going to do that all over again. They're going to raise taxes,and raise gov't spending and there will be a NEGATIVE change,because tax revenue will DROP (plummet,actually,once US business and work moves to foreign nations.)

The most expensive tax in the history of the world has been proposed by the Obama administration and to hear them tell the story, you’d think the rest of us should be grateful.

“We want to create a global minimum tax,” said vice president Joe Biden, “because American taxpayers shouldn’t be providing a larger subsidy for investing abroad than investing at home.”

A global minimum tax is a tax on all profits made by nominally US companies that operate overseas. They operate overseas for various reasons, but one big reason is because corporate taxes are higher in...