MONEY AND INVESTMENT FUNDS FLOW WHERE THERE IS FAVORABLE CONDITIONS--NOT TO A COUNTRY WHERE TAXATION PUNISHES THE BUSINESS OWNER AND THERE LIFE BECOMES SATURATED WITH REGULATIONS FROM THE EPA, IRS, OBAMA CARE, AND INFLATED WORKER'S COMPENSATION RATES FROM TRIAL ATTORNEYS AND LITIGATION. What Obama Just Threatened To Do Will Have Both Republicans And Democrats Up In Arms This time, a bipartisan effort... ________________________________________ Share Tweet Email B. Christopher Agee — November 28, 2014 According to a recent report by The Hill, Barack Obama is once again promising to use his executive power to thwart legislators backing a policy he does not support. This time, a bipartisan effort headed by Senate Majority Leader Harry Reid and Republican Rep. Dave Camp is under fire from the White House for ostensibly providing too many tax benefits for businesses. “The president would veto the proposed deal,” confirmed White House spokesperson Jennifer Friedman, “because it would provide permanent tax breaks to help well-connected corporations while neglecting working families.” The benefits being discussed have been implemented in the past, though they have recently lapsed. The lawmakers behind the current proposed deal simply wanted to see them reinstated. Though Obama portrayed the deal as a loser from the leftist viewpoint, it did provide Democrat-supported concessions such as tax breaks for families with college-bound kids and aid for those opting to use public transportation. Nevertheless, some House Democrats have voiced support for Obama’s veto threat. Without some advancement, supporters of the proposal could be left with no option aside from extending the tax breaks until the end of this year. Beyond his threat to veto the deal, Politico pointed out that Barack Obama may have played a less direct role in dooming the initiative. His announcement last week of executive action granting resident status to millions of illegals, some sources say, reduced Democrat enthusiasm regarding the extension of the Earned Income Tax Credit and Child Tax Credit. With the GOP concerned about illegals claiming these benefits, Democrats opted to remove them from consideration upon Obama’s announcement. “Our two biggest priorities, EITC and CTC, got taken off the table with the immigration announcement,” one source told Politico. “If the immigration announcement had been delayed, we probably could have gotten something done.” Read more at http://www.westernjournalism.com/obama-threatens-veto-bipartisan-pro-business-tax-deal/#qmJlYfRP7eZm3cgU.99

MONEY AND INVESTMENT FUNDS FLOW WHERE THERE IS FAVORABLE CONDITIONS--NOT TO A COUNTRY WHERE TAXATION PUNISHES THE BUSINESS OWNER AND THERE LIFE BECOMES SATURATED WITH REGULATIONS FROM THE EPA, IRS, OBAMA CARE, AND INFLATED WORKER'S COMPENSATION RATES FROM TRIAL ATTORNEYS AND LITIGATION.

What Obama Just Threatened To Do Will Have Both Republicans And Democrats Up In Arms

This time, a bipartisan effort...

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 B. Christopher Agee — November 28, 2014

 

According to a recent report by The Hill, Barack Obama is once again promising to use his executive power to thwart legislators backing a policy he does not support. This time, a bipartisan effort headed by Senate Majority Leader Harry Reid and Republican Rep. Dave Camp is under fire from the White House for ostensibly providing too many tax benefits for businesses.

“The president would veto the proposed deal,” confirmed White House spokesperson Jennifer Friedman, “because it would provide permanent tax breaks to help well-connected corporations while neglecting working families.”

The benefits being discussed have been implemented in the past, though they have recently lapsed. The lawmakers behind the current proposed deal simply wanted to see them reinstated.

Though Obama portrayed the deal as a loser from the leftist viewpoint, it did provide Democrat-supported concessions such as tax breaks for families with college-bound kids and aid for those opting to use public transportation. Nevertheless, some House Democrats have voiced support for Obama’s veto threat.

Without some advancement, supporters of the proposal could be left with no option aside from extending the tax breaks until the end of this year.

Beyond his threat to veto the deal, Politico pointed out that Barack Obama may have played a less direct role in dooming the initiative. His announcement last week of executive action granting resident status to millions of illegals, some sources say, reduced Democrat enthusiasm regarding the extension of the Earned Income Tax Credit and Child Tax Credit.

With the GOP concerned about illegals claiming these benefits, Democrats opted to remove them from consideration upon Obama’s announcement.

“Our two biggest priorities, EITC and CTC, got taken off the table with the immigration announcement,” one source told Politico. “If the immigration announcement had been delayed, we probably could have gotten something done.”

Read more at http://www.westernjournalism.com/obama-threatens-veto-bipartisan-pro-business-tax-deal/#qmJlYfRP7eZm3cgU.99