I hope his speech does bring new light on the problem of the unemployed, bringing our economy back up to speed. He even wants to rebuild the middle class. That alone will bring back our economy, some. I wish he would lead the way in reducing the Corporate, Pesonal, Tax Rate.
Taxes need to be fair. Gimmics allowing one firm not to pay tax while another shoulders the burden -is unAmerican. Likewise, personal tax breaks for job creators, keep the tax rates high on everyone. Would a moderday Picasso, Walt Disney, or Zane Grey deserve a special tax break, No.
Forcing American firms to keep their investments overseas is just as bad. The current argumets, include gems, "They will just buy back their stock. Cause another collasp.'' Could be true in some firms, however, others will use the funds to invest in themselves. Many firms are run by competent managers.
by J John Swanko
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