President Obama Calls For Ending Tax Loopholes Even As He Touts More Tax Loopholes

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From the “you can’t make this stuff up” department:

President Obama spoke three days ago about ending “loopholes and deductions that aren’t available to most Americans.”

The Obama administration yesterday, however, “announced the availability of $150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy efficiency manufacturing projects across the United States.”

These tax credits have gone, in eight-figure amounts, to politically connected companies like Cree, GE, and Siemens. Have you gotten one?

President Obama doesn’t want to close loopholes so much as he wants to close them for people he doesn’t like, and open them for people he does.

Which is an argument in favor of tax codes that are flat, broad and low. We’ve gone too far in allowing politicians to push their pet projects, to advance their agendas, by trying to manipulate us through the tax code. We need equitable taxes that aren’t complex and are low.

Just the compliance cost alone of this ever-shifting tax code is enormous, even before you get to actual taxes paid. Keeping track of policy changes, and jumping through the regulatory hoops necessary to comply with them, is expensive.

Should we end loopholes? Absolutely, but end them for everybody and offset the tax increases with lower overall rates.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • $8194357

    What does Maxine know that “We the People” don’t know?

    http://conservativebyte.com/2013/02/maxine-waters-obama-has-a-database-on-everything-about-every-individual/

    Here’s Maxine Waters.
    This was last Sunday on TV One’s Washington Watch with Roland Martin. Maxine Waters, Democrat from California. Her district is basically the Watts area of Los Angeles, and Roland Martin said, “The reality is like anything else, you’d better get what you can while Obama’s there because, look, come 2016, that’s it.” Now, what Roland Martin’s saying here is all of you who are looking for prosperity from the government, you better get it and get it now. Get it while you can, get it while Obama’s there, because come 2016, he’s not gonna be there, and then you’re gonna be on your own. You better get what you can get now. And here’s what Maxine Waters said in reply.

    WATERS:
    Well, you know, I don’t know. And I think some people are missing something here. The president has put in place an organization that contains the kind of database that no one has ever seen before in life. That’s going to be very, very powerful. That database will have information about everything on every individual in ways that it’s never been done before.

  • Stuart

    What is that truism, “a double minded man is unstable in all his ways”? Could this fit President Obama in any way? The jobs were not as shovel ready as we expected. Yet we spent huge amounts of money making signs stating the contrary? I see a cart before the horse and an inexperienced community organizer who has accumulate more nation Debt than all of the Presidents combined. Still blaming others.

    Like the old lady saying “where’s the beef” I say where are the good paying jobs, and a Congressional budget. The quasi – trend federal budget is keep on spending,that should get us out of debt. Maxine..you are an uneducated idiot!

  • mickey_moussaoui

    obama has always been a puppet of big business. just ask all the billionairs in his corner

  • http://genelalor.com Gene Lalor

    (NEW) Unlike Obama–Dr. Benjamin Carson–A True American Hero!

    Conservative African-American physician Dr. Benjamin Carson,
    Director of the Pediatric Neurosurgery Division at the famed John’s Hopkins
    Hospital in Baltimore, gave President Barack Hussein Obama a well-deserved,
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    Addressing the National Prayer Breakfast while Obama sat sometimes
    grinning, mostly grim-faced on the same stage, Dr. Carson politely yet
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    More specifically regarding Obamacare, Dr. Carson offered his
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    Act (PPACA) whereby newborns would be given health savings accounts so that they
    eventually would be equipped to take care of their own health needs instead of
    having to rely on the dubious decisions and generosity of Washington
    medicrats.

    Dr. Carson summarized his revolutionary health care ideas: ”When a
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    you’re born ’til the time you die. When you die, you can pass it on to your
    family members so that when you’re 85 years old and you got six lecturing ,
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    nobody talking about death panels.”

    He added . . .

    (Read more at http://www.genelalor.com/blog1/?p=30006.)

  • http://genelalor.com Gene Lalor

    (NEW) Who’s Yo Daddy? Who Owns Ya? Barack, of Course!

    For those who have “parental issues,” those sad folks who
    find just determining who fathered them to be a challenge and those sadder folk
    who feel a craving to be owned by someone, black comedian Chris Rock and white
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    Chris Rock appeared on Capitol Hill on Wednesday to endorse Obama’s
    gun control proposals, which was his perfectly acceptable constitutional right
    no matter how dumb and ridiculous his views.

    However, what he said at a press conference was a tad spooky: “I am
    just here to support the President of the United States. President of the United
    States is our boss, but he is also. . . you know, the President and the First
    Lady are kinda like the Mom and the Dad of the country. And when your Dad says
    something you listen, and when you don’t it will usually bite you on the ass
    later on. So, I’m here to support the President,” his dear old
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    In the same vein, Ellen Barkin, also on Wednesday, gushed on Twitter
    that “as long as Barack Obama is President, the people of the United States
    belong to him” and that she voted for Obama to “protect” all of “his” people:
    “ALL his ppl.The poor,the middle class,the jobless…the 1′s that need our help..I
    vote 4 humanity. (sic)” In response to an incredulous fellow Tweeter, Ms. Barkin
    tweeted back, “Right now he is the President of our country.He is our leader
    & we are his people, (sic).”

    I’m always intrigued by what celebrities think, say, and even
    tweet–not for what they think, say, or tweet but for the inanity of their
    thought processes.

    All in the name of what he thinks is comedy, the 48 year old
    Christopher Julius Rock III is noted for
    cracking amazingly stupid, vulgar, sexist, racist, and malicious “jokes.” Some
    prime examples:

    Stupid: “Doctors don’t cure shit! The last disease doctors cured was
    polio, when’s the last time you met someone with polio?” Vulgar and sexist:
    “There are three types of women in the world: A: Women that give NO head. B:
    Women that give just enough head to shut ya up and my favorite C: the women that
    want nothing more than to suck a dick”. Racist: “I love being famous. It’s
    almost like being white, y’know?” Malicious: “Paula Abdul judging a singing
    contest is like Christopher Reeve judging a dance contest!”

    Rock’s references to Barack Hussein Obama as “our boss . . . [with
    Michelle Obama] kinda like the Mom and the Dad of the country. And when your Dad
    says something you listen, and when you don’t it will usually bite you on the
    ass later on” clearly falls into his stupid category with nuances of racism.
    They reflect the ignorance of a high school dropout raised in Brooklyn’s Crown
    Heights and Bedford-Stuyvesant areas where too many kids haven’t a clue who
    fathered them.

    FYI, Mr. Rock, the POTUS is the elected president not “our boss” and
    not in any way our daddy and the FLOTUS is his wife with no resemblance to most
    of our moms.

    Ellen Rona Barkin has no excuses for believing that “the people of
    the United States belong” to Obama and that we are “his people,” .
    . .

    Chris Rock appeared on Capitol Hill on Wednesday to endorse Obama’s
    gun control proposals, which was his perfectly acceptable constitutional right
    no matter how dumb and ridiculous his views.

    However, what he said at a press conference was a tad spooky: “I am
    just here to support the President of the United States. President of the United
    States is our boss, but he is also. . . you know, the President and the First
    Lady are kinda like the Mom and the Dad of the country. And when your Dad says
    something you listen, and when you don’t it will usually bite you on the ass
    later on. So, I’m here to support the President,” his dear old
    ”dad.”

    In the same vein, Ellen Barkin, also on Wednesday, gushed on Twitter
    that “as long as Barack Obama is President, the people of the United States
    belong to him” and that she voted for Obama to “protect” all of “his” people:
    “ALL his ppl.The poor,the middle class,the jobless…the 1′s that need our help..I
    vote 4 humanity. (sic)” In response to an incredulous fellow Tweeter, Ms. Barkin
    tweeted back, “Right now he is the President of our country.He is our leader
    & we are his people, (sic).”

    I’m always intrigued by what celebrities think, say, and even
    tweet–not for what they think, say, or tweet but for the inanity of their
    thought processes.

    All in the name of what he thinks is comedy, the 48 year old
    Christopher Julius Rock III is noted for
    cracking amazingly stupid, vulgar, sexist, racist, and malicious “jokes.” Some
    prime examples:

    Stupid: “Doctors don’t cure shit! The last disease doctors cured was
    polio, when’s the last time you met someone with polio?” Vulgar and sexist:
    “There are three types of women in the world: A: Women that give NO head. B:
    Women that give just enough head to shut ya up and my favorite C: the women that
    want nothing more than to suck a dick”. Racist: “I love being famous. It’s
    almost like being white, y’know?” Malicious: “Paula Abdul judging a singing
    contest is like Christopher Reeve judging a dance contest!”

    Rock’s references to Barack Hussein Obama as “our boss . . . [with
    Michelle Obama] kinda like the Mom and the Dad of the country. And when your Dad
    says something you listen, and when you don’t it will usually bite you on the
    ass later on” clearly falls into his stupid category with nuances of racism.
    They reflect the ignorance of a high school dropout raised in Brooklyn’s Crown
    Heights and Bedford-Stuyvesant areas where too many kids haven’t a clue who
    fathered them.

    FYI, Mr. Rock, the POTUS is the elected president not “our boss” and
    not in any way our daddy and the FLOTUS is his wife with no resemblance to most
    of our moms.

    Ellen Rona Barkin has no excuses for believing that “the people of
    the United States belong” to Obama and that we are “his people,” .
    . .

    (Read more at http://www.genelalor.com/blog1/?p=30016.)

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