11/16/2023 0 Comments Big business conservatives weegyBusinesses literally exist to make money. Which is exactly why that tax break is there. I think if you ask anyone, they'll tell you that is a pretty good chunk of economy stimulation. Google won't tell me how many corporate jets there are in this country, but each one costs a company at least $10 million dollars to buy and $500,000 a year to maintain. So the president wants to give the government not even a fifth of its daily spending more each year, but who is he taking that $300 million a year away from? That may not mean much to the federal government, but it means a lot more to private sector businesses and companies. I realize that "a billion here and a billion there and pretty soon you're talking real money," but $300 million dollars is a drop in the bucket for our government. Incidentally, it is also about 0.021% of the federal deficit. $3 billion in a decade, also by my math, is $300 million per year. By my math and the numbers of, we spend about $17 billion dollars per day. Bloomberg reports that over ten years, closing up this "loophole" would put $3 billion in the country's coffers. In one speech, the president referred to these tax breaks six times, indicating that it is a big issue for him. President Obama in a recent speech targeted the tax breaks received by corporate jet owners. What do the people who are opposed to these "tax loopholes" think that these rich people are going to do with the money that they are "allowed to keep?" Let's look at one example. How can I be so evil as to want to give more money to the people who already have plenty rather than help out the poor folks who don't have enough, you ask? Let me answer that question with another question. And I think they should use that money to make even more money. I think big business is great! Not only am I in favor of letting oil companies and other big companies and corporations keep the tax breaks they have now, I think they should receive even more. Well, let me be the first to just come out and say it. Conservatives and Big Business By: American Decency Staffīy Chris Johnson One of the accusations that has always been thrown at conservatives is that we are on the side of "big business." We want to give all these tax breaks to big corporations rather than to the average, middle class, working American.
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