Senate Democrats Protect Corporate Jet Loophole

21 Feb 2013 15:19 #1 by Grady
But, But, But I thought the Democrats hated corporate loopholes. :smackshead: :swirl:

Listening to the White House, you’d think the key to averting the across-the-board spending cuts (the dreaded “sequester”) set to in place on March 1 is closing the tax break for owners of private jets.
Here was White House Press Secretary Jay Carney last week:
“How do you explain to a senior that we’re doing this, asking you to sacrifice, but we’re not saying that corporate jet owners should lose their special tax incentive.”
On Wednesday, Carney summed up the Republican position this way: “We’d rather see our national security undermined than corporate jet owners, God forbid, give up their tax break.”

And President Obama in an interview Wednesday with KAKE-TV in Wichita: “What we don’t want to do is give somebody who’s buying a corporate jet an extra tax break.”
Carney has brought up the corporate jet tax break at every single briefing this week.
Listening to the White House, you might think that the “balanced” Democratic plan to avert the spending cuts would close that loophole for private jets.
But you would be wrong.
The Senate Democratic plan – which has been endorsed by the White House and is, in fact, the only Democratic plan actively under consideration right now – doesn’t touch corporate jets.

ABC News

Now where is that liar liar pants on fire Smiley?
The sad thing is the Dems will claim they never wanted to keep the corporate jet loophole and the lefties will believe it. :(:

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21 Feb 2013 15:49 #2 by FredHayek
Words are better than deeds, don't you realize that by now Grady?
(And maybe the Left is going to realize one day their reps have been bought too.)

Thomas Sowell: There are no solutions, just trade-offs.

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21 Feb 2013 16:54 #3 by archer
Of course the Democratic plan doesn't touch corporate jets.....they well know that a plan cutting the corporate jet loophole would never get a Republican vote.....how smart of them to give that little gift to Republicans in hope of getting a vote on the bigger deal.

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21 Feb 2013 17:35 #4 by FredHayek
So which costs the country more the loophole or the Obama family use of Air Force One in a given year? It was four million to fly just Barack to Hawaii. Another 2 million to fly dad to Florida for golfing with the boys and another 3 million to fly Michelle and the girls to Colorado to go skiing last weekend.

Thomas Sowell: There are no solutions, just trade-offs.

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21 Feb 2013 17:47 #5 by Mary Scott

archer wrote: Of course the Democratic plan doesn't touch corporate jets.....they well know that a plan cutting the corporate jet loophole would never get a Republican vote.....how smart of them to give that little gift to Republicans in hope of getting a vote on the bigger deal.

Then the pres' handlers need to give him a heads up. He is still using it as a campaign talking point.

http://www.usatoday.com/story/theoval/2 ... a/1935861/

Obama defends ending corporate jet tax break

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21 Feb 2013 17:54 #6 by archer
I bet that if the Republicans wanted to add the closing of the loophole and would then vote for the bill the Democrats would be happy campers.

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21 Feb 2013 18:16 #7 by FredHayek
Considering how much the country is in debt it might be better to set a good example and curtail needless spending.

Thomas Sowell: There are no solutions, just trade-offs.

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21 Feb 2013 18:17 #8 by archer

FredHayek wrote: Considering how much the country is in debt it might be better to set a good example and curtail needless spending.


Considering how much the country is in debt, it might be better to raise some more revenue by closing tax loopholes and raising some taxes.

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21 Feb 2013 18:33 #9 by Blazer Bob

FredHayek wrote: Words are better than deeds, don't you realize that by now Grady?
(And maybe the Left is going to realize one day their reps have been bought too.)


But not today.

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21 Feb 2013 18:41 #10 by FredHayek

archer wrote:

FredHayek wrote: Considering how much the country is in debt it might be better to set a good example and curtail needless spending.


Considering how much the country is in debt, it might be better to raise some more revenue by closing tax loopholes and raising some taxes.

The Dems owned both the House and Senate in 2008 and they lowered taxes.

Thomas Sowell: There are no solutions, just trade-offs.

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