I support a lower corporate tax rate for America’s business. The United States currently has the second highest corporate tax rate in the industrialized world. We must lower this tax rate to make American business more competitive globally and to spur job creation nationally and in the 10th District.
From Bob Dold's Facebook page:
Thank you to all those who came to the AARP debate today. The key to move our country forward: extend the tax cuts, cut the spending and send small business commonsense thinking to Washington!
Mark Kirk On the Issues:
Voted YES on making the Bush tax cuts permanent. (Apr 2002)
Voted YES on $99 B economic stimulus: capital gains & income tax cuts.
Mark Kirk recently told the press:
While Giannoulias has said he would favor ending Bush-era tax cuts for taxpayers whose household income exceeds $250,000, Kirk said he favored keeping the cuts in place across the board for the next two years.
The big headline in the Washington Post today?
U.S. companies buy back stock in droves as they hold record levels of cash.
From the story:
Sitting on these unprecedented levels of cash, U.S. companies are buying back their own stock in droves. So far this year, firms have announced they will purchase $273 billion of their own shares, more than five times as much compared with this time last year, according to Birinyi Associates, a stock market research firm. But the rise in buybacks signals that many companies are still hesitant to spend their cash on the job-generating activities that could produce economic growth.
Some companies are buying back shares partly because they don't want to invest in developing new products or services while consumer demand remains weak, analysts said.
Guess what? We have a demand side economy.
The problem is that we have a supply side congressman who wants to be our senator and a supply side candidate to replace him.
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