I don’t know. I think three a difference between taxing rich “people” versus ensuring corporations are paying for their fair share, aren’t taking advantage of a given situation.

I have no issue with entrepreneurs or for that part silver spoon people having their entitlements, nor do I think the right approach is necessarily to tax heavily those that create jobs and provide opportunities here. Someone takes the risk, they should get the rewards.

I think the issue here is corporations that aren’t held accountable. So for instance, one the few things Obama said that I can agree with:

a)If a corp is going to ship jobs overseas, then the corp should lose part of it’s tax corp tax benefits.
b)If a corp is going to keep jobs here, it can continue with the same level of corp tax benefits.
c)And if corps actually reinvest in the U.S., then it should have increased corp tax benefits (not these pidly $3k amounts for hiring unemployed people),,,

Personally, if It were me, I’d add a few others.

*If you’re a profitable company that is just trying to fatten profits by replacing a domestic employee by moving things offshore, the company should has pay a the cost of that person’s unemployment check for the duration of the person’s unemployment pay period…The traditional, “let’s fatten profits, while dumping the unemployment problem to the taxpayers)” needs to stop….
….It’s a completely different situation if the company isn’t profitable or has to shutdown….

Interestingly, rep’s weren’t the only ones objecting to this….And interestingly, this sort of issue is never formally brought up in an election. The entire sham of this administration is the mantra of “taxing the rich people”, whereby the target of “the rich” isn’t rich by any means. It’s just more middle class people.

Different government officials, same masters…..Have you folks not learned yet, it really doesn’t matter which party is in office?

So for me, it’s not so much about raising taxes as a overall, blanket “wealth redistribution”. You’re not solving the real problem by just taxing more…

It’s about ensuring some entities pay their fair share in their decision making process via the carrot stick, remove carrot stick approach. And for that matter, it’s cyclical…More people employed, more people spend. We could learn a thing or two from what China is doing in terms of trying to generate growth domestically.

California could also learn a few things or two about being a much more friendly business environment…