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September 07, 2011

Oh My Stars and Garters: Obama's Big New Idea For Jobs Speech? Reversing His Previous Anti-Corporate-Jet-Tax-Breaks Stance

Guy's like friggin' Marvel Comics-- The House of Ideas (TM)

Obama also is expected to continue for one year a tax break for businesses that allows them to deduct the full value of new equipment. The president and Congress negotiated that provision into law for 2011 last December.

... which was better known as the "New Corporate Jet Republican Tax Loophole Law" just six weeks ago.

Oh, I suppose he can insert a special provision that says "all new business equipment except for jets."

But's all so stupid either way.

Via Gay Patriot.

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posted by Ace at 04:37 PM

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