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Saturday, August 21, 2010

Do corporate hoarders needs tax cuts?

Obama should have gotten rid of the Bush tax cuts the first month in office.

Instead he hoped for bipartisanship that never materialized. The Bush tax cuts provide an incentives for corporations to hoard money and provide high salaries to executives.

Why hire workers to increase operating expenses to save corporate and income tax increases, when you can hoard cash and get a nice IRS check courtesy of the Bush tax cuts?

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