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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (46058)9/21/2010 8:32:19 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
Obama additionally wants to let companies fully deduct the cost of purchasing equipment such as tractors, wind turbines and computers.

But he's calling for that as a temporary measure.

And the responses quoted aren't disagreeing with changes in expensing rules or the R&D tax credit (which isn't a temporary proposal)

“A permanent research tax credit and allowing businesses to write off 100 percent of their investment in equipment are good ideas, but any positive impact on the economy would be crushed by tax increases on other parts of the economy,” said Hatch in statement following a Sept. 8 economic speech by Obama in Cleveland outlining his plans.

“These aren’t necessarily bad proposals,” Boehner said in a statement ahead of Obama’s speech. “But they don’t address the two big problems that are hurting our economy -- excessive government spending and the uncertainty that Washington Democrats’ policies, especially their massive tax hike, are creating for small businesses.”

"Are good ideas" is the opposite of opposing something "aren't necessarily bad proposals" is hardly supportive, but isn't opposition.