Boots & Sabers

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0633, 09 Jun 16

Disney CEO Criticizes US Tax Structure

Yes, and yes.

Iger told CNNMoney on Thursday that high corporate tax rates in the U.S. are “anti-competitive,” and described the country’s tax system as “ridiculously complex.”

“It doesn’t mean that a company shouldn’t pay taxes, but I think the structure is off … the tax base should be lowered, and the loopholes should be closed,” Iger said, without elaborating on potential reforms.


Iger again rejected Sanders’ arguments on Thursday, saying his company is a “positive for the United States and for the world.”

“He chose the wrong company to criticize,” Iger said. “I thought that it was indicative of a person who had never been in business and had not taken the time to really understand and appreciate what the meaning of business is to the country.”


0633, 09 June 2016


  1. Kevin Scheunemann

    Socialists trying to kill Mickey Mouse.

    Typical liberalism, killing and squashing childhood joy in pursuit of their never ending tax greed.

    That is what socialism does to all endeavors in life.

  2. old baldy

    Odd, but nowhere in the article or attachments was there any mention of “Socialists trying to kill Mickey Mouse”, or “killing and squashing childhood joy”.

    Yet another chapter from Kevin’s Book of Made-up Stuff.

  3. Kevin Scheunemann


    I have to draw a diagram for you for everything.

    Socialists, (Democrats and Obama) raise corporate tax rates to crazy new heights.

    Mickey Mouse is part of Disney corporation. Oppressive Taxation destroys corporate ability to invest and create jobs.

    Mickey has no lunch left after greedy socialists get through with him.

  4. old baldy


    I hate to break this to you, but Mickey isn’t real. He is a cartoon character and needs no lunch. Do you want me to explain the tooth fairy as well? The rest of what you said is fiction as well.

  5. Kevin Scheunemann

    Mickey is a metaphor for Disney.

    Sorry if I made it too complicated for you.

  6. old baldy


    No, you just should how ill prepared you are to make an argument.

    Fact: Disney has revenues of over $50 Billion/year. And that has gone up every year for the last 5 years.

    Fact: Stock price on 1-1-09 was $20.09/share. Stock price on 6-1-16 was $99.12.

    Fact: Wall Street has Disney as a “BUY” stock.

    I’d say Mickey has been getting pretty fat under Obama. Isn’t gluttony a sin in your book?

    Now, do you want to learn about the tooth fairy, santa, and the easter bunny?

  7. Kevin scheunemann

    So we should just ignore Iger’s comments that US corporate tax rate is uncompetitive?

    You risk Mickey doing an inversion and government getting a whole lot less than if socialists were reasonable.

  8. old baldy


    I would take his comments as a rich guy that wants to get richer. Or to use your terminology, a fat guy that wants all the food at the table.

    You last comment is absolute nonsense. Those big gains were while Obama was in office. Facts just bounce right off you. You are making stuff up again.

    How about it, do you want to learn about the tooth fairy?

  9. Owen Robinson

    Final warning, Old Baldy.

    Another personal attack on Kevin, and I’m banning you.

  10. Kevin Scheunemann


    Do you understand how corporate inversions bring in less tax revenue and ship jobs oversea because of high, greedy, socialist corporate tax rates?

    Iger has a duty to his shareholders to get best return. That especially includes minimizing socialists reaching into Mickey’s pocket without permission.

  11. old baldy


    You can’t argue the facts, so you change the subject.

    Fact: Disney has flourished under Obama.

  12. Kevin Scheunemann


    Disney has always done well.

    However, because of the socialist greed of last 7 years, Iger is warning of the challenge going forward. Corporate inversion may be one of those consequeneces.

    The government may be killing the golden goose with its socialist greed.

    Couldn’t resist another Disney metaphor.

    Why do you hate Disney, and want to pluck it until it is dead?

  13. Le Roi du Nord


    I just wondered if you saw the news article on Rueters regarding GM spending $millions and creating 1000 jobs in Ontario doing research on self-driving cars? How can that be, Canada has a liberal government and socialized medicine.

  14. Kevin Scheunemann

    GM . A socialist bailed out US company betraying USA jobs for socialist country?

    Are we surprised?

    Socialists can be disgusting and outrageous at same time.

  15. Le Roi du Nord


    So what exactly are you saying? Why couldn’t those jobs and all that investment have gone to WI or MI ? Maybe because the political and health care climate in Ontario was more inviting? What ever reason, it worked for the Canucks and not for the Badgers.

  16. old baldy


    You do realize that the GM bailout occurred during the socialist cheney/bush administration?

  17. Kevin Scheunemann


    Point is: socialists will betray you.

    I agree those jobs should have been here. Socialists are reprehensible to America’s economic success on almost every level.


    Auto bailout was Obama.

  18. Le Roi du Nord


    Regrading the GM decision to invest in Canada that remains to be seen. No sense making accusations that are nowhere near fact.

    I think if you check the history books the GM bailout started pre-Obama.

  19. Kevin Scheunemann


    If GM is investing in jobs in Canada after being bailed out by Joe U.S. taxpayer….that is reprehensible. The taxpayer investment should at least stipulate all future job investing be done in USA.

    When it comes to history.

    George W Bush agreed to a short, TEMPORARY, bailout. (which I disagreed with). Obama then went on to do a permanent, COMPREHENSIVE, auto bailout which was even more costly and more reprehensible, as political payback to atuot unions.

    So we can blame Bush all you want, he did “bailout lite”. Obama’s bailout was “bailout drunken sailor”.

    So if you are going to criticize Bush for “Bailout lite”, where is your criticism for “Obama auto bailout drunken sailor”?

    Focus on the real bad policy first, then move to criticize the temporary ba policy, I always say.

  20. old baldy

    From USA Today 12-9-2013:

    Dec. 19, 2008. The Bush Administration announces plans to bail out Detroit’s auto industry, notably General Motors and Chrysler Group.

    Dec. 31, 2008. GM receives $13.4 billion in financing through the Troubled Asset Relief Program.

    Some facts just can’t be erased by rationalization.

    Bush started the bailout, Obama inherited it. You can’t deny that.

    The only criticism due is for you for making pronouncements without any factual basis, added onto the “it was OK for cheney/bush but not for Obama” hypocrisy.

  21. Kevin Scheunemann


    What you leave out is Obama’s $80 billion bailout!

  22. old baldy


    No, what I included were the facts to correct your incorrect statement, “Auto bailout was Obama”. You conveniently left out the part where cheney/bush started the whole thing and left the clean-up to Obama. Sorta like Iraq. Regardless of the end result, both fiascos were started by conservative administrations, then blamed on Obama.

    Remember, knowldge can set you free!

  23. Kevin Scheunemann


    $13.4 is nothing next to $80 Bil.

    I opposed both. A statement you have yet to agree with.

    What Obama did was 6 times worse.

  24. old baldy

    “But, but, but…” stammered kevin as he tried once again to find an excuse for his factless claim…. Paging through the well worn pages of his Book of Excuses he found one that might fit; Chapter XXIX, Blame Somebody Else”. Bingo.

    “Auto bailout was Obama.” Your words, not mine. Maybe if you had a better grasp of history you may be able to avoid these situations. Knee-jerk reactionary comments usually fall short. Or as they taught us on the range in boot camp, “aim first, shoot later”.

  25. Kevin Scheunemann

    $80 billion is far worse than $13 bil.

    Hardly worth even mentioning the Bush error next to the Obama nonsense.

    Will you denounce Obama bailout or not?

  26. old baldy


    Again history evades you. As shown above, the bailout was the brainchild of cheney/bush. Obama inherited it. Just as in Iraq, Obama got saddled with bad policy left over from the previous occupant.

    So the answer is no.

    Questions for you: How much of the bailout money was paid back? How much money was kept in the economy by keeping GM going and workers employed due to the bailout? The answers are out there. Knowledge can set you free!

  27. Kevin Scheunemann


    If you are fine with bailout of Obama and George W, then what is the problem?

    You equally like pork crony handouts. I criticize both.

  28. old baldy


    The issue at hand is your dishonesty when making comments about those with different often more factual opinions. When presented with facts you attempt to rationalize your error, blame others, and/or change the subject.

    cheney/bush started the GM bailout. Obama inherited the situation. Jobs were saved, folks stayed working. GM is making money. Obviously you are anti-employment. Let them eat DQ is your mantra.

    Your statement “Auto bailout was Obama” is false and you are well aware of it, but yet you remain an unrepentant teller of tales. .

  29. Kevin Scheunemann


    I biased to blame Obama because the money he handed out was 6 times more than anything done previous in that situation.

    I never denied Bush did a GM bailout…if you read closely above…and I do consider what Bush did with the $13 bil “socialist” and disasterous.

    So I think your criticism is a little harsh because I choose to focus on the prioblem with the bigger socialist, Obama, who is the current president, not a past president.

  30. old baldy


    You never answered the questions:

    How much of the bailout money was paid back?

    How much money was kept in the economy by keeping GM going and workers employed due to the bailout?

    Why not? Didn’t fit your story??

    PS: “Auto bailout was Obama”. Those are your words.

  31. Le Roi du Nord

    Doomed to failure no doubt.

    “Shanghai Disney Resort is a themed resort in Pudong, Shanghai, China. It is the first Disney park resort in mainland China and the second in Greater China, after the Hong Kong Disneyland Resort. The resort opened on June 16, 2016.”


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