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Sunday, September 25, 2016

You may not believe this, but once upon a time even big corporations paid taxes.

Citizens for Tax Justice (CTJ) has a new study of Fortune 500 companies that illuminates how the nation’s largest corporations are able to corrupt our broken tax system to pay nothing — sometimes literally less than nothing — in taxes.

Facebook, for instance, used one simple tax break — writing off executive stock options — to pay no taxes in 2012 and offset its future taxes. CTJ cites U.S. senator Carl Levin (D-MI), who estimates that this tax break costs taxpayers between $12 billion and $61 billion a year.

These 10 companies do business in a wide range of of sectors in locations throughout the United States:

As a group, the 10 companies paid no federal income tax on $16 billion in profits in 2012, and they paid zero federal income tax on $57 billion in profits over the past five years. All but one paid less than zero federal income tax in 2012; all paid exceedingly low rates over five years.

10reasonscorporate

President Obama has included a proposal for revenue-neutral tax reform in his 2014 budget, meaning he would get rid of the tax breaks enjoyed by companies that can afford to find every possible tax break in exchange for lower tax rates. However, by eliminating so-called “tax-extenders” and reforming the U.S. international tax system, revenues would rise over the next decade — something Republicans object to.

House Republicans would like to lower the tax rate to 25 percent. The president favors 28 percent; 25 percent for manufacturers. Needless to say, the corporations on this list would not be pleased with either outcome — if the tax breaks are truly removed.

CTJ believes “a sensible starting point should be to critically assess the costs of each of these tax breaks, and to take steps to ensure that profitable corporations pay their fair share of the U.S. taxes.”

  • Lynda Groom

    Where’s the outrage from the right?

    • turtlewoman1039

      According to the reich wing, these are ‘job creators’ who are already ‘over-taxed’ and the US should ‘lower their taxes’ so that they’ll ‘create jobs’.

      • Rick2101

        The so-called “job creators” do not need tax breaks to create jobs; they can do it on their own, if they want to. If someone wants to believe corporations actually “create” jobs less expensively than government, then let them do it without government tax subsidies. Small business, mom and pop stores are one thing, but large international multi-billion dollar conglomerates are something else. I believe small businesses should be encouraged by proportional tax breaks to start out, but large corporate enterprises should be able to fend for themselves without government support. If a business is working properly they will do just fine, however, if they cannot survive without government assistance then it is not operated properly and should be allowed to fail. The idea of private enterprise should be just that “private” and not need government assistance via tax credit or other government subsidies. Just my lowly opinion.

        • turtlewoman1039

          I do hope you realize that by putting those terms in quotes I was expressing my disdain. And the ‘reich’ wing was also a clue…
          I tend to agree with you. These corporations are rich, send US jobs out of the country to make even MORE $$$, hide their profits and avoid taxes, and then complain about how difficult it is to be a US business.

          • Rick2101

            I understand what you are saying and agree.
            It seems like cutting anything that benefits someone seems to be
            the orthodox Republican answer to everything. I have tried to be a centrist, not too conservative not too liberal, for years, but it just seems like the radical right is just wrong. The core Republicans idea of limited government means just to provide police, fire, and a large military to protect the homes of the wealthy, their way of life, their personal wealth. I believe the conservative wealthy and those they have snookered view that these are the only things taxes should pay for, so everyone should pay taxes only to protect the wealthy and their way of life. However, when it comes to education to help ordinary Americans achieve some form of success or get healthcare to perform at our best, well you are on your own. The wealthy have the means to pay for the best healthcare and the best education that money can buy. Therefore, the idea that they should pay taxes to help others is unconstitutional, or even perverse to them. It is like, why should they help anyone to become educated and healthy enough to challenge their ascendancy. It is almost a Medieval Europe mentality, where the feudal lords had the best of everything but the peasant masses had to fend for themselves. The ordinary Americans are the ones who need a tax structure to help them achieve and maintain a decent life, the exact thing the conservative wealthy do not want to help pay for. I believe that is a very self-centered and destructive philosophy.
            America is fast becoming an empire of corporate fiefdoms, a land of
            corporate interests, by corporate interests, and for corporate interests.

          • Allan Richardson

            A puritan is someone who is constantly worried that someone, somewhere, is having fun.

            A Republican is someone who is constantly worried that there is some poor person, somewhere, who is not starving as they “deserve” to do.

          • turtlewoman1039

            That is what is going on. And I have to wonder about the comments here and elsewhere that indicate that the poster buys into this whole ‘job creator’ crap and that myth that the ‘47%’ who don’t pay fed taxes are ‘moochers’.

            Makes me wonder if those accusing the ‘47%’ have ever filled out a tax return – other than robme, who we KNOW has not. Get a couple, with 2 children, who each earn only minimum wage or slightly better, and by the time they take the standard deduction for a couple, then the deduction for each of their children, it essentially wipes out their federal tax debt. And they’re both working and paying ALL the other taxes that come with payroll. But the corporations can get away with tax credits for SENDING JOBS OUT OF THIS COUNTRY, evading taxes, stashing profits in foreign countries, and generally screwing this nation over while singing their poor little me tune. The banksters and wall st pit bosses who TANKED the economy domestically and globally cry about how ‘over regulated’ they are, and are now insisting that those who rely on SS & Medicare need to ‘lower their expectations, because this country can’t afford those programs’.

            Google the ruling by a PA judge on whether ‘corporations’, in that particular case, fracking companies, have a ‘right to privacy’. Her ruling is priceless, her reasoning is rock solid, and her decision might give us some hope that the whole ‘corporations as people’ crap can be shut down.

      • DurdyDawg

        Yes, and santa clause keeps a bunny costume in his closet in case of an Easter emergency.

      • Michael Kollmorgen

        Now, I “could” see a corporation paying less taxes, IF they can prove they are hiring American Citizens here in this country full time, average wages, with full bennies, bring back our jobs “they” shipped out to China.

        If they can’t or won’t do this, they can all find the biggest telephone pole around and use on themselves.

      • plc97477

        I don’t think they can get much lower. When are those jobs going to be created?

        • turtlewoman1039

          They’ve been created in China. If we’re willing to work for $2/day, maybe they’ll create them here.

    • turtlewoman1039

      When republicans are in the WH – ‘Deficits don’t matter’, a direct quote from cheney.

      When a Democrat is in the WH, any spending means that the sky is falling and we are ‘headed for the fiscal cliff’.

      But we CANNOT require that the richest of ‘our’ corporations pay an honest tax. We CANNOT require that wall st pit bosses / banksters stop paying roulette with the hard earned $$ / assets of the 99%. We CANNOT expect that these corporations will act honestly and contribute to the common good of THEIR country, THIS country. We CANNOT levy even a token tax on wall st transactions, while the traders make millions. Why? Because the republicans answer only to their corporate owners, and they all worship only $$$.

      Trillion$$$$ borrowed to spend on wars OF CHOICE; thousands of our service members killed & maimed, scarred mentally & physically for life; incompetence, gross overcharges & outright theft from the likes of Halliburton, Blackwater, etc.; bloated budgets for the DOD & DHS. There are those few who have been enriched by 10+ years of war, and the rest of us will have the war debt and the consequences of such stupidity for many years.

  • All we ever hear from the right wingers is “spending, spending, spending,” but you never hear them say anything about the missing revenue from the tax dodging corporations.

    • WhutHeSaid

      Not only that, but we also SEE that the Republicans are far and away the champions of runaway federal spending, with every GOP administration in the last 30 years increasing federal spending faster than every Democratic administration.

      • middleclasstaxpayer

        Obama has increased the federal deficit MORE THAN all previous presidents COMBINED since our country was founded…but of course, it’s “other people’s money” so why should he even care! He’ll simply raise taxes on the 50% of us who actually pay taxes, while the other half enjoys food stamps, rent & child subsidies, welfare and more. What a great country!

        • How’d that vote for Romney work out for ya?

          • Michael Kollmorgen

            Hah, I have a former close friend, told me he was voting Republican for now on. I told em, his vote for Romney was wasted. He got pissed, never spoke again. He didn’t like the “advice”.

            Oh well, no love lost on this guy………………..

          • I was “Un-friended” by three “former” friends over the course of the election….just another trait of our fellow reich-wing Americans….absolutely NO sense of humor…

          • Michael Kollmorgen

            I bet the friends who un-friended you weren’t friends in the true meaning of the word. Lots of people give lip-service to the word, but very rarely carry it out in the real world.

            You’re probably a lot better off without them.

          • plc97477

            I have noticed the lack of a sense of humor on the other side. I will be your friend and be proud of it.

          • plc97477

            It would be nice if it was that easy to get rid of the nuts here.

          • middleclasstaxpayer

            It’s not my vote that counts now…it’s HOW YOUR VOTE will affect you & our country over the next 3 years…..wait till 2014 and see what obamacare does for you…ie: when your employer cancels your former company-paid plan and you attempt to use the “insurance exchange.” You may be getting more than you bargained for….you’ll find out soon.

          • BDC_57

            It didn’t you notice he lost

        • WhutHeSaid

          Just stop lying. Even with Obama’s hand being forced to recover from GW Bush’s economic catastrophe, he STILL has the lowest rate of federal spending increases of ALL Presidents in the last 30 years. That deficit that you want to blame Obama for was caused by Bush, and no amount of lying will change that fact.

          • middleclasstaxpayer

            Thanks for clarifying…I forgot that it’s STILL Bush’s fault. Wonder how much longer that excuse will fly?

          • WhutHeSaid

            Until we manage to dig out of the hole he created. Once a Democratic President has achieved another surplus, we may then be ready for another Republican to blow the surplus and torpedo the economy once again — deal?

          • middleclasstaxpayer

            You will NEVER see a surplus with Obama….look at how he’s spending now….he closes the WH to visitors yet finds the time & money to host a TV special, while telling us all to learn to live with less???

          • WhutHeSaid

            He’s spending less due to the sequester, so how can you lie and squeal about White House tours at the same time?

            What we will NEVER see is a Republican administration with a surplus, which is roughly equal in probability to angels suddenly flying out of your ass.

          • BDC_57

            or start a war with Iran like they want to

          • disqus_fsqeoY3FsG

            Until we pay off the two unfunded wars and two unfunded tax breaks.

          • BDC_57

            That we are still paying for.

          • plc97477

            Until we fix the mess the idiot left us with.

          • JSquercia

            Here’s a question for you Who was the ONLY President to CUT taxes during a war ?Oh and BTW Bush took Clinton’s Surpluses and turned them into deficits. Greenspan had worried that Clinton was paying down the federal Debt too quickly

          • BDC_57

            He listen fox fake news to get his information

        • Mark Forsyth

          What a preposterous lying piece of shit you are.That old stale tripe you are spouting is no closer to being true now than it ever was.You would be more credible if you were to go fuck yourself.At least then you would have done something useful.

          • middleclasstaxpayer

            Thanks for showing the true intelligence level of all liberals……you are a real credit to the democrat party & liberals everywhere!

          • Mark Forsyth

            You are such a knuckle dragger that you would not know true intelligence if it bit you in the ass.You are dumb enough to regard it as merely something you disagree with.Make sure you wear a skull cap from now on,you wouldn’t want to lose what little brains you have.

          • middleclasstaxpayer

            You never commented about your boys “investment” prowess, but an almost billion dollar loss in three solar energy firms like Solyndra, 123 battery & Fisker Auto is nothing when we realize that the money Obama spent was “invested” in his biggest fund-raisers & donors….so what that they took the Billion dollars and ran their firms into the ground, they were loyal liberals….BUT I thought Obama wanted to help the poor. Seems like the old adage of one hand washing the other was in play…the rich getting richer…hmmm, I thought Obama was against that?????

          • Mark Forsyth

            O.K.boy,here’s the deal.The Solyndra execs,nor anyone else connected with Solyndra did anything remotely criminal.The company’s bankruptcy,which was rabidly investigated by republicans because Solyndra has the misfortune to receive a $535 million federally guarunteed loan from the Obama administration,was brought on by a collapse in the price of solar panels.Federal loan programs-especially loans for innovative energy technologies,require the government to take risks the private sector won’t take.Indeed,risk taking is what these programs are all about.Sometimes it pays off and sometimes not. It is not a taxpayer ripoff and the gop knows it.They tried to embarass Obama by trying to blow it into a scandal but it failed.They would have made the loan themselves but pretend otherwise even though the law requires it.You need to get off these pages as you will gain no traction here.

          • Michael Kollmorgen

            The Solyndra collapse was probably due to the Chinese reverse engineering these Solar Panels, then selling them to us at cut-throat prices.

            This would mean, any new investment in technology would be reverse engineered by the Chinese and the same thing would probably happen to any company doing it.

            I was told years ago, don’t try to invest or patent anything. Soon as the Chinese get a hold of it, they reverse engineer it and sell it for way less than you would.

            Harbor Freight anyone? Mostly all former US Made Products, now made in China.

          • Mark Forsyth

            I don’t recall the details but China did indeed pump $30 million into mass solar panel production seriously undercutting U.S.produced panels,especially those made by Solyndra,which were higher grade and more technologically superior.So for a time at least,Solyndra was unable to compete.It was hoped that once the consumers negative experience forced them back to buying U.S. products that Solyndra would rise to the top with further financial backing.Unfortunately,the financing did not arrive in time to prevent bankruptcy proceedings.

          • Michael Kollmorgen

            Funny thing about this China crap that is going on………

            Here in Canton Ohio, at Timken Roller Bearing Research Division, Timken, Stark State College and China are funding research to improve Roller Bearing for huge Wind Mills.

            This is all fine and dandy, but don’t be too surprised that China capitalizes on this new technology, reverse engineer it in China, then undercuts Timken’s prices and sells it back here for a greatly reduced price. Of course, you know this cuts Timken’s products out of the picture eventually.

            This is what China has done to every single product we have them make over there then import back here. Needless to say, the former US Made quality just isn’t there anymore. Tools are junk, Stainless Steel products is even worse.

            In reality, our Corporations are slicing their own throats wide open doing this.

            So much for US made anymore.

          • middleclasstaxpayer

            What I like best about your boy are his smart “investments” like 550 Million for Solyndra (Bankrupt), 160 Million for 123 Battery co (Bankrupt, and now Fisger Auto $200 Million (Bankrupt)…he’s batting 1000%

          • Mark Forsyth

            We know he won’t be investing in you,which is a very good move.

          • plc97477

            At the very least save some poor female from having to have anything to do with him.

        • jmprint

          Middleclasstaxpayer you keep spewing out shit. Just thank God that you don’t have to resort to food stamps and welfare. If your rich buddies would pay wages according to inflation and cost of living, we wouldn’t have people hurting so much. If you don’t like this country, move to Korea. Nobody is on welfare there. They are just starving!

          • middleclasstaxpayer

            Another liberal wizard with pithy phrases to show your intelligence level….You are making Obama very proud! You’re one of the boys (or girls).

          • jmprint

            I don’t consider myself as anything but as an individual that believes in God, supports the community, pay taxes, work for my earnings, Thank God I have never needed assistance, but I am proud to pay into a system that helps those in need. I help the economy by employing others, and don’t pay them minimum wage. Life is not simple, but I would rather help others then complain about them. Count your blessing. Oh, I don;t care if President Obama is proud of me, I respect him for what’s in his heart, something GOP lacks.

          • middleclasstaxpayer

            Yes, you have honorable & worthy goals & ideals. But do we really know what’s in obama’s heart when he promised us the most open & honest administration ever, only to ram thru his obamacare before anyone could read or understand it?? Do you think this is the way to run “the most open & honest administration?” And how about all the “payoffs” to liberal fund-raisers & supporters with taxpayer funds that have now proven to be worthless….loans to Solyndra ($555 Million, and Bankrupt), 123 Batteries ($160 Million and now Bankrupt) and now the bankruptcy last week of Fisker Auto at a $200 Million loss. Obama has a perfect investment record…….he lost EVERYTHING he’s invested in so far with other peoples money (US taxpayer money), and it appears all the “investmenst” were in the firms of donors to his campaign & reelection??? You may be honorable, but your hero? NOT!

          • WhutHeSaid

            Well, Obama hasn’t lied us into any multi-trillion dollar wars yet, and that’s an improvement.

          • jmprint

            He may not be perfect, but he is better then Romney, Cheney and Bush all put together. Look at the cost of the needless war. Why aren’t you crying about that?

          • middleclasstaxpayer

            Even liberal heroes like Bill & Hillary Clinton agreed at the time that the war was justified….no one can predict the future, which is even more evident in this WH.

          • jmprint

            Yes the Clintons and other cabinet leaders were lied to also, not just the american people. It still does’nt make it right. Cheney should go down in history as the worst of the worst.

          • WhutHeSaid

            Au contraire — I can predict the future: With Republicans espousing their neanderthal policies and the memories of the Bush administration still relatively fresh, I predict that they will once again lose the Presidential election in 2016. See how easily your bullshit is disproved?

          • Allan Richardson

            How about paying a Halliburton subsidiary to haul “sailboat fuel” (i.e. empty trailers) across Iraq at risk to drivers’ lives? How about the water treatment contracts that made OUR SOLDIERS sick with bacterial contamination? How about $100 per very small load to use washers and dryers on GI uniforms in Iraq, leaving them DIRTIER than they went in?

            As has been pointed out, Solyndra was an example of risk taking that did not work out. There are probably dozens of smaller companies that MADE money and paid the loans back. The whole idea of federally guaranteed and federally subsidized loans is to allow entrepeneurs to take RISKS that private capital will not take. Some work and some do not.

            But this administration did not feed overpriced contracts to his buddies (formerly run by his VP) as the first paragraph above states; contracts that actually made the soldiers in Iraq WORSE off! Maybe you are mad at Obama for getting the soldiers OUT of Iraq so that Halliburton and friends no longer have those contracts.

          • middleclasstaxpayer

            You say some risky investments probably paid off, but NONE have ever been reported by the liberal press….only the almost one BILLION losses from just the three I cite. Obama is on a roll…all he’s invested in so far has failed!!! He’s the AMATEUR Bill Clinton called him in 2008.

          • WhutHeSaid

            While your record of lying is enviable (to other liars), Obama’s investment record is better than the private venture capital market’s success rate. Romney also lied about Obama’s green energy successes, claiming that half of the companies went bankrupt when the actual record is less than 1% failure. Look where this type of lying got Romney.

            Renewable energy has DOUBLED under Obama, so you need to come up with a new lie about how this is bad for the US. Likewise, the US is poised to actually become an energy exporting country in the very near future, which means you have yet another lie that you need to conjure up to belittle his administration.

            You must drink an awful lot, because otherwise I would expect your tongue to burst aflame from all of the whoppers you tell. Better stay away from that 151 proof rum while you are speaking.

          • plc97477

            I noticed you didn’t mention the bailout of the auto industry. Maybe cus that has been a success.

          • BDC_57

            and they paid it back with intrest

        • RobertCHastings

          Amazing how many times you have said this and, along with Lana Ward and a few others, in the face of documented refutation, you simply continue to say it. If a lie is told often enough (by Fox) you will believe it tobe the truth. Either you are totally ignorant, or you have somehow gotten “deficit” and “debt” mixed up. By ANY measure, even that of John Boehner, the US budget deficit has dropped faster in the past four years than ever before in our history. That does not, however, imply that it has been eliminated, or that the effect it has had on the DEBT is negligible. Yes,the DEBT has continued to rise during the Obama administration, but sodid it during the Bush years. The BUDGET DEFICIT during the Bush years continued to rise, while during the Obama years it has continued to drop. Please, do learn to differentiate between DEBT and DEFICIT.

        • JSquercia

          Boy you sound just like Mitt ,a guy who paid less than 15% on his taxes or so he says .We actually only got one years return .The full 2011 return was NEVER made available .His accountant did say in order to make good on his remark about never paying less than 14% Mitt did not take ALL of the Charitable Deductions to which he was ENTITLED .Yeah I am sure that he had already filed an Amended Return taking those deductions .

    • Allan Richardson

      That is because, in their fantasy world, it is 1843 and there is nothing needed for the federal government to do except enforce anti-abortion laws and anti-gay-marriage laws. Oh, and perpetual war to keep the wealthy arms dealers rich with OUR money.

  • This is why I support “Flat tax” As you show the tax law calls tra payers “Legal Entities”. Whether corporation or human we are all entities. Why then are there 2 tax systems and rate structures.? Not logical or LEGAL. Flat tax all 1st time earned money (Gross Revenue or Earnings from humans). Let the reporting systems of corporations do as they will for demonstrating they made money. But it should have nothing to do with the Taxiing methodology. Time for Equality in Taxing.

    • No flat tax why. The smaller your income the larger the percentage of income tax paid. Why do you want to tax the people with the smallest income at the same rate as the wealthy ? Unless of course you are the guy with all the money.

      • Michael Kollmorgen

        Flat Tax means the same exact amount each tax payer must pay. Where does this increase percentage increase? It don’t!

        I do admit though, it would probably impact the lower wager earner harder than any corporation though. Yes, the low wage earner would be the ones who could least afford it.

        • DurdyDawg

          but then look at it now.. The low wage earner is paying the taxes that the rich feel exempt from, so who’s getting scammed? If the flat tax were a reality then it should be mandatory that all loopholes be eliminated.. Your obligated to pay, say 15% then that’s exactly what you pay regardless of the income level.. and get rid of mundane corporate tax breaks.. If you feel you must stay in a five star hotel on one of your extensive b’ness meetings in Cancun or you want to impress a client by feeding him lobster and fish heads or you pick a potential backer up in a Lear jet and limo then make that investment/expense part of the final deal settlement instead of sucking off the taxpayers. I know it would never happen but it’s not a crime to dream.

          • Michael Kollmorgen

            Absolutely, all these tax loopholes would have to be totally closed, no exceptions.

          • Allan Richardson

            Would Flat Tax people be in favor of at least having personal exemptions and deductions for REAL casualty losses? Such as medical bills? Burglary and theft not covered by insurance? Natural disasters that destroy homes? In other words, MERCY deductions, as opposed to fake tax shelters?

          • Michael Kollmorgen

            Would they? Good question.

            It would appear they wouldn’t even approve “help” if it was a disaster-caused. Look at the last hurricane disaster on the east coast. Republican refused to vote for additional disaster funds to help them out.

            And, in the end, they only approved it due to all the bad press they were getting.

            F-em, let em suffer is the usual republican agenda these days.

          • plc97477

            How about the tax loopholes that help poorer kids get a good education? or help parents pay for child care for those who have to work to put food on the table.

          • BDC_57

            they don’t care about the kids unless it’s ther own.

          • Michael Kollmorgen

            You know darn good and well which loopholes to close. With those, no exceptions.

          • DurdyDawg

            That’s not a tax loophole skippy.. That’s aid to our society who’re in need, not a corporate perk that the tax payer has to pay for.. You misunderstand and or take the definition of ‘loophole’ in an abstract way.. Social Security isn’t a tax loophole, aid to children and families isn’t a tax loophole.. Banking in a foreign country because it’s a shelter from paying US taxes, renting a limo for business purposes in stead of purchasing one as a business investment is a tax loophole. A corporation such as the oil industry who received tax breaks in the beginning of their business but because it was never stated that once they began making profits it would cease is now taking advantage by making the g’ment continue subsidizing their multi-billion dollar industry is a tax loophole.. You can never convince me that the examples you quoted is a tax loophole.

  • Eleanore Whitaker

    It all comes down to how much patience and endurance the average Middle Class American has when it comes to the GOP idea that “what goes around comes around.” Your employers pay you and then you hand it right back to the employers with the billions we all pay in tax subsidies and with their price gouging of their goods and services.

    The reality the GOP won’t admit, much less confront is that Corporations today absolutely refuse to tap into profits. But…here’s what they call profits…all incoming revenues before their bills and payrolls are paid to employees. So they cut away benefits these employers are supposed to pay and still call them “employer paid benefits.”

    When employees no longer get 401K matches from employers? When employees are paying 35% out of their paychecks for healthcare insurance the employer is supposed to pay, if he makes the claim he offers “employee benefits?” What benefits? And how isn’t that making the profits his employees earn for him go right back into his fat, offshore, tax free bank account? No employer lives in a ghetto or drives a jalopy…until they do…they can stuff their whining in a sack and stop using our tax dollars to pay their bills while their profits remain untouched.

    Take a good look at how badly these privatized GOP crony capitalists have been subsidized by your tax dollars. Do you get bang for those bucks like they do for their price gouged imported crappola they sell in the US? Americans are slowly waking up to the fact that the GOP only wants tax dollars to hand over to Corporate America. That’s NOT NOT NOT what your tax dollars are for. When business and government overlap as it is at present, do you still have a government? Or, are you a citizen of the new US government “Corporate America USA?”

  • charleo1

    We frequently hear that America is deeply divided. North, South, Rich, poor,
    rural, city, Conservative, Liberal. Supposedly, we all read the same article.
    Yet, the poster, going by the name, middle class tax payer, doesn’t seem to
    mind, or doesn’t believe it matters, that people in his income strata will pay
    more, and have less opportunities for eduction, or, advancement to higher
    incomes, because of the policies lobbied for, and granted to, these corporate
    tax cheats. See, we need to figure out, what makes a fellow stand on his lowly
    little perch, and sing so loudly in defense of a system that cheats him, and
    enriches a group of people, that have demonstrated time and again, they
    have no values, beyond increasing their own bottom lines. And even that, has
    become nothing more, than a game they play with each other, as a pass time.
    In that secretly recorded speech, at a, $25,000 a plate fundraiser for a man
    that wanted to be President of this Country. Yet, admitted to this group of his
    peers, he had nothing to offer the 47% of lower income people. Something
    this group was already well aware of. He said, they already don’t pay any taxes.
    So, what more can the Republican Party, and people like us, here in this room,
    offer this bottom 47%? Better wages? No. That would be increasing overhead.
    We don’t intentionally do that, now do we? Healthcare? Who in this room has
    a problem paying for their healthcare? How many of your policies fully cover
    cosmetic surgery? Yes, I can see that! Education? Trouble paying tuition for a
    college your parents just donated 5 million dollars to? I don’t think so. So the man who
    wanted to be our President, wanted it so much, for what? If he would have continued
    being as honest as he was, when he pointed out that it was really tough to get
    this 47% to vote Republican, we might have all found out what Mitt Romney thought
    he wanted to be President to do. He might have said it’s really difficult to win, when
    you’re a member of a political Party that works so hard for people at our income level. But works just as hard aganist the best interests of most every other income group.
    It’s just that we have so little in common with the majority of Americans. But, he got ugly, and dishonest, And accused half the Country of acting like somebody owed them a living. Which, I think many Americans were actually surprised to learn this upper crusty group thought that about them that way.

  • George C Saufley

    Pragmatic ethic plasticity based on hierarchy! We are more important we provide the economic, structural machinery that makes jobs and keeps the economy running therefore we have the right to take advantage of the masses. Just like the military officers including the Chaplin that borrowed the Spec 4’s car got drunk “hit and run” and then tried to blame it on the Spec 4 (Over simplified example ) Most Psycho-sociological matrices are more complex No it’s not God teaching the masses or the Sec 4 humility nor is the Spec 4 insane it is the “top dogs” using God,Professionals or their networking as “toilet paper” to protect their narcissistic reputations. The “Lucifer Effect” plays out on the stage of life> I know because I jumped through the legal hoops and won..

  • It is clear that some need to stop watching Faux news and step into reality for a wee bit. Course if they tell a lie often enough and loud enough some fool will believe it is gospel.

  • the poor and middle cass will always take it in the shorts.. simple enough, the rich run the government and will do nothing to hurt their own pocket books or the huge donors that help them get elected. we the people need to vote some honesty into office by getting rid of all who are currently there as it is the only message they will understand. we the people are just as guilty if we dont vote them all out.

    • Michael Kollmorgen

      Well, at least half of this country are assholes who are the ones that got them into office in the first place.

      Why even vote them out? The way the american public thinks, they’ll be just replaces with someone else who with all probability, do the same dam thing.

      What needs to be changed and voted out is the very form of our government. Capitalism and so-called democracy hasn’t worked for a long time, might never had.