General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums30 companies had a combined profit of $163+ billion, but paid less than zero taxes. I.e.,
they had a tax liability of MINUS 10.6 billion. The American middle-class gets
hammered. And we, the American people are basically doing nothing about it.
In fact, few of us even know anything of the above. I certainly didn't.
And there are thousands of companies doing the same thing. If the super-rich
paid the same rate of taxes as the middle-class did, there wouldn't have been
a national debt to begin with.
So, are we going to let this nonsense and insanity go on forever?
It's high time that we, the middle-class, banded together in a united front
and DEMAND that the super-rich pay the same rate of taxes that we do.
And we must keep on making this demand loud and clear until it actually
gets done.
http://theeconomiccollapseblog.com/archives/abolish-the-income-tax-you-wont-believe-who-is-getting-away-with-paying-zero-taxes-while-the-middle-class-gets-hammered
kenny blankenship
(15,689 posts)"Business Friendly"
You wouldn't want us to get labeled as antibusiness now wouldya?
http://www.nytimes.com/2012/02/23/business/economy/obama-introduces-plan-to-cut-corporate-tax-rate.html?pagewanted=all&_r=0
Initech
(100,034 posts)Cal33
(7,018 posts)that the super-rich pay at least the same rate of taxes as we do. We've simply
been silent and dumb doormats for far too long. And we've got to keep on
demanding this until it is done.
RC
(25,592 posts)Until we can buy more state and federal legislators than they can, it ain'ta gonna happen. The system is corrupt from the bottom to the top.
Cal33
(7,018 posts)have never even heard of the above? As I said, I certainly did not, until today. Let's
begin by "making noise" so that as many people as possible get to hear this. Give
them the names of the companies, the dates, the amount of profit each of them
made, and in which years.
And, what's more, I wouldn't be surprised if some of these companies are receiving
stipends from the government -- our money -- in short, to cover their "negative tax
liabilities."
How many deaths have they caused among those who were on the borderline of
poverty and who had been pushed below the poverty line and couldn't afford their
medical bills?
I can imagine that quite a number of these super-rich that we must deal with are
conscienceless sociopaths. They're not bothered in the least for causing unnecessary
deaths among the poor because of their inability to pay their medical bills.
I think we've got to stand together, present a united front, and "make a lot of non-
stop noise." It will take time, but it will catch on. And crooked politicians need votes
to keep their jobs. That's where we can hit them -- hard! Do as we say, or else!!
kentuck
(111,052 posts)k&r