G.E. pays no tax & Gets 3.2B handout
As with many other things, isn't it finally time we complained about the real problems?
The root causes of some of our deficit?
Granted unnecessary wars, handouts to lazy people, undeserving people & conniving people contribute a lot to the mess, and we need to acknowledge them all, but corporations that make billions in PROFITS and pay no taxes. need to be pay their share. As does the medical industry, which overcharges for services rendered and in too many cases charges for services NOT rendered (medicare fraud).
Yes. i know the "caveat" in this, the major corporations will take their headquarters overseas, since the U.S. is already the highest in corporate taxes. But the point is, if we can get ALL to pay their fair share, then we can lower corporate tax rates.
And if they do try to "extort us by threatening to leave the country, then we treat them as we do all other "terrorists" and freeze all their assets. And make no mistake, threatening the government is is a form of terrorism. ..
2 Comments:
Disgusting, but for some reason I am not surprised. Go figure...
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