Is it just me or are we heading toward a Soviet era fascist society run by the mega corporations in this country? We have socialism in the US but it’s socialism for the mega-corporation and the oligopolies. With the new laws in place making corporations on par with citizens as far as campaign finance and lobbying is concerned, we are a nation for the corporations and by the corporations at this point! When did the Tea Party become the Plutocracy Party????
While I like Ron Paul and I respect his views on many things, I can’t get behind the so called “Tea Party” push for lowered corporate tax rates. To me, this is the biggest travesty of all — why should the elderly eat cat food while Exxon pays a lower tax rate? Is that freedom?
What we should have in America is a system that mirrors the personal income tax using graduated, sliding tax rates (brackets) so that small businesses (under $1BN in Operating Income) are taxed at a max of 20% and companies making over $10 Billion in income are taxed at 40% instead of the current 34% rate. Letting them get away with a 25% tax rate is utter fascism and should be resisted by Americans at all cost.
It is just plain crazy to assume that bigger is better when small business creates the jobs, innovation, entrepreneurship, opportunity, and breakthroughs in this world. Big business leads to big time corruption, and that’s what we are seeing on both sides of the isle in America today. Allowing more handouts to be given to big business will simply crowd out the Americans from the American economy! These big companies create few jobs (in America) and earn their money overseas anyways… If they want to leave, let them leave! We would be better off starting a real economy over from scratch anyways.
Shame on both the Democrats and the Republicans for considering lowering the tax rates of Proctor and Gamble, Amazon, Google, and Exxon… Clearly, the bigger the buying power you have the bigger the influence you have in Washington.
Taxing corporations on a sliding scale would allow our budget to be balanced, our personal income taxes to come down, and our politics to be kept in check. Letting the mega cap corporations control every aspect of public policy is Fascism, not Democracy…
If corporations want to leave the US and move to Europe or Asia, let them. Wait until Portugal, Italy, and Greece default and the Euro is worthless… They will come running back to the US begging for forgiveness. You can take our money and our property but you can’t break the spirit and determination of the American Dream. Americans will always find a way to work harder and become more successful than the other guy and it is our unbreakable spirit that makes this country the best place in the world to do business. If corporations don’t want to be good citizens, let them “go global” — we don’t need them anyhow! We can farm our own land, drill our own gas, and make our own goods. The globalism threat is simply not going to scare us anymore because we simply don’t make good slaves!
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