Quote:
Originally Posted by Villages Kahuna
11% of the Fortune 500 companies haven't paid a dime in taxes for three years. And 28% of the U.S. largest companies have avoided paying any taxes in at least one of the last three years.
The mantra that we continue to hear from the far right...not everyone mind you, just the most ideologically conservative...is that taxing our job creators would be economically destructive.......
Yet, the most fiscally conservative among us continue to argue that modifying the tax code and tax rates, if it produces even one additional dollar in revenue to the government is a bad thing. Their position is so entrenched that they won't even enter into a negotiation on significant spending cuts if a revenue increase is part of the deal......
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The booming interest in Cain's and Perry's FLAT TAX plans that would
abolish and replace the current tax code MESS proves that those "entrenched" in liking the current federal tax structure are being quickly outnumbered.
Every day, more people are "getting it" that it's the TAX CODE that permits all these corporations to be exempt from paying the taxes that they should pay, and it's the tax code and all its loopholes are the source for all the lobbying corruption.
Of course the proposed flat tax plans would have to be studied, analyzed and have details worked out by Congress and the White House. It's not going to be just a decree by the President on Jan. 21, 2013!!
The
only thing certain in all this is that the current Congress and White House
want it the way it is now.....
if they didn't have anything to gain from the current tax system, they'd have changed it already!!!!
That "gain" is t
heir political power, not the general welfare of our citizenry.
That's why we have to get rid of them and replace them in Nov. 2012!!!!