Thursday, February 24, 2011

Change The Channel

I poked around the internet looking for corporations that paid zero taxes in 2009. It's easy to do, just ask Google.

Not only are there many corporations that paid NO federal taxes, but General Electric got a billion dollar REFUND!

I ran across an article featuring Google, stating that their effective tax rate, in the USA, is 2.3 percent. Worse than that, in the same article, it was stated that Facebook is preparing to structure their corporation the very same way in order NOT to pay their fair share.

The reason the corporate tax rate is so high in this country, compared to the UK and China, is because so few are paying their fair share. So lets look at what Obama talked about: let's close those loop-holes and lower the corporate tax rate.

What really pisses me off is that I'm told that I have to pay my fair share when corporations, classified as individuals in this country, are not paying their fair share.

I was asked by someone who thinks I should be forced to pay my fair share of income taxes, what I paid. The person who asked me, is a card carrying democrat who watches Glenn Beck; an oxy-moron.

If I paid anything, it wasn't much.

I'm raising 2 little ones, and have a 19yr old teenager living with me, and make about $35,000 a year. I don't have cable, or a car payment. My truck has 216,000 miles on the odometer.

AND I don't take ANY government assistance.

This is no one's fault, but mine, and I'm not complaining. And I DO get many allowances because of this and I happily take them.

But I don't have a lobbyist, or a PAC, or roving bands of tax lawyers that went out and got those allowances for me. I got online, fired up Turbotax, and whatever is there I take it, but I wasn't looking for a hand out and I wasn't looking for loop-holes.

What you CANNOT DO is look at me and believe that I am the problem. If you DO think I'm the problem and that forcing a guy like me to pay more taxes is going to fix it, then you need to change the channel.

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