Man, there are so MANY mis representations in this I don't know where to start.Originally Posted by waterdog101
First it says that Bachmann wants to cut corporate taxes to 9%. Yea that is right, but it FAILS to say that she also wants to CLOSE the loopholes that allow the likes of Google to pay an effective rate of 2.4%. Where is the rest of the story?
Second.....it talks about how Capital gains will only help the top 1 %. Then in the LINK associated with that ******** statement, it talks about how 68% of all gains are paid by the wealthiest 1%. So the other 32% of that 100%....I wonder how much capital gains they pay? The statement is misleading.
Third........Again it talks about how bachman wants to lower corporate taxes, costing 1.3 trillion in revenue over 10 years......It fails to say that it will collect additonal unknown revenues that are currently offset by using creative accounting..........that would go away.
Fourth.......I'm really tired of researching the buillshit about how corporations don't pay taxes. I've posted stuff here before, but I guess most folks on the left either cannot read or simply fail to read, or whatever.
YEA, there are some companies.........a very small number, that are creative and don't pay taxes. GE comes to mind. BUT in the case of GE, in 2008, their financial arm lost BILLIONS and BILLIONS of dollars. Those losses offset gains they made, so yea, they didnt' pay taxes for a couple years. This year, they paid something like 20 billion.
Same thing with Goldman, same thing with Exxon, same with a lot of other companies.
Now if you really want to know what is killing the American Dream.......how about we REALLY LOOK. We have created generations of welfare rats. Those folks will NEVER see the American Dream. They have been institutionalized. We have created generations of folks who rely on food stamps. 1 in 7 rely on this handout. How many of you have been in line behind someone using this Aid. They eat better than I do......I've seen it FIRST HAND....and I bet you have too. How many times have you wanted to reach out and SMACK THE **** out of the person spending YOUR MONEY. How will they EVER value a dollar.........they've never NEVER MADE ONE.
Enemployment Fraud, Workers Comp Fraud, Disability Fraud.....all those folks will NEVER see the American Dream.....why try.....they have learned to game the system, and live off it.
Yea, the AMERICAN DREAM has been killed by the AMERICAN HANDOUT.
Later,
Geo
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