Could you imagine what the Tea Party would be saying right now if there was a law on the books that allowed immigrants to indefinitely avoid taxes on income sent back to family members in the old country, in Mexico and Venezuela and India? Imagine the uproar if Barack Obama, in the middle of this historic revenue crunch and “We’re so broke the world is going to end tomorrow!” debt-ceiling hystgeria, decided to declare a second “one-time tax holiday” for, say, unwed single mothers, or recipients of public assistance? Middle America would be running through the streets, firing shotguns out its truck window, waving chainsaws in mall lobbies, etc.
As it is, leading members of the Senate are seriously considering giving the most profitable companies in the world a total tax holiday as a reward for their last seven years of systematic tax avoidance. Hundreds of billions of potential tax dollars would disappear from the Treasury. And there isn’t a peep from anyone, anywhere, on this issue.
We’re seriously talking about defaulting on our debt, and cutting Medicare and Social Security, so that Google can keep paying its current 2.4 percent effective tax rate and GE, a company that received a $140 billion bailout en route to worldwide 2010 profits of $14 billion, can not only keep paying no taxes at all, but receive a $3.2 billion tax credit from the federal government. And nobody appears to give a shit. What the hell is wrong with people? Have we all lost our minds?
Matt Taibbi, “Corporate Tax Holiday in Debt Ceiling Deal: Where’s the Uproar?”
Yeah, I just can’t anymore…

(via cognitivedissonance)
I know it’s not Your Local Professional Sports Team Winning/Losing The Championship but this deserves a street-riot, guise.
(via youlikemealready)
Someday people will stop letting corporations feast on their bones. Maybe.
(via karnythia)
Notes:
-
seannet reblogged this from reasonedoverreaction
-
reasonedoverreaction reblogged this from solitaryforager
-
-electronic-book-reader-reviews liked this
-
anindiscriminatecollection reblogged this from hairtrending
-
weatherall liked this
-
bemsie reblogged this from themythsaredead
-
swingitandmix liked this
-
blitzcomet reblogged this from femmenoire
-
emily84 liked this
-
epistolaefeminae reblogged this from femmenoire and added:
Wordy McWorderson…People, we’re defaulting on debt that already exists, not going into further debt…I can’t even...
-
athinkinganimal liked this
-
femmenoire reblogged this from neptunesnet
-
neptunesnet reblogged this from thepersonalispolitic and added:
“What the hell is wrong with people? Have we all lost our minds?” just about sums it up.
-
themythsaredead reblogged this from thepersonalispolitic
-
thepersonalispolitic reblogged this from kelly-thistle
-
realitista reblogged this from solitaryforager
-
secretjunk liked this
-
gusbritish liked this
-
thegermansmakegoodstuff reblogged this from waycoolhacky and added:
The people who control these corporations also control: Our government The media Go back to bed, America.
-
waycoolhacky reblogged this from truth-has-a-liberal-bias
-
digitalmeowmix liked this
-
feu-follet liked this
-
broadcastdepth reblogged this from qweerdo
-
chazaq liked this
-
zosky reblogged this from robot-heart-politics
-
readnfight liked this
-
lmarley liked this
-
lmarley reblogged this from karnythia
-
marshlights reblogged this from desliz
-
desliz reblogged this from darlingtonia-californica
-
lotofgear reblogged this from loveyoutrick
-
loveyoutrick reblogged this from cognitivedissonance
-
xoericxo liked this
-
patientrecords liked this
-
darlingtonia-californica reblogged this from qweerdo
-
robot-heart liked this
-
powlsy reblogged this from karnythia
-
qweerdo reblogged this from karnythia
-
masteradept reblogged this from karnythia
-
emandink reblogged this from karnythia
-
spinsteraunt liked this
-
karnythia reblogged this from youlikemealready
-
lowendtheory liked this
-
youlikemealready reblogged this from dopegirlfresh and added:
I know it’s not Your Local Professional Sports Team Winning/Losing The Championship but this deserves a street-riot,...
-
gnomeplayground reblogged this from shellmybelle
-
aquadragon reblogged this from of-praxis
-
loki1181 liked this
-
tokyounic0rn reblogged this from mellamancalle
-
algae-diva reblogged this from queerandpresentdanger
- Show more notes