Wednesday, September 7, 2011

Bachmann Open to a '0% Corporate Tax Rate'

Republican presidential candidate Michele Bachmann said Sunday that she was "open" to implementing Sarah Palin's suggestion that all corporate income taxes be abolished. READ MORE ------------- Thing is, foreign countries aren't going for this. Instead they tax corporations and give the public job security, free college education, cradle to grave healthcare, vacations and unemployment pay. In fact, as illustrated below in the Lush Bimbo, video, some corps are actually getting U.S. refunds, and yet they're still not hiring. So, while we're funding corporate tax breaks, letting them walk away with billions in profits that they give to their top executive in the form of bonuses and multimillion dollar pay outs, instead of distributing them as dividends. Our college grads are burdened with enourmous debt loads, while most of our population can't even go to college. Stuck in low paying jobs, with no heath coverage, no vacations, they're doomed to a life of flipping burgers, mopping floors and emptying often steamy bedpans. All while paying taxes, to make up for what the rich aren't being required to pay. Some country eh?

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