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Limbaugh: Elizabeth Warren, for Advocating Fair Taxation, is a 'Parasite'

De facto head of the GOP and all-around blowhard Rush Limbaugh had the gall to call Elizabeth Warren a “parasite” and “an arrogant condescending, conceited snob who has profound resentment” last week in his latest attempt at throwing cold water on anything approaching rationality in political dialogue.

So one has to ask what Warren said that was so upsetting to the right-wing provocateur.

There is nobody in this country who got rich on his own. Nobody! You built a factory out there? Good for you! But I want to be clear: You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You built a factory, and it turned into something terrific or a great idea: God bless! Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.

But hey, I get it. Anything that says there is a social compact automatically makes right wingers like Limbaugh hyperventilate. They’d rather sacrifice a good economy, schools that educate our young, and yes, a social contract that helps our seniors stay out of poverty than tell the most privileged of our society that they have to pay a larger share of their income in taxes than their secretaries. If that were my goal, I’d be pretty angry at Elizabeth Warren too.

Elizabeth Warren 1. Rush Limbaugh, right wingers, space cadets, nitwits and bullies 0.

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Boehner to Consider Ending Subsidies to Big Oil

House Speaker John Boehner has finally acknowledged what Americans have known for a long time yet Congressional Republicans don’t seem to understand: the immensely profitable energy industry really doesn’t need federal subsidies, particularly when eliminating these needless giveaways would save our cash-strapped treasury up to $45 billion over the next decade.

“It’s certainly something we should be looking at,” Mr. Boehner said in an interview with ABC World News. “We’re in a time when the federal government’s short on revenues. They ought to be paying their fair share.”

Boehner goes on to say that President Obama is to blame for high gas prices, so voters will register their frustrations by voting against him in 2012. However, it’s more likely that Americans will feel similarly frustrated with the knowledge that while they are writing their check to the IRS each year and watching Congress cut the programs that matter most, huge companies are receiving enormous subsidies while raking in record profits. We would all be better off if Congress redirected these favors to big business toward creating jobs for the middle class.

Also, while we're at it, requiring the country’s biggest companies to pay more than $0 in taxes would make sense too.

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Why do YOU pay more taxes than G.E.?

GEDo you pay taxes? Guess who doesn't. America's largest corporation: General Electric.

G.E. did not pay any taxes on their $14 billion in profits last year and instead got a $3 billion tax refund.1 But it doesn't end at G.E....

Senator Bernie Sanders of Vermont put out a Top 10 list of corporations with high profits and no taxes in recent years including Exxon-Mobil, Chevron, Bank of America, Goldman Sachs, Boeing and Carnival Cruise Lines. Over the last two years, Wells Fargo earned $37 billion in profits but got a $4 billion tax refund.2 And Hewlett-Packard reported over $9 billion in profits last year, but paid the same amount in taxes as someone earning just $30,000 a year.3

Tell members of Congress: Before gutting the budget of necessary programs that help middle-class and poor Americans, make sure corporations are paying their fair share!

This is not about business incentives, which are fine and can be valuable in helping to kick start the economy. This is about a system gone completely off the rails in which corporations are getting an unnecessary free ride at the expense of everyone else.

Congress is on the verge of shutting down over Republicans' demands for deep, draconian cuts to everything from public broadcasting and reproductive health to college loans and programs that feed poor children. So why aren't increases in revenue, beginning with basic Tax Fairness for corporations, on the table too? Conservatives seem hell-bent on slashing funding for every program under the sun that helps ordinary Americans, including Social Security and Medicaid, just so they can protect corporations' free ride.

The New York Times reported that corporate taxes made up 30 percent of all federal revenue in the mid-1950s, but as of 2009 were only 6.6 percent of total revenues. It's not hard to see that closing loopholes and ending billions of dollars of giveaways in corporate welfare could solve most if not all of our budget problems. Don't let this Tea Party Congress pay for corporate welfare on the backs of poor and middle-class families. Demand Tax Fairness Now!

Call on Congress to collect corporations' fair share in taxes before forcing through cuts that will harm millions of Americans.


We need to change the conversation and now is the time. While Republicans, the media and too many conservative Democrats continue to play to the false narrative that deep cuts are necessary, including cuts to essential retirement and health care programs, everyone is ignoring the real elephant in the room: that profit-swollen corporations are shorting America and its taxpayers billions of dollars every year. Congress can show they are really serious about budgets and deficits by making corporations pay their fair share, and making it the top priority over cuts.

After taking action, please help spread the word.

Thank you for all that you do to defend the American Way.

1. http://www.nytimes.com/2011/03/25/business/economy/25tax.html
2. http://wallstcheatsheet.com/breaking-news/economy/the-top-7-corporate-ta...
3. http://www.makewallstreetpay.org/bigbankdrain/big-bank-tax-drain.pdf
 

 


 

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