Comments (29) (Please sign in to comment)

1. 

   jmattadams said, about 2 years ago

   IT pays to be friends with Obama. YOU don’t.
2. 

   tbetz said, about 2 years ago

   I’m Changing My Name to Chrysler by Tom Paxton

   Oh the price of gold is rising out of sight And the dollar is in sorry shape tonight What the dollar used to get us Now won’t buy a head of lettuce No the economic forecast isn’t right But amidst the clouds I spot a shining ray

   I can even glimpse a new and better way And I’ve demised a plan of action Worked it down to the last fraction And I’m going into action here today

   CHORUS: I am changing my name to Chrysler I am going down to Washington D.C. I will tell some power broker What they did for Iacocca Will be perfectly acceptable to me I am changing my name to Chrysler I am headed for that great receiving line So when they hand a million grand out I’ll be standing with my hand out Yes sir I’ll get mine

   When my creditors are screaming for their dough I’ll be proud to tell them all where they can all go They won’t have to scream and holler They’ll be paid to the last dollar Where the endless streams of money seem to flow I’ll be glad to tell them what they can do It’s a matter of a simple form or two It’s not just renumeration it’s a liberal education Ain’t you kind of glad that I’m in debt to you

   CHORUS

   Since the first amphibians crawled out of the slime We’ve been struggling in an unrelenting climb We were hardly up and walking before money started talking And it’s sad that failure is an awful crime Well it’s been that way for a millenium or two But now it seems that there’s a different point of view If you’re a corporate titanic and your failure is gigantic Down to congress there’s a safety net for you

   CHORUS:

   I am changing my name to Chrysler I am going down to Washington D.C. I will tell some power broker What they did for Iacocca Will be perfectly acceptable to me I am changing my name to Chrysler I am headed for that great receiving line So when they hand a million grand out I’ll be standing with my hand out Yes sir I’ll get mine
3. 

   Harolynne said, about 2 years ago

   Hey, I thought America had the highest corporate taxes in the world! Oh, that’s right - just because we have the taxes doesn’t mean the corporations actually pay them.

   So, I guess I’ll have to keep paying the taxes for the banks, the utilities, the media, and on and on…
4. 

   Bill Ewing said, about 2 years ago

   Shoulda changed the name to “Soros.” He doesn’t pay anything, either, as all his holdings are offshore.

   Yet he is probably the most powerful, not to mention richest, man behind the scenes and pulling this administration’s strings.

   BTW: Corporations, in practice, don’t pay taxes, per se.

   All “corporate taxes” paid to the government are just a “cost of doing business” and is passed on to the consumer, you and me, in the form of product prices.

   The fiction of “corporate taxes” is just that!

   Also, when the item is sold, sales taxes are collected on the item which means it is double taxed, and, in effect, a tax on a tax. Contra-Constitutional.

   Think on it!
5. 

   Jase99 said, about 2 years ago

   ^ You’re paying a hell of a lot more in executive pay and compensation than you are taxes. Get over it.
6. 

   INGSOC said, about 2 years ago

   The democrates had created more jobs, yet mainly within the IRS…. Something like 1,500 new hire’s to take care of our tax dollars…. Since they all know that they are the cause of the National Debt skyrocketing…. Thanks alot dems for making matters much worse….
7. 

   Radish said, about 2 years ago

   More tax breaks for the rich and for business will create jobs and solve everything, or so I keep hearing over the last ten years or more.
8. 

   Harleyquinn said, about 2 years ago

   Well when you learn how to lose money here to game the tax system http://blog.timesunion.com/business/what-was-your-irs-tab-for-ge-it-was-zero-nothing-zip/19312/

   Of course no corporation pays tax, they just pass the high corporate rate down the line to those who buy the stuff. http://www.taxfoundation.org/research/show/22917.html

   But in GE case I guess it helps to go on vacation with the president. http://apcheck.blogspot.com/2011/03/obama-brings-us-ceos-to-brazil.html
9. 

   Harleyquinn said, about 2 years ago

   FAIR TAX!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
10. 

    nighthawks said, about 2 years ago

    earlier comment: IT pays to be friends with Obama. YOU don’t.

    you mean he not only pals around with domestic terrorists, he pals around with corporation executives and gives them tax breaks? wow! the evil of this man is beyond comprehension

    likewise the stupidity of that comment
11. 

    motivemagus said, about 2 years ago

    Guys, GE made record profits this year. They also managed to organize their revenue such that the US owes THEM money. For all this “companies pass their costs onto consumers” nonsense you spout, taxes ARE part of the cost of business. If nothing else, they use our national resources! GE makes large items that go down our highways, remember? They put plants here where it is protected by our military. Their people get the rights of anyone resident in or a citizen of the US. Should they pay nothing? Talk about the illegal aliens! Not to mention the industries that get to use national lands for a pittance: loggers, oil drillers, miners. Shouldn’t they pay for their land and access the way private individuals must? If we should pay taxes to support the efforts of our government, so should they. As for you who seem to think corporations should pay nothing, you’re costing US money. And our government, as corporations start to control it anyway. Oh, and jmattadams - that WAY predates Obama. Get your freakin’ facts straight.
12. 

    Harleyquinn said, about 2 years ago

    I wonder if GE payed the government to ride with Obama to Brazil?

    “Consequently, and soon after his appointment, Immelt announced that GE will buy 50,000 Volts in the next two years, or half the total produced. Assuming the corporation qualifies for the same tax credit, we (you and me) just shelled out $375,000,000 to a company to buy cars that no one else wants so that GM will not tank and produce even more cars that no one wants. And this guy is the chair of Obama’s Economic Advisory Board?”

    http://www.forbes.com/2011/03/16/chevy-volt-ayn-rand-opinions-patrick-michaels.html
13. 

    motivemagus said, about 2 years ago

    Oh, and for those of you who are actually fact based: http://www.nytimes.com/2011/03/25/business/economy/25tax.html?_r=2&hp Be sure to read how Reagan objected to this practice from the company he was a spokesman for.
14. 

    babka said, about 2 years ago

    and where’s the list of the structural flaws in designs of General E’s liquid metal fast breeder Nuclear Reactors? And how many of them are in the USA? And where are they?
15. 

    Simon_Jester said, about 2 years ago

    Rightwing Rhetoric, 2001:

    “Cut corporate taxes, NOW!

    Rightwing Rhetoric, 2003:

    “Coprorate taxes are still too high!”

    Rightwing Rhetoric, 2004:

    “John Kerry is going to raise corporate taxes. Vote Bush!”

    Rightwing Rhetoric, 2006:

    “Taxes unfairly penalize corporations!”

    Rightwing Rhetoric. 2008:

    “America has the highest corporate taxes in the world! Cut them…NOW!”

    Rightwing Rhetoric, 2009: “Why do Liberals have a problem with corporations making money?”

    Rightwing Rhetoric, 2010: “”Keep the Bush tax cuts! Corporations already pay too much!”

    Rightwing Rhetoric” “Can you believe what GE did? AND IT’S ALL OBAMA’S FAULT!!!!!”
16. Load the rest of the comments (14).