Monday, December 27, 2004

A friend sent me "Corporate Income Taxes in the Bush Years", a joint report by Citizens for Tax Justice and the Institute on Taxation and Economic Policy, shows that many corporations have paid no income tax whatsoever in the Bush years.

The Bush Administration and Congress believe that there should be no corporate taxes at all. They want a government as small as possible so that there is no social responsibility for programs like health care, Social Security and education. They can't legislate this directly because America is compassionate, but all they have to do is to provide tax loopholes. These corporations do business in the United States, but don't pay their dues. This is un-American and puts further pressure on the lower and middle classes who have to make up the taxes that the corporations aren't paying.

We've seen buyblue.com. Maybe we should have a similar listing of corporations who won't pay taxes, who "incorporate" off-shore to avoid taxes and who outsource American jobs.

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