Here's a perfect example of why we need to get the crooks out of Washington. General Electric earned 14.2 billion in profits worldwide, including 5.1 billion on U.S. operations, last year. How much tax did they pay? $0. That's right, zero, zip, zilch, nada. And that's not the worst of it. Thanks to all the special interest tax breaks and credits their bought politicians managed to insert in the tax laws over the years, they actually ended up with a $3.2 billion tax credit! Corporate taxes historically made up 30 to 33% of federal tax revenue. That was back when we actually had politicians who cared about our country, instead of building their personal fortunes and futures. Today, corporations only contribute 6% of tax revenue. Meanwhile they continue to complain the U.S. tax burden is too high, and continue moving operations and jobs overseas.
How much did you pay on your meager little income? Does that frost your drawers enough to make you remember come Nov. 2012?
Vote every damn one of them who isn't a Tea Party member out come 2012.
Dumb Farmer
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