Testy? Yes. Testy. I am a bit upset by something I've read, recently, and what better place to be upset than right here.
I need to point out that I have spoken with LM (Love Muffin) about this - that is to say, I ranted a bit - and she said, "Uh huh. Yeah. Whatever. Take the garbage out, will ya?" I get the distinct impression that the thing I'm upset about hasn't created the same kind of outrage in her. In fact, I think she could care less. Yeah. Whatever. I took out the garbage.
I read, in a report sourced from the New York Times, the General Electric Corporation, the largest corporation in these United States, made 14+ Billion dollars in profit last year. Which is good. Great, in fact, for G.E., stockholders and corporate executives. Not so good, however, for you and me.
General Electric paid NO FEDERAL TAXES. On more than 14 Billion dollars in profit. In a country where corporate income tax is 50%, they paid NONE. In fact, they were GIVEN more than 3 Billion dollars as a result of tax incentive deals. So. Not only did they NOT PAY 7 Billion dollars in taxes, they GOT 3+ Billion dollars from the Federal
The Federal Government is contemplating cuts to Social Security, Education, the Arts, and Public Broadcasting.
I wonder how many (and I'm willing to bet my LIFE that G.E. is NOT the only large corporation paying zero or LESS in taxes to the federal government) programs would need to be cut if the Large Corporations were paying, in taxes, what they rightfully SHOULD pay.
In the case of G.E., just how far would 7 Billion Dollars go?
The Government took MY money. Accepted it gladly. My little bit.
Why, oh why, are they NOT taking any money from G.E.?