This is just a note to remind you that just because someone in Congress says he cares about you and promises to help you doesn't guarantee he really will help you.
-----lee
Published by Mona Allie at 11:07 pm under Solidarity
Sen. Ron Johnson (R- WI) argues against ending the subsidy which allows U.S. Corporations with plants in China to be taxed at a lower rate than if their plant was located in United States.
Johnson went on to argue that instead of killing the subsidy, the U.S. should lower it’s corporate tax rate by 15 percent to be on par with China and not be at a “competitive disadvantage.”
In the video below, Johnson is repeatedly caught off guard by Citizens for Tax Justice’s Director, Bob McIntyres use of facts and logic. Whenever Johnson get’s into trouble, he runs to Koch brother’s hack, Scott Hodges from the Tax Foundation, for some ridiculous, Orwellian explanation of why down is up and ice is fire.
Corporations are sending jobs overseas that are badly needed here in America. Corporate America is raping our economy while paying less taxes than the average person — some getting enormous returns from the I.R.S. while the working class pays.
Senator Ron Johnson (R-WI) today issued the following statement regarding the debate over federal funding for fiscal year 2011:
“The only reason a government shutdown is even possible, is because President Obama and congressional Democrats failed in their responsibility to pass a fiscal year 2011 budget. This budget should have been passed last August, and their failure and lack of leadership is now coming back to haunt us.“We have been operating under temporary continuing resolutions for the first half of this fiscal year. The current argument is over a couple of billion dollars when this year’s deficit will be close to $1.5 trillion. It’s time to get serious about the fact that we are bankrupting America.“I encourage all my colleagues – Democrats and Republicans – to stay focused on the issue: restoring fiscal sanity.“We need to get past this year’s budget, and move onto the more serious discussion of our nation’s long-term fiscal health. Congressman Paul Ryan’s just released FY2012 budget begins that serious discussion. Let’s get to work.”
Bullshit. Ryan’s budget affords nothing to average Americans. It’s solely supportive of the wealthy and it will run us into an economical free fall.
Corporations are taxed less and given every advantage because this tactic is supposed to create jobs — jobs they send overseas and Johnson now wants us to reward them.
As if we needed further proof that the threat of a government shutdown was truly about the economy.
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