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Wednesday, January 25, 2012

More disgusting news about corporations, their lobbying and taxes

There is a somewhat commonly now-known article that came out at the end of last year that pointed out "Between 2008 And 2010, 30 Big Corporations Spent More Lobbying Washington Than They Paid In Income Taxes." (see link below) And that's bad enough. That's pretty disgusting. Rather than do "the right thing", the moral thing and pay their proper amount of taxes, these 30 companies paid more paying off their legislators in various ways, than they did in taxes. Really repulsive. Reprehensible, for sure. But you know what? That's not the worst of it, either. If you think about it, they also WROTE OFF these "lobbying expenses" as "business expenses" on their taxes. So besides not paying as much in taxes and paying more for these bribes to our legislators, they also have us--you and me, the American taxpayer--pick up the tab for this ugly, obscene immorality. Really, they are disgusting. There is no decency in these people. It's "all money, all the time" and "money for money's sake." Pitiful. Link: http://thinkprogress.org/economy/2011/12/07/383779/30-big-corporations-taxes-lobbying/?mobile=nc

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