Tuesday, May 05, 2009


President Obama announced yesterday that there would be a crackdown on all those tax shelters overseas that are keeping the Federal Government from collecting taxes that are owed by corporations. There are 13,000 of these corporations in the Caymen Islands alone. Must be all mail boxes, because I don't think the islands are big enough to hold that many Corporate Headquarters.

Rachel Maddow had this last night.


Gordon said...

The wingnuts are all going crazy over this. How dare that commie Obama try to make them pay their share!

skyewriter said...

The RW media is all over this, saying that it's going to lead to the collapse of American industry if companies have to pay taxes.

Um, haven't they been only paying something like 2.3% and absconded with billions of dollars? The only people who *should* be affected by this are CEOs. Sadly, it may be the little guy once again, who takes another one for the team that hates him.

Grandpa Eddie said...

Gordon - They're all going nuts over this because they all know they're all gonna have to start paying their fair share of taxes instead of pushing it off onto the working class.

I, for one, have been paying not only my share of the National Budget but their's also, and I'm fucking sick and tired of it. I'm paying to protect them and their wealth and they aren't paying to help cover the cost of that same protection.

Grandpa Eddie said...

skyewriter - The RW media has the same attitude as the wealthy and the Rethuglicans. They want the working class to pay for everything so they can keep their wealth to themselves. It's about fucking time they had to pay what they owe.