Middle Class Hosing

On a daily basis, the American people are being lied to by our politicians, corporations and certain media. We’ve all heard comments from our political representatives about how corporations need tax breaks to create jobs, and they pay 35% in taxes. The reality of the situation is, we the people are providing our tax dollars to many of these corporations in subsidies. Tax subsidies are paid to the health insurance companies, banks and big oil. In 2009 Exxon Mobil, General Electric, Bank of America, Citi Fed and others, paid zero tax dollars. All of these corporations turned profits, and in a few cases, record setting profits.

Lynnley Browning investigated this issue and wrote in the N.Y. Times August 2008, “Two out of every three United States corporations paid no federal income taxes from 1998 through 2005, according to a report released Tuesday by the Government Accountability Office, the investigative arm of Congress.”

Articles found at Forbes, CNNMoney and other sources reinforce what Ms. Browning deduced.

This isn’t an issue of Republicans versus Democrats, or even the Tea Party. It’s an issue of what is happening to the middle class in this great nation. We are being sucked dry by corporate leeches who are controlling our government.

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