Corporate Profits: Corporate Blackmail

[georgephillip]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

 

[Gunny]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

And it will continue as long as Einstein's like YOU don't blame who is at fault. The policy's of our current "fearless rockstar leader" -- Herr Obama -- have created this.

Corporations have existed since this Nation began. Obama's Euro-leftist tax any-and-everything to death policies have not. The corporations wouldn't leave without a bunch of government-forced, socialist regulations ripping them off.

It disgusts me to see people can be so blind and stupid.

 

[georgephillip]

Corporations were here before this nation began.

It was East India Company tea that was tossed into Boston's harbor, and once the generation of Americans who fought the Revolutionary War died off, corporations began a slow, steady corruption that wasn't interrupted until the Great Depression.

Obama's the biggest threat to working Americans that I've seen in my lifetime.

I would argue that's due to his fealty to those "savvy businessmen" from Wall Street and GE that he relies on for his corporate-friendly policies.

"Unequal Protection": The People's Masters | Truthout

 

[VaYank5150]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

And it will continue as long as Einstein's like YOU don't blame who is at fault. The policy's of our current "fearless rockstar leader" -- Herr Obama -- have created this.

Corporations have existed since this Nation began. Obama's Euro-leftist tax any-and-everything to death policies have not. The corporations wouldn't leave without a bunch of government-forced, socialist regulations ripping them off.

It disgusts me to see people can be so blind and stupid.

Then it would be prudent for you to NOT look in the mirror. Are you really partisan or dumb enough to believe that corporations weren't leaving prior to Obama's administration?

 

[georgephillip]

"The American Majority project includes a list of policy experts who have written that deficits are not the major threat to U.S. prosperity, and that getting revenue back into the budget is far less damaging than cutting spending and crippling needed programs for low income and elderly Americans."

The American Majority Rejects Austerity, Wants Jobs | Common Dreams

"Our review of a broad range of reputable polls on economic issues finds a big difference between the policy solutions that dominate the discussion among policymakers and media pundits and what the majority of average citizens would like to be brought to the forefront."

The American Majority Project Polling | OurFuture.org

 

[boedicca]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

What a crock.

 

[boedicca]

"The American Majority project includes a list of policy experts who have written that deficits are not the major threat to U.S. prosperity, and that getting revenue back into the budget is far less damaging than cutting spending and crippling needed programs for low income and elderly Americans."

The American Majority Rejects Austerity, Wants Jobs | Common Dreams

"Our review of a broad range of reputable polls on economic issues finds a big difference between the policy solutions that dominate the discussion among policymakers and media pundits and what the majority of average citizens would like to be brought to the forefront."

The American Majority Project Polling | OurFuture.org

The American Majority Project pins the bogometer.

 

[georgephillip]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

And it will continue as long as Einstein's like YOU don't blame who is at fault. The policy's of our current "fearless rockstar leader" -- Herr Obama -- have created this.

Corporations have existed since this Nation began. Obama's Euro-leftist tax any-and-everything to death policies have not. The corporations wouldn't leave without a bunch of government-forced, socialist regulations ripping them off.

It disgusts me to see people can be so blind and stupid.

Then it would be prudent for you to NOT look in the mirror. Are you really partisan or dumb enough to believe that corporations weren't leaving prior to Obama's administration?

Once Japan, Germany and the rest of the industrialized world rebuilt from the devastation of WWII, US corporations began selling the idea of raising living standards in the "third world" to those in Detroit, for example.

Apparently the idea was really to drag down Detroit's standard of living until it approached that found in parts of India and China.

We seem to be getting fairly close to the corporate end game as far as income inequality is concerned in this country. Solutions like this one offered by Richard Wolff: "Inform them (corporations) that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses," will never come to public attention in our current corporate controlled government and media circles.

The Great Corporate Tax Swindle | Common Dreams

 

[georgephillip]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

What a crock.

Are you afraid of a little competition?

"Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses."

The Great Corporate Tax Swindle | Common Dreams

 

[Moving to USA]

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

Lets pretend for a moment that I am the owner or CEO of some mega corporation. I'm making millions, no, billions. I also employ a very large number of workers at a fair wage while producing a needed product.

Now lets put all of your actions into play. What would I do?

I would transfer as much money offshore as I could get away with, I would shut down the corporation, pay off the share holders at an inflated rate and I would move to the country that my money was sent to.

No loss by my leaving. However, thousands become unemployed over night, some needed product is no longer available and whatever tax the country took in the past from my business would no longer exist.

I'm sure someone will suggest that another company would just move into position to take up the slack, and I'm sure that is a correct assumption. How long with this economy will it take for that new company to reach the level that I was at before closing down.

There is no better way to get a politicians attention than by crimping their wallet.

You don't fix a free economy by taxing business out of business.

 

[Toro]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

If you want to drive the economy back into recession, this is a great way to do it.

 

[Toro]

Are you afraid of a little competition?

"Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses."

The Great Corporate Tax Swindle | Common Dreams

State owned enterprises are notoriously poor allocators of capital. They generally destroy wealth. I certainly don't want my tax money going towards equity for a wealth-destroying enterprise.

 

[Old Rocks]

For the production and management of items, a well regulated capatilistic system has worked better than any other yet devised. For national projects, defense, health care, national parks, maintenance of the commons, government has done a better job.

I really don't give a damn about the ideologies of the two differant camps, I want to see what has worked in the past, and for whom.

 

[Maseman]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

Common Dreams url

FLUSH the DC toilet in 2012.

What a crock.

Are you afraid of a little competition?

"Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses."

Common Dreams

Say what? You want private industry, who are beholden to the laws passed by government, to compete with an entity (government) that doesn't have to answer to owners; doesn't have to earn a profit; has an endless supply of taxpayer revenue at its disposal and can print money out of thin air? How exactly does the private sector compete against government? Oh yeah, it can't.

But advocating that they be forced to do so gets us closer to your common dream. Communism is responsible for starving and murdering hundreds of millions of people. Maybe you just think it just hasn't been tried by the right people yet, and that this time it will be different.

Sure.

Economics, it's not for everyone.

 

[boedicca]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

What a crock.

Are you afraid of a little competition?

"Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses."

The Great Corporate Tax Swindle | Common Dreams

The Soviet Union...Have You Heard Of It?

It was an Epic Fail of the same ideas you are promoting.

 

[rdean]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

And it will continue as long as Einstein's like YOU don't blame who is at fault. The policy's of our current "fearless rockstar leader" -- Herr Obama -- have created this.

Corporations have existed since this Nation began. Obama's Euro-leftist tax any-and-everything to death policies have not. The corporations wouldn't leave without a bunch of government-forced, socialist regulations ripping them off.

It disgusts me to see people can be so blind and stupid.

I missed the links to those "policies", but not the Nazi reference.

I guess that means you are simply another "shit stain".

 

[georgephillip]

What a crock.

Are you afraid of a little competition?

"Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses."

The Great Corporate Tax Swindle | Common Dreams

The Soviet Union...Have You Heard Of It?

It was an Epic Fail of the same ideas you are promoting.

Only one state in all history lost more jobs in a single decade than the US shed between 2000-2010.

The Soviet Union in the last 10 years of its existence.

Today, the richest 1% of capitalists continue to prosper thanks to government bailouts, subsidies and tax loopholes.

That's beyond epic failure...it is mass suicide.

 

[georgephillip]

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

Lets pretend for a moment that I am the owner or CEO of some mega corporation. I'm making millions, no, billions. I also employ a very large number of workers at a fair wage while producing a needed product.

Now lets put all of your actions into play. What would I do?

I would transfer as much money offshore as I could get away with, I would shut down the corporation, pay off the share holders at an inflated rate and I would move to the country that my money was sent to.

No loss by my leaving. However, thousands become unemployed over night, some needed product is no longer available and whatever tax the country took in the past from my business would no longer exist.

I'm sure someone will suggest that another company would just move into position to take up the slack, and I'm sure that is a correct assumption. How long with this economy will it take for that new company to reach the level that I was at before closing down.

There is no better way to get a politicians attention than by crimping their wallet.

You don't fix a free economy by taxing business out of business.

Where do you see a "free economy" in today's world?

Thanks to a $13 trillion taxpayer-supplied bail out, the richest 2% of Americans have nearly doubled their "fair" share of returns to wealth (rents, interest, dividends and capital gains) in less than one generation.

This has come at the expense of millions of lost jobs, homes, savings and retirement plans.

The best way to get the attention of US politicians is to FLUSH hundreds of Republicans AND Democrats from DC starting with the White House in November of 2012.

Michael Hudson: Obama's Greatest Betrayal

 

[georgephillip]

Sky-high corporate profits occurring at the same time most US families continue to struggle with high unemployment and stagnant wages are said the be beyond the reach of government.

Any attempt by natural citizens at taxing windfall profits or stopping the billion$ in government subsidies and tax loopholes would result in corporations relocating their production or reducing the activities in the US. Or both.

Elected Republicans AND Democrats fall over each other caving in to corporate blackmail.
Is there an alternative?

Here's "a brief and partial list" of how elected officials could respond to such threats:

"• Inform such threatening businesses that the US government will shift its purchases to other enterprises.
• Inform them that top officials will tour the US to urge citizens to follow the government's example and shift their purchases as well.

• Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses.

• Immediately and strictly enforce all applicable rules governing health and safety conditions for workers, environmental protection laws, equal employment and advancement opportunity, etc.
• Present and promote passage of new laws governing enterprise relocation (giving local, regional and national authorities power of veto over corporate relocation decisions).
• Purchase energy and pharmaceutical outputs in bulk for mass resale to the US public, passing on all the savings from bulk purchases.

• Seize assets of enterprises that seek to evade or frustrate increased taxes or reduced subsidies."

The Great Corporate Tax Swindle | Common Dreams

FLUSH the DC toilet in 2012.

If you want to drive the economy back into recession, this is a great way to do it.

The recession never ended for the vast majority of Americans while the richest 1% of Americans have increased their "fair" share of national wealth since late 2008.

 

[georgephillip]

Are you afraid of a little competition?

"Inform them that the government will proceed to finance and organise state-operated companies to compete directly with threatening businesses."

The Great Corporate Tax Swindle | Common Dreams

State owned enterprises are notoriously poor allocators of capital. They generally destroy wealth. I certainly don't want my tax money going towards equity for a wealth-destroying enterprise.

How much wealth has Wall Street destroyed lately?

$40 trillion globally is the latest figure that I've seen.