Anarchist420
Diamond Member
I don't think anyone should get handouts, nor should anyone have to pay taxes, but this is just ridiculous in addition to all the regulations they get (examples include but are not limited to minimum wage, FCC, import quotas, IP, fiat currency, a central bank, "public safety" regulations, WTO).
In other words, more than 6% of the Federal budget is handouts to corporations. This includes:
At least 120B in military contracts.
At least 20B for Medicare Part D
Negative Tax rates like GE got last year. I would've been fine if it got a zero tax rate, but GE actually got money back!
Other subsidies not including medicare part d and the military contractors totalaled about 103B 5 years ago. Adjusted for inflation, that's now at least 120B, not even including the bailouts and the regulations. So we're looking at at least $260B/year in welfare to corporations that likely suck so bad that they need the government to help them.
If you add all the regulations they get, none of which make for free and independent states, we're looking at a cost of $3-10T/year to the average person.
We're making people rich when they give worse than nothing (like the Merchants of Death) in return and it seems like many people are fine with it whether they're Republicans or Democrats. If the Democrats still say how great the fascist minimum wage is, then the corporatist whores in the Republican Party won't care if we have a minimum wage.
The Republicans say, "ZOMG, the IRC hasn't been fiddled with enough to be revenue neutral and don't forget those corporations need protection not equal to everyone else, but more than everyone else", then the Democrats say, "we need to raise taxes on the rich, continue spending even more on corporations, and we need to give even more social security to people who don't need it".
Bill Clinton said that corporate welfare was good, but how can anyone honestly say that it has enriched society?
In other words, more than 6% of the Federal budget is handouts to corporations. This includes:
At least 120B in military contracts.
At least 20B for Medicare Part D
Negative Tax rates like GE got last year. I would've been fine if it got a zero tax rate, but GE actually got money back!
Other subsidies not including medicare part d and the military contractors totalaled about 103B 5 years ago. Adjusted for inflation, that's now at least 120B, not even including the bailouts and the regulations. So we're looking at at least $260B/year in welfare to corporations that likely suck so bad that they need the government to help them.
If you add all the regulations they get, none of which make for free and independent states, we're looking at a cost of $3-10T/year to the average person.
We're making people rich when they give worse than nothing (like the Merchants of Death) in return and it seems like many people are fine with it whether they're Republicans or Democrats. If the Democrats still say how great the fascist minimum wage is, then the corporatist whores in the Republican Party won't care if we have a minimum wage.
The Republicans say, "ZOMG, the IRC hasn't been fiddled with enough to be revenue neutral and don't forget those corporations need protection not equal to everyone else, but more than everyone else", then the Democrats say, "we need to raise taxes on the rich, continue spending even more on corporations, and we need to give even more social security to people who don't need it".
Bill Clinton said that corporate welfare was good, but how can anyone honestly say that it has enriched society?
