Thursday, December 26, 2019

While we were sleeping

Greed will eventually be the end of the U.S. of A.

Sadly lost again in all of the hoopla surrounding the piece of shit that is Donald Trump, is the fact that  Fortune 500 companies last year had an average tax rate of 11.3% on record profits, which is less than most average citizens pay on millions less in income.  Ninety-one companies in the Fortune 500 paid nothing, another 56 paid less than 5%.  Corporate taxes have fallen to 1% as a share of federal revenue, as republicans continue to ensure that the rich get richer and the rest of us get fucked.

Something to think about the next time you're driving down the road and get cut off by a Fed Ex driver:  remember that that truck that is driving on roads you paid for belongs to a company that paid zero in federal taxes last year, and therefore zero for the road on which you just got cut off.

It's only a matter of time before the economic payback shit storm hits, and it will not be pretty for Corporate America at all.

Fuck Donald Trump,
emaycee

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