Do you Trust this President and Congress to Overhaul Corporate Taxes [View all]

[FreakinDJ]

In No Way do I trust them to Represent the Interest of the Working Class Americans when it comes to Overhauling the Corporate Tax Code

The "Deal Sweeteners" already being floated out of Washington are cuts to Social Security, Medicare, and a Roll Back of Home Mortgage Interest Deductions.

The majority of the American Public believes the drivel we have a "Progressive Tax Rate" on personal income which simply isn't true. Families making as little as $130K once deductions are figured in will pay a LOWER Rate of taxation then families making as little as $50K annually. Millionaires as Mittens so eloquently demonstrated pay even less.

Now Consider the Corporate Tax Code, which through numerous special deductions and Tax Avoidance Strategies provides financial incentives to outsource American Jobs to China. Allows Mega-Profitable Multinational Corporations such as Apple, Google, and GE pay little or NO Taxes at all.

A Corporation can move all their assets offshore to avoid Taxation, and receive a Tax Credit for doing it.., but if you or me wanted to move our Hard Earned 401K Savings offshore so we could retire in a place where we could afford Healthcare then we would have to pay Capitol Gains on that money.

Sorry Folks - but my message to President Obama on this one is "Thanks but No Thanks"

After he caved on every issue of the ACA which would have actually benefited Working Class Families - "Thanks but No Thanks"

After they gave nothing but Lip Service to saving Millions of Families going through foreclosure - "Thanks but No Thanks"

After allowing Wall St. Banks to walk Scott Free after Trashing the Economy and even Rewarded them with $Trillions in QE1, QE2, and now QE3 - "Thanks but No Thanks"

Sorry - but any thing that would come out of this Group of Corporate Thugs would be merely "Lipstick on a Pig"