We Cannot Allow This to Continue ...

[Indydem]

6. Pageantry

This is just fucking stupid. A ploy to get us worked up over something that is, deeply irrelevant.

78 Billion dollars seems like a lot of money, right? We should be fucking OUTRAGED that they have so much money! They haven't paid any taxes! OUTRAGE!!!!

Well then there is math. Math is science. It's root is in logic. So let's do some.

"Since 2008" is 5 years. $78b /5 and we have $15.6b per year.

Now we apply the 35% federal income tax rate for corporations: $5.46b

So if we were to tax these corporations at their maximum tax rate, we would have enough to fund the government for about 12 hours.

The budget deficit for 2013 was $680b. So taxing these corporations at their maximum level would have reduced it by about .8%.

But what does that mean? Well that means that it doesn't FUCKING MATTER how much 3 corporations paid in taxes.

This is just to get you worked up about something. Are you going to fall for it?