|
Dear America,
Some of you may have seen the recent 60 Minutes story about how I and my fellow corporations have been obtaining post office boxes in Sweden to avoid paying corporate taxes. Well, I want to thank you for understanding our plight. Despite that I am setting records for profit; I must renounce my citizenship so that I can pay 15% corporate taxes to Sweden, vice 25% to the United States. It doesn’t matter that I have made my fortune in America (thank you), and it doesn’t matter that the people you elected to represent you set 25% as the “reasonable” tax rate for me. I simply disagree, so I am taking my money and hiding it overseas. You would do the same, but you really can’t compete with me. I spend $100K on a politician, and I get $2B in return…you just can’t beat that type of return on investment.
You see, if I were to pay 25% in taxes, instead of 15%, I would only be able to give my CEO a $40M bonus, vice a $70M bonus. I must keep the “best and the brightest”, you know?. I’m sure that if “you” were working at a job and only got a $40M bonus, you’d move on to “better” things. I also need to pay 15% in taxes instead of 25% so that my shareholders get a return of 12% vice 8%. Remember, when I say “shareholders”, you don’t think of my CEO who has 500,000 shares of stock in a $250M portfolio, you must think of the poor middle class retiree who has $30000 in a 401k. It is that poor middle class American that is most on my mind. He’s the one I really look out for. A “rising tide”, and all that...
I don’t want you to think I’m ungrateful. Were it not for your fantastic infrastructure and highway system, I’d have a hell of a time getting my goods to market. Your public education system ensures that I have a highly educated and skilled workforce to develop, manufacture and market my products, and for that I am eternally grateful. I’m just not grateful enough to pay for it.
So America, that’s the way it’s going to be. If you lower the corporate tax rate, I might just bring all this money back home. I promise I wouldn’t lavish it on bonuses or corporate jets, or use it to buy more politicians. I’ll pay my fair share, but only what I say is fair…and only until I can get a better deal elsewhere, ‘cause that’s what I do…and remember…I do it for the little people.
Love,
The Corporation
|