America's filthy cabal of corporate slobs managed to grow another pustulating boil on the leperous skin of America's crumbling collective human dignity according to a new report from the Institute for Policy Studies showing that a quarter of the nation's top-paid executives took home larger checks than the ones their corporations mailed to the IRS. Bonus boil: many of those companies also spent more on corporate lobbying and campaign contributions than they paid in taxes! Let's have a random example: "[General Electric CEO] Jeff Immelt earned $15.2 million in 2010, while the company got a $3.3 billion federal refund and invested $41.8 million in its own lobbying and political campaigns." Ho-boy! So, this must mean there is some good news here for the average American, right??
So GE doesn't send millions to the IRS, and sends it instead into Immelt's bank account. Explain again why shareholders are thrilled with this.
New trickle-down theory. Public financing of elections begins, corporate tax loopholes are abolished, government uses the increased revenue to start new infrastructure projects, increasing employment. Money trickles down to the poors in the form of wages. Oh, sorry, that's socialism, we can't have that here.
See? If <i>they&#039;re</i> doing the twenty-so jobs instead of us, that must justify the zillion-dollar salaries, right?
STOP WHINING, POOR PEOPLES!
And the WWE&#039;s NwO!
It was Shakespeare.
So GE doesn&#039;t send millions to the IRS, and sends it instead into Immelt&#039;s bank account. Explain again why shareholders are thrilled with this.
as an unemployed american i can honestly say fuck darrell issa and the horse he rode in on.
i had to check the byline. tots thought it was ken.
New trickle-down theory. Public financing of elections begins, corporate tax loopholes are abolished, government uses the increased revenue to start new infrastructure projects, increasing employment. Money trickles down to the poors in the form of wages. Oh, sorry, that&#039;s socialism, we can&#039;t have that here.