[u]Corporations should be required to pay their fair share of taxes[/u]. Off-shore tax havens and tax-dodging schemes should be made illegal. Stock buy-backs should be illegal (used to be prohibited, the Reagan administration legalized stock buy-backs in the 80s.) We the taxpayers should not be billed for corporate bailouts and subsidies. FYI - Huge parts of corporate holdings are declared non-taxable income. As a result, the super wealthy and corporations pay a much lower effective tax rate than us regular citizens. No more tax cuts for billionaires and corporations!
@DogMan Social Security and Medicare are [u]earned benefits.[/u] We pay into those programs out of our paychecks. SS and Medicare are exactly the correct role of government : meeting human needs. Both those programs should be expanded and protected.
@Reason10 *Social Security and Medicare are earned benefits, not "entitlements". *If by welfare you mean General Assistance, that is a tiny expense in federal spending. Bail-outs and subsides for corporations are the[b] real[/b] welfare. Corporations soak the tax-payers in many ways. [u]America has socialism for corporations and unregulated capitalism for the rest of us. [/u] *Corporations and the super wealthy stash their money in off-shore tax havens, taking it out of the economy. *Corporations used the huge 2017 tax cuts for stock buy-backs, which create no jobs or new wealth. *Corrupt defense contractors steal hundreds of billions from the American tax-payer by drastically over-charging. Congress must enact a yearly independent audit of Pentagon spending. There must be serious penalties, including jail time, for over charging.
