When the Hell is Enough Enough?
Republicans fought long and hard to get the 35% statutory corporate tax rate lowered. They claimed it made U.S. companies less competitive than their foreign counterparts. At the same time, Republicans KNEW that corporate effective tax rates averaged much less.
In 2016, the Senate Budget Committee’s Ranking Member received a report from the GAO on effective tax rates. The GAO report, using tax years 2006-2012, found:
The statutory tax rate on net corporate income ranges from 15 to 35 percent, depending on the amount of income earned. For tax years 2008 to 2012, profitable large U.S. corporations paid, on average, U.S. federal income taxes amounting to about 14 percent of the pretax net income that they reported in their financial statements (for those entities included in their tax returns). When foreign and state and local income taxes are included, the average ETR across all of those years increases to just over 22 percent.
Insanity is… well, you know.
Even so, the GOP majority got their way in 2017, rewarding those big-money donors at the expense of American taxpayers. In 2019, a report from ITEP (Institute on Taxation and Economic Policy), Corporate Tax Avoidance in the First Year of the Trump Tax Law found:
When drafting the tax law, lawmakers could have eliminated special breaks and loopholes in the corporate tax to offset the cost of reducing the statutory rate. Instead, the new law introduced many new breaks and loopholes, though it eliminated some old ones.
Key Findings:
The 379 profitable corporations identified in this study paid an effective federal income tax rate of 11.3 percent on their 2018 income, slightly more than half the statutory 21 percent tax rate.
91 corporations did not pay federal income taxes on their 2018 U.S. income. These corporations include Amazon, Chevron, Halliburton and IBM. An ITEP study released in April 2019 examined 2018 Fortune 500 filings released to date and found 60 companies paid zero in federal income taxes. Now, all companies have released their 2018 financial filings, and this report reflects that.
Another 56 companies paid effective tax rates between 0 percent and 5 percent on their 2018 income. Their average effective tax rate was 2.2 percent.
Now, instead of the mere 27 companies paying no income taxes in 2015, we’ve jumped to at least 91 companies avoiding taxes in 2018.
Feeding Corporate Pigs
Fast Forward to 2020. A raging pandemic, over 300,000 U.S. deaths, huge job losses, people facing evictions or losing their homes, and THIS is what Trump and Republicans insisted be part of the latest COVID Relief Plan:
Corporations will now be able to deduct 100% of the cost of “business meals”.
Paying 50% of their meals was obviously too burdensome, so Americans will pay even more now to prop up our so-called “self-made” corporate Americans. We already subsidize their
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Bad Debts
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Not to mention yachts, planes, second homes…
Now we can feed them, too.
Meanwhile, working families are struggling to put food on their own tables. Republicans are vile, despicable people who’ve never given a rat’s ass about America.
obese baby he is. To avoid the risk of losing favor, everybody is offering him emotional rattles to play with until he stops crying and starts packing his things. 
I’m not conceding anything tonight, by the way, but, losing, if that’s what happens, it’s awful.
When you don’t have anything intelligent to say, the best thing to do is JUST NOT TALK. Conservatives have yet to master that type of self-control, even after decades of making fools of themselves. Today’s case in point: Star Parker, who recently weighed in on the shooting at Marjory Stoneman Douglas High School in Florida, as reported by 
As opposed to say… holding a seat on the Supreme Court hostage for 
After his fingers and toes were depleted, he probably tried an abacus, but couldn’t figure out how to use it. 
Michael Snyder runs the website “The Economic Collapse”, where he claims he puts “a very high priority on love” (Which is obviously why he’s written such a hateful post). He calls himself “one of those Christians that actually believes the Bible.” (Just not that Ephesians 4:25 thing: Therefore, having put away falsehood, let each one of you speak the truth with his neighbor, for we are members one of another).
Sorry, where was I? Oh yeah, we Liberals hate:
Maybe what he means here is the childish pricks who have modified their “big trucks” to “spew great plumes of black exhaust smoke — just like the trucks at truck-and-tractor-pull competitions.
What sane person doesn’t? The REAL point here is that Snyder, a “good Christian” and all, doesn’t hate this pig. Limbaugh has suggested, among other things, that poor children should look for food in dumpsters..
The day they explain how Adam and Eve got belly buttons, I’ll pay attention.
My weekly look at the Right Wing’s most ridiculous statements, unhinged characters, and all-around foolishness.
goes out to 
As we know, Republican priorities are strange things. Idaho Rep. Ron Nate believes that his state, ranked 
Hey Fellas, guess what?
The Republican Party, abandoning any pretense of public service, has begun full burn legislating against the interests of the American people. After eight years of obstruction, they are in a fury to pass bills that will accomplish two things: Undoing everything President Obama did, and/or burn America to the ground.
Bob Corker (R Millionaire TN) meanwhile, lamented that his party might not find the “moral courage” to destroy Social Security, Medicare, and Medicaid, as the 
