Big Biz, Dems Rebel on Offshore Tax Reforms

"business groups note that the US already has a much higher corporate tax rate than other industrialized nations..." What does it matter what the tax rate is, US corporations pay at best only 3-4% of their income in taxes, thanks to their having 90% of congress on their payroll, writing tax laws that are more loophole than law. In addition, when a huge corporation announces plans to build a new plant, they are besieged by everyone from senators to aldermen, offering incentives, tax breaks, loosened regulations, ad infinitum to lure the plant to their community. The US is the largest concentrated consumer market in the world because air, water and road infrastructure, paid for by me and you, allows corporations to reach this market. These giant corporations are the real deadbeats in this country, sucking blood from the taxpayers, sending jobs overseas, and polluting our countryside, while reaping the benefits from the educational system and infrastructure that we the taxppayers paid for. Collect every dime we can from these blood suckers, and if their bottom line is impacted, then they can rescind the obscene $50-100 million bonuses their CEO's "earn." Reply

Another joke-members of congress really don't want reform-it all has to do with the top 5% of Americans -some things never change-but then they did in Rome with their top 5% leading the way down...so as we fall and the top 5% takes us down by their greed.. what country will rise from the ashes? China? Reply

American People's representatives rebel only for the sake of big money. Obama's trying to rescue health care by finding new sources of money so that American people can be cared for. Yet members of Congress rebel not for health care but for the big money. It's all so clear, that it's sad. Reply