To: President Donald Trump, Rep. Warren Davidson (OH-8), The United States House of Representatives, and The United States Senate
MAKE CORPORATIONS PAY TAXES TO END DEFICIT.
Many of the most profitable CORPORATIONS PAY NO TAXES, while receiving huge TAX REBATES and SUBSIDIES and making POLITICAL CONTRIBUTIONS to lobby for even more tax benefits for themselves! We demand a minimum corporate income tax rate be imposed to balance the national deficit.
During the past five years, OVER $230 BILLION has been STOLEN FROM TAX PAYERS to pay these bum corporations rebates and subsidies. Many of these corporations lobby for more tax benefits for themselves, support warfare for additional profit, and are involved in natural resource extraction without concern for the global environment or indigenous peoples.
BOTH PARTIES THINK WE'RE SO STUPID that they can pretend to argue over what group of CITIZENS is supposed to pay for the national deficit or what social program should be gutted to balance the budget.
Corporate taxes in the U.S. are at a 40 year low, with many of the most profitable companies paying nothing at all. If the top "Dirty 30" companies had paid the full 35 percent corporate tax rate over the 2008-11 period, they would have paid $78.3 billion more in federal income taxes.
Here's the link http://www.ctj.org/pdf/USP-RepTax-Report.pdf to a list of the Dirty 30 CORPORATIONS THAT PAID NOTHING, BUT RECEIVED TAX REBATES AND SUBSIDIES WHILE MAKING HUGE PROFITS. The corporations should be required to reimburse the federal government for the taxpayer-funded rebates and subsidies that resulted in "negative" tax rates. Whether recovery of these funds is possible or not, we demand a minimum corporate income tax rate be imposed to balance the national deficit.
During the past five years, OVER $230 BILLION has been STOLEN FROM TAX PAYERS to pay these bum corporations rebates and subsidies. Many of these corporations lobby for more tax benefits for themselves, support warfare for additional profit, and are involved in natural resource extraction without concern for the global environment or indigenous peoples.
BOTH PARTIES THINK WE'RE SO STUPID that they can pretend to argue over what group of CITIZENS is supposed to pay for the national deficit or what social program should be gutted to balance the budget.
Corporate taxes in the U.S. are at a 40 year low, with many of the most profitable companies paying nothing at all. If the top "Dirty 30" companies had paid the full 35 percent corporate tax rate over the 2008-11 period, they would have paid $78.3 billion more in federal income taxes.
Here's the link http://www.ctj.org/pdf/USP-RepTax-Report.pdf to a list of the Dirty 30 CORPORATIONS THAT PAID NOTHING, BUT RECEIVED TAX REBATES AND SUBSIDIES WHILE MAKING HUGE PROFITS. The corporations should be required to reimburse the federal government for the taxpayer-funded rebates and subsidies that resulted in "negative" tax rates. Whether recovery of these funds is possible or not, we demand a minimum corporate income tax rate be imposed to balance the national deficit.
Why is this important?
Many of the most profitable CORPORATIONS PAY NO TAXES, while receiving huge TAX REBATES and SUBSIDIES and making POLITICAL CONTRIBUTIONS to lobby for even more tax benefits for themselves! We demand a minimum corporate income tax rate be imposed to balance the national deficit.