Thursday, December 20, 2012

The GOP Corporate Welfare Scam

Corporate welfare is a term “coined by Ralph  Nader  in 1956 to describe “a government’s bestowal of grants and/or tax breaks on one or more corporations or other special favorable treatment from the government” (wordiQ.com)


So, when Tea Partied Republican Congressional members give you the scripted talking points that if taxes on the upper one percent are increased and corporations are more regulated,  it will a) increase the deficit, b) punish job creators , and c) discourage job creators from creating jobs remember – it’s all a scam!

GOP CORPORATE WELFARE SCAM
SPIN DETECTION FACTS
“Tax hikes for the wealthy will increase the deficit”


“Tax cuts have been the single largest contributor to the reemergence of substantial budget deficits in recent years” 

Most Recent Report on Tax Cuts
Congressional Budget Office


“There is a need to raise the highest rate to help reverse the nation’s growing burden of debt”.

Documented endorsement of over 200 wealthy members of the Patriotic Millionaires for Fiscal Strength  network


“The economy has grown strongly over the past several years because of the tax cuts”
“The 2001-2007 economic expansion was sub-par overall, and job and wage growth were anemic.”

Tax Cuts: Myths and Realities
Center on Budget and Policy Priorities 

“Even if high-income taxpayers have received the largest gains from the tax cuts, taxpayers across the income spectrum have benefited”
“Over a period of 12 years, tax rates for the richest 400 Americans were effectively “cut in half” at the same time that their total income  skyrocketed to over $6 billion”

 IRS Report – April, 2011


“Under the GOP approach the richest one percent would pay $50,660 less in taxes then under the President’s approach while lower income groups would pay $150 more on average under the Republican approach.”

US Taxpayers and Bush Tax Cuts
Citizens for Tax Justice


“People who make more than $1 million should pay a 30 percent effective tax rate so that the wealthiest Americans won’t continue to pay lower tax rates than middle class families”.
 
Billionaire Warren Buffet


“When it comes to taxes, not all income is created – or taxed- equal”, and “despite the time-honored value of rewarding hard work, our tax code gives preferential treatment to income derived from pre-existing wealth instead of income earned from work.”

Documented endorsement of over 700 wealthy members of the Responsible Wealth network


“Entrepreneurs and investors who pay low taxes, build companies and create millions of jobs”
“Dozens of rich entrepreneurs have already gone on record confirming that a modest hike in capital gains and income taxes would not have the slightest impact on their desire to create companies and jobs, given that tax rates are historically low.”

Finally, A Rich American Destroys The Fiction That Rich People Create Jobs - business insider.com


“1) taxes on rich people are already historically low; 2) what creates jobs is a healthy economy with customers who can afford to buy a company’s products, and 3) if customers go broke, the demand for the company’s products will collapse and the jobs will disappear, regardless of what the entrepreneur does”

Billionaire Nick Hanauer


“Tax hikes will punish job creators”
Job creators want:
  1. An end to “congressional dysfunction over on-and-off tax cuts, threatened spending cuts, and the bloated national debt,
  2. More customers with more money to spend,
  3. Political leaders who act like job creators,
  4. Predictability from Washington,
  5. Better tax and regulatory policy, and
  6. An active Federal Reserve.
What Job Creators Really Want usnews.com



We must continue our fight for fair taxation. Petition and continue your Wake Up Calls to Tea Partied Republican Congressional members at the links below:


PETITIONS

Petition the White House with We the People | The White House Tax cuts for families and small businesses. The Administration. ... family and coworkers about the petitions you care about. The White House Reviews and Responds: ...http://www.whitehouse.gov/blog/2011/09/22/petition-white-house-we-people


Petition - Shared Sacrifice: BernieSanders - U.S. Senator for VermontShared Sacrifice Dear Mr. President, This is ... Sign The Petition. Fill out your information and Bernie will add your name to his letter to the president.http://www.sanders.senate.gov/petition/?uid=c1fd7f9b-abd8-4e7a-a370-1867881259d8


Start a Petition - Create Your Own Online Petitions for Free ...http://www.change.org/start-a-petition



WAKE UP CALLS
CALL Your Senators: Tell Them to vote YES on taxing the rich

Contacting the Congress is a very up-to-date citizen's congressional directory for the 112th Congress. As of ...http://www.contactingthecongress.org 

Use this free tool to find the email address, phone number and contact information for your Congressman, including Senators and Representatives. http://www.congressmerge.com/onlinedb


Spread the Word!

Sources:
Corporate welfare is a pejorative term first coined by Ralph Nader in 1956 to describe a government's bestowal ofgrants and/or tax breaks on one or more corporations ...

Bush Tax Cuts Extension: What Are The Effects? Infographic. ... #1 How much tax will a married couple with 2 children pay if the Bush tax cuts DON’T expire?


As ThinkProgress has detailed, the House Republican budget, authored by Budget Committee Chairman Paul Ryan (R-WI), pays for massive tax cuts for the wealthiest ...


The massive reduction is due to both Bush-era tax reductions for the wealthy and the aggressive ... As their tax rates... the same effective rate in 2007 as ...http://thinkprogress.org/politics/2011/04/18/159261/tax-disparity-chart 

Taxes on rich people (capital gains and income) are, relative to history, low, ... Read Nick Hanauer's editorial here > UPDATE: This article struck a nerve, ...

... which are top items on the GOP agenda. But there other things job creators want even ... Chief Business Correspondent Rick Newman demystifies it and explains ...http://www.usnews.com/news/blogs/rick-newman/2011/12/22/what-job-creators-really-want 

“Business demand is what drives hiring.” In the same piece Michael Kehs, CEO of Chesapeake Energy, said a taxadvantage “does not drive our hiring.”

Significant tax increases on the about $1.5 trillion in collective income of those of us in the top 1 percent could ... NickHanauer at Nick@secondave ...

Responsible Wealth is a network of business leaders, investors, and inheritors in the richest five percent of wealthand/or income in the U.S. who believe that ...http://faireconomy.org/responsible_wealth 


This organization, Patriotic Millionaires For Fiscal Strength, ... Patriotic Millionaires understand that their involvement might be bad for business, ...


GOTTA VOTE
2014!


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