Fact: Corporations move our jobs overseas to take advantage of slave labor wages, lax environmental laws and no taxes. Yes, no taxes! “Free trade” allows giant multinational corporations to pay zero taxes overseas and zero taxes in America. In 2010, corporate giant GE made a profit of $14.2 billion but it paid not a penny in taxes because the bulk of those profits, some $9 billion, were offshore. In fact, GE got a $3.2 billion tax benefit.

These are the facts your government does NOT want you to see.

These are the facts your government does NOT want you to see.

These are the facts your government does NOT want you to see.

Fact: As things stand now, with federal taxes, state taxes, county tax, sales tax, property taxes, car tax, gas tax, phone taxes, etc., the governmnent takes 4 months of our wages every year in taxes. For that kind of money we should have the best schools on the planet, right? But every year 30 to 50% of our kids get LEFT BEHIND. Let me repeat, taxes take 4 months of your wages away from you every year. That’s true under Republican or Democrats.

Fact: The U.S. was the largest creditor in the world. Now the debt is in the trillions of dollars. Trillions of dollars transferred from the worlds richest & most powerful country. This is a form of destructive economic management at a level of graft & corruption that has NO parallel. There’s nothing comparable to that in history. Upcoming elections do us no good. Corruption has entered every institution.

Fact: These tax-breaks have occured under Democrat and Republican administrations! Both are corrupt!

You and I, however, CANNOT compete with the money corporations spend to buy off congress, (i.e. our politicians) and voting only replaces one corrupt party with the other corrupt party.

In 2010, corporate giant GE made $14.2 billion profit but paid no taxes. If GE, B of A, Wells Fargo and other corporations and banks paid their fair share, there would be no federal, state or county deficits/shortfalls. Instead, the government would have a surplus like they used to– roads, dams, hospitals and schools would not be in disrepair or overcrowded because the government would have plenty of money for all these things as they once did and would not be looking for ways to cut social security or other social programs.

The effective corporate tax rate has been on its way down for decades, recently hitting a 40-year low even as corporate profits have reached an all-time high. Many of the companies that have seen their tax rates fall in recent years — including Exxon Mobil, Verizon, General Electric and AT&T — are among the biggest spenders when it comes to lobbying.

But the 10 companies all paid much less than the nominal corporate tax rate of 35 percent — a number that investor and tax-the-rich advocate Warren Buffett has dismissed as “a myth,” but one that presidential front-runners Barack Obama and Mitt Romney have both proposed to lower.

Some of these companies paid more than 9 percent — JPMorgan earned $26.7 billion in 2011, for example, and paid $3.7 billion of it, or 14 percent, to the federal government — and some paid less, like Exxon Mobil, which only sent 2 percent of its $73.3 billion earnings to the IRS.

The 10 most profitable U.S. companies paid an average federal tax rate of just 9 percent last year. The group includes heavyweights Exxon Mobil, Apple, Microsoft, JPMorgan Chase and General Electric.

Fact: Seventy-eight of the 280 companies paid zero or less in federal income taxes in at least one year from 2008 to 2010. Twenty-five of these companies enjoyed multiple no-tax years, bringing the total number of no-tax years to 108. In the years they paid no income tax, these companies earned $156 billion in pretax U.S. profits. But instead of paying $55 billion in income taxes as the 35 percent corporate tax rate seems to require, these companies generated so many excess tax breaks that they reported negative taxes (often receiving outright tax rebate checks from the U.S. Treasury), totaling $21.8 billion. These companies’ “negative tax rates” mean that they made more after taxes than before taxes in those no-tax years.

Power group Duke Energy Corp was one of the 30 companies listed as paying no income taxes in 2008-2010.

Fact: [Tax] breaks cost the government about $102 billion in lost revenues in 2011, a year when the federal deficit was an estimated $1.3 trillion.

General Electric Co, Paccar Inc., PG&E Corp, Computer Sciences Corp and NiSource Inc. as among the 30 that paid no taxes. All 280 corporations examined were profitable over the period.

According to a report released this week by the Center for Responsive Politics, there are 237 millionaires serving in Congress.

It reflects the fact that the average lawmaker is far wealthier than his or her typical constituent. While about one percent of Americans are millionaires, 44 percent of those serving in Congress can claim as much.

In some cases, [lawmakers'] wealth is being derived from the very companies that in many cases benefit from the taxpayers.

The top companies at which members of Congress are investing, many of them are TARP recipients that have received billions and billions of dollars from you and me.

Among the companies in which members of Congress hold assets are Bank of America and Goldman Sachs.

151 Congressmen Derive Financial Profit From War

Congressmen gave themselves a loophole. Republican and Democratic lawmakers invested $161.3 million in companies under contract with the DoD. Investments in these contractors yielded Congress members $62 million annually. They also profit from taxcuts and the bailouts.

RECESSION – HIGH GAS PRICES – OUT-OF-CONTROL MEDICAL COSTS – FAILING INFRASTRUCTURE…WHO IS RESPONSIBLE?

Politicians are the only people in the world who create problems and then campaign against them. Have you ever wondered why, if both Democrats and Republicans are against deficits, we have deficits? If all the politicians are against inflation and high taxes, have you ever wondered why we have inflation and high taxes?

You and I don’t propose a federal budget. The president does. You and I don’t have the Constitutional authority to vote on appropriations. The House of Representatives does. You and I don’t write the tax code. Congress does. You and I don’t set fiscal policy. Congress does. You and I don’t control monetary policy. The Federal Reserve Bank does.

One hundred senators, 435 congressmen, one president and nine Supreme Court justices- 545 human beings out of the 235 million – are directly, legally, morally and individually responsible for the domestic problems that plague this country. I exclude the members of the Federal Reserve Board because the Congress created that problem. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered but private central bank.

I exclude all the special interest and lobbyist for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressmen or a president. No matter what the lobbyist promises, it is the legislator’s responsibility to determine how he/she votes.

Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party.

What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of Nancy Pelosi, who stood up and criticized G.W. Bush for creating deficits. The president can only propose a budget. He cannot force the Congress to accept it. The Constitution, which is the supreme law of the land, gives the sole responsibility to the House of Representatives for appropriations and taxes.

It seems inconceivable to me that a nation of 235 million cannot replace 545 people who stand convicted – by present facts – of incompetence and irresponsibility. There is not a single domestic problem, from an unfair tax code to defense overruns, not directly traceable to those 545 people and their predecessors..