The War on Greed (starring Larry the Loophole)
May 7, 2008 — MonteHow tax loopholes aid corporate buyouts—and how corporate buyouts result in layoffs, deteriorating schools, roads, and bridges—and fabulous wealth for the richest Americans.
A great primer in about 3 min . . .
So. It’s probably not among the poorest Americans that you’ll find the biggest moochers. And it’s not what government gives the poor that causes bridges to fail and factories to close and schools to struggle. For, think of it: It would take a trainload of payments to poor people to match the revenue lost from one corporate raider.
The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little. - Franklin D. Roosevelt
That is the heart of the issue. It is always the “least of these”- the poorest and must vulnerable – who test our commitment [to the essence of our faith].- Jim Wallis
Tags: Larry+the+Loophole, tax+loopholes, wealth, poverty, Franklin+Roosevelt, Jim+Wallis, richest+Americans, capital+gains, corporate+buyouts, manufacturing+jobs, job+losses, layoffs, economy, unemployment, infrastructure, taxes, tax+brackets, tax+revenue, Monte Asbury
to this blog
