Sownman
Donation Time
This morning the President as well as his treasury secretary and chief of staff
stood up to announce the new aggressive stance towards corporations
use of offshore facilities and tax codes to try to avoid some portion of taxation that would be considered fair by his administration.
Laff one with this is the fact that corporations do not pay taxes, not now not ever. Tax them all you want, remove deductions all you want, it is all passed on to the consumer. The poor will pay $37 instead of $21 for Levis at Walmart
However there was another even better laff available. It is a wonderful thing to watch Obama stand next to Geithner while Geithner explains going after tax cheats. Obama then tells us paying taxes is the price of citizenship.
Priceless.
Steve
stood up to announce the new aggressive stance towards corporations
use of offshore facilities and tax codes to try to avoid some portion of taxation that would be considered fair by his administration.
Laff one with this is the fact that corporations do not pay taxes, not now not ever. Tax them all you want, remove deductions all you want, it is all passed on to the consumer. The poor will pay $37 instead of $21 for Levis at Walmart
However there was another even better laff available. It is a wonderful thing to watch Obama stand next to Geithner while Geithner explains going after tax cheats. Obama then tells us paying taxes is the price of citizenship.
Priceless.
Steve