Fwd: Fw: Corporate Tax Breaks: How Congress Rigs the Rules

[Ed Dickau]

---------- Forwarded message ----------
From: Amy Harlib <aha...@earthlink.net>
Date: Tue, Apr 29, 2014 at 12:41 PM
Subject: Fw: Corporate Tax Breaks: How Congress Rigs the Rules
To: in...@worldcantwait.org

 

 

aha...@earthlink.net

 

From: Roger Hickey

Sent: Tuesday, April 29, 2014 10:42 AM

To: aha...@earthlink.net

Subject: Corporate Tax Breaks: How Congress Rigs the Rules

 

This week, the House Ways and Means Committee is poised to demonstrate exactly how the rules are rigged. On Tuesday, the committee will begin to mark up a series of corporate tax breaks – known as “extenders” because they have been extended regularly every year or two for over a decade. Only now the committee plans to make many of them permanent, at the cost of an estimated $300 billion over 10 years. And it does not plan to pay for them by closing other corporate loopholes or raising rates. The giveaway – almost all of which goes to corporations – will simply add to the deficit, no doubt fueling the later demands of those who vote for them for deeper cuts in programs for the vulnerable in order to bring “spending” under control.

Read Robet Borosage's Full Article on Tax-Extenders Here
 

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Ed. Dickau