I'm certainly supportive of cleaning up all of our government welfare programs. Of course there are people who take advantage of the system, and the waste and fraud span many administrations. Of course government help for the poor and working poor should go to those who really need that help, and not to actual free-loaders.<quoted text>
This may not be common case but many people living on the system do very well for themselves. I see it everyday. They get subsidized housing,$300 rent for a 3 bedroom house, food stamps of $600/month for a family of 5 plus welfare benefits, free medical for the kids, etc.
But why can't you look at corporate hand-outs in the same way? Corporate welfare totals twice the amount we pay to poor people.
If you read what I've posted, you'll see that the huge tax breaks we give to the big multi-nationals center around the fact that our preferential tax laws let them play accounting games with their profits. Their profits are not taxed if they can hide them overseas, and the multi-nationals have manipulated these loopholes to the max.<There are many reasons a company may not pay taxes, losses carried over, losses for the current year, profit versus loss, etc.
Smaller US corporations, ones that are not multi-national, do not have access to these loopholes. Ordinary citizens do not have access to these loopholes. I thought you were all for equality and a level playing field?
What they're doing is not illegal-- but should be.<Your leftie link doesn't provide the full picture, as usual. Do you really think the IRS would let these companies paying zero taxes slide if they were doing something illegal? Not in this Obama era.
Oh, is that why capital gains taxes are so low? ALL earnings, for all of us, are already taxed. And every time we spend our earnings, we're taxed again. Yours is a meaningless argument.<Capital gains are taxed at a lower rate because the original investment has already been taxed. Why do you complain? You love the government and want them to regulate everything, the government set up this system of taxation.
And again you put words in my mouth-- I DON'T love the government. I DO love our country, and want to see our government improve.
And I DON'T want the government to "regulate everything". When have I ever said that? Apparently, from what you've posted, you see only two choices-- regulate everything, or regulate nothing.