At one time, the unpatriotic act of renouncing one's citizenship would have been unthinkable to most self-respecting American businessmen, regardless of the corporate tax rate. But not now. American leaders - business leaders, and even some elected leaders- have exchanged the accountable attitude of "the buck stops here" for an attitude of no accountability, an attitude of "show me the money."
As a middle class, taxpaying American, I find this new attitude disgustingly greedy. These corporations, who got their start in the United States, and who make millions, even billions, of dollars from the United States and U.S. consumers, are whining about paying a tax rate of 35%, while most of us middle class Americans are taxed on our less than six-figure incomes at a rate of about 28%. The CEOs of these corporations justify their unpatriotic actions by saying they must satisfy their shareholders. But as we all know, moving offshore makes little difference to the value of the few shares in the 401Ks and IRAs of most middle class investors; the real beneficiaries are those stockholders who own thousands of corporate shares - namely the CEOs themselves, as well as their corporate directors.
American jobs are being held hostage by greed. Some corporate and elected leaders want to blame our government. But it's really not our government. Our government needs tax revenue to pay for our transportation, our parks, our safety and security. The very things that create a climate in which business, as well as our families, can grow and prosper. corporate and elected leaders want to blame the labor unions. But it's really not the unions. Labor unions simply try to bargain for better wages and benefits for working class employees. Should the corporate tax rate be lowered? I don't believe that it should be. Not while greed is holding American jobs hostage, and not while greed is more important than patriotism to many of our U.S. corporations. If anything, those American businesses who have opted to keep their U.S. citizenship, their headquarters, and their jobs in the U.S. are the ones who deserve financial rewards. Let's give those companies financial and/or tax incentives for their loyalty and patriotism, and let's give them financial rewards for creating more U.S. jobs here. And finally, let's roll back the tax cuts we've been giving to the wealthiest Americans. It's time they pay their fair share.
Let us know what you think by posting to this blog, and more importantly, let your elected leaders know what you think by calling, emailing, and writing them.
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We create and keep U.S. jobs when we demand, promote, and buy Made in USA goods and products.With school starting, many of us are shopping for school supplies. Here are some recommended "Made in USA" spiral notebooks, composition books, and notebook paper, and some not recommended, outsourced paper made by so-called "American" companies. Please feel free to post your own research to this blog!
This week's recommended products:
· up&up spiral notebooks - Made in USA by Target Brands, Inc., Minneapolis, MN
(www.target.com)
· Basic spiral notebooks, Norcom composition books, Basic notebook paper,
Norcom notebook paper - Made in USA by Norcom, Inc., Griffin, GA
(www.norcominc.com)NOT recommended (made elsewhere):
· Horizon Group USA spiral notebooks · Tops spiral notebooks
· Innovative Designs spiral notebooks
· Sky High spiral notebooks
· Target composition books
Amen. And again I say amen. Corporations and the wealthiest Americans need to pay more in taxes.
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