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The Basic Deal Between Corporate America and the GOP is Alive and Well | The Smirking Chimp

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For four decades, the basic deal between big American corporations and politicians has been simple. Corporations provide campaign funds. Politicians reciprocate by lowering corporate taxes and doing whatever else corporations need to boost profits.

The deal has proven beneficial to both sides, although not to the American public. Campaign spending has soared while corporate taxes have shriveled.

In the 1950s, corporations accounted for about 40 percent of federal revenue. Today, they contribute a meager 7 percent. Last year, more than 50 of the largest U.S. companies paid no federal income taxes at all. Many haven’t paid taxes for years.

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Source: The Basic Deal Between Corporate America and the GOP is Alive and Well | The Smirking Chimp

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One thought on “The Basic Deal Between Corporate America and the GOP is Alive and Well | The Smirking Chimp”

  1. THIS APPLIES TO THE DEMOCRATS AS WELL. ONE THING THAT HAS PROVEN WELL IN AMERICA, IS THAT WHEN THERE IS AN ELECTED DEMOCRAT, WHETHER IT BE MAYOR, GOVENOR OR WHAT HAVE YOU, EVERYTHING SEEMS TO GO DOWN THE DRAIN. I AM AN “EXPERIENCED AMERICAN” OF 67 YEARS AND NOT ONLY KNOW THE FACTS, BUT HAVE LIVED THEM AS WELL. I AM NOT TAKING ANY SIDES, BUT ONE THING IS DEFINITELY TRUE MORE SO FOR THE DEMOCRATS THAN ANYONE ELSE, THEY ABSOLUTELY HATE WHEN ANY INDIVIDUAL BECOMES FINANCIALLY INDEPENDENT. IT IS MAINLY BECAUSE TO THEM OUR EDUCATIONAL SYSTEM HAS BEEN DUMBED DOWN, AND LARGELY IMMORALITY HAS FLOURISHED. INSTEAD OF FINANCIAL FREDDOM, WE HAVE GOVERNMENT RUN PROGRAMS THAT ARE NOT WORTH A DAMN. LITTLE TO PEOPLE REALIZE AND ACCEPT, IF YOU HAVE A GOVERNMENT SO POWERFUL TO GIVE YOU EVERYTHING, THEN YOU HAD BETTER GUARANTEE THEY CAN TAKE EVERYTHING AWAY FROM YOU THAT YOU HAVE. AS FOR THE DEMOCRATS, NOT SAYING THERE ARE SOME REPUBLICANS, BUT THE DEMOCRATS HAVE BECOME COMMUNISTS, AND LET US CALL IT FOR WHAT IT IS. THEY ARE LARGELY FOR FORCED VACCINATIONS THAT INCLUDE THE MARK OF THE BEAST. HERE IS AN ARTICLE FROM A DEFINITE FULL BLOWN IDIOT, YOU DOES NOT KNOW WHAT IN THE HELL THEY ARE TALKING ABOUT. BY THE WAY, I WISH THE GOVERNMENT WOULD LEAVE US POOR PEOPLE THE HELL ALONE, WE DO NOT NEED THE VACCINE. CONSIDER YOURSELF FORTUNATE AND A BLESSING IF THE GOVERNMENT IGNORES YOU, BE GLAD YOU ARE POOR AND NOT RECEIVING THE VACCINE. HERE IS YOUR IDIOT:

    https://www.latimes.com/opinion/story/2021-04-13/gop-fights-vaccine-passports

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