now I were told over and over again two different things for civil
poor corporations they paid too much in taxes
now I'm gonna show you in the numbers that that is
empirically not true are saying we were told of government
they're breathing down Wall Street snack in their also breathing down
reno corporate america's nah Kim poor guys et cetera right
arm in fact there were told the guy was going after them as rock Obama now
you remember back no im broke Obama was running for office back in 2008
and he said he wanted he said quote we are up against the believe that it's all
right for lobbyist to dominate our government
that they're just par the system in washington but we know that the on new
impose a lobbyist as part of a problem
and this election is our chance to say but we're not gonna let them stand in
our way anymore
from I
what has he done since moved from
he tried at the very beginning this is hilarious he said okay I'm not have any
lobbyist in my administration
and then he was like okay well I'm gonna create like
a couple different exceptions to three different exceptions I really like those
obviously gonna come in and then
at the or had no enforcement overall meaning that
what wound up happening was this thing called the National Lupul
where all for politicians all lobbies to stop on themselves lobbyists
and they said okay well when a lobbyist anymore and nobody's ever going to
enforce it
so now I'm no work for the Obama administration or anywhere I want
invited
you know apps final dark money to people even easier
because I'm not calling myself a lobbyist anymore thanks Obama for fixing
that we really appreciate that and after that he didn't write a damn thing
and that is also empirical I he doesn't care
about changing Washington at all I will make no attempt to do so
and certainly has done nothing positive in that regard so far
to this whole idea of changing Washington a new phone so lobbyists
well I guess he thought there was a really funny inside joke that he was
gonna play on the american people
are now the example a.m. at
is corporate taxes now we're told over and over again by republicans attacks
are too high for corporations
and we were told that President Obama was going to fight for the little guy
and against big guys like corporations to hold them accountable
but if you notice as I pointed out in every one of his speeches that
he talks about this President Obama actually are used for
lowering corporate taxes now the reality is they don't have to be lowered
because they have been de facto Lord now even though the corporate tax rate is 35
percent
and that's one a day everybody complains about in reality
may corporations on average actually paid nineteen-point 4 percent
because a loophole subsidies
et cetera so well as always babe 35 percent that's not true
on average they pay at less than 20 percent which by the way is less than
many americans
butts P unless the many Americans let's get to the even more egregious cases
a five-year study found that one-third paid 130 corporations
with a look then they look at 280 corporations in the top Fortune 500
pay US tax rate less than 10 percent so third even paying
who less than 10 percent and look
even in sales tax you come close the pain that let even if you don't pay
payroll payroll tax
but likely you pay sales tax payroll tax and then income tax
so your pain want a more than those giant corporation making billions of
dollars
alright but if you thought that was bad 111 companies paid no federal corporate
income tax in at least one whole the five years
in the study 111 companies no taxes now one year
you think that's bad 26 companies paid no federal corporate income tax
during the period at all for all five years paid zero dollars and zero cents
26 the largest companies in the world
here's some love their a titles Boeing you might recognize
GE price I dot com horizon five straight years
no taxes at all you been paid more in taxes
every one of those years than those giant companies combined
because they paid 0 in fact between 2008 and 2012
there was $362 billion dollars
in tax subsidies how do you like that for change
that's during the Obama years NK
so obviously there hasn't changed been much change at all and of course
every time the republicans cried all my god it look at this they will let us cut
food stamps
already well as cut food stamps up because they did got them right
or all my god the entitlements a center that was nothing we could do
the budget under control well there's one thing you do you do with $362
billion dollars in tax subsidies
20 largest and richest most profitable companies in the world
use up those giveaways so don't ever believe it when they say there's nothing
they can do
that's what they can do that to give you a sense the well-read
would do redistribution that has happened on a mass scale here
they explain your citizens for tax justice corporate taxes paid for more
than a quarter federal outlays
in the 1950s from the golden years america right
in fiscal 2012 corporate taxes paid for mere
seven-percent for the federal government's expense
went from twenty five percent than the 7 percent somebody's gotta pay make up
that money
the federal government has grown in the meanwhile so
who's paying more you got it your
that your conservative or liberal or libertarian
you should hate this this is crony capitalism 101
this is corruption 101 and what have they done
their redistributed the burden onto the american taxpayers the regular guys
working for a living
and made sure the corporations pay less LSR that share
that's what happens when you allow corporations to spend
unlimited money buying a politician's
to campaign contributions and now through independent expenditures
says the matter the system that you set up so now we've been screwed for all
these years
and we're paying the bill wolf dash
pack Dhaka wabash back to ca
you don't fix a C you know your money into politics mechanic
couple decades will be paying nearly zero per server share