Tuesday, October 14, 2008

Fascism and Taxes: The Nexus

Wiki defines fascism as: "...a totalitarian nationalist and corporatist ideology." Now I'm going to let you collect the other dots on that one, but it does mean that fascism is often seen as collusion between the state and corporate entities.

Many recent events have convinced me that the people are absolutely not in charge in the USA, if they ever were. Taxpayers will be forced to foot the $5K per capita price for the Wall Street bailout (the necessity of which remains significantly in doubt) and we will soon be forced to pay even more for the proposed bank bailout (some of which may be necessary) and eventually we will also see a mortgage bailout (unless we are willing to accept that hundreds of thousands of people will soon become homeless and therefore a drain on local governments).

Who will pay for all of this? Why YOU WILL, of course.

Why? Because of the nexus that exists between our government and monied interests:


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Study says most corporations pay no U.S. income taxes

http://www.reuters.com/article/newsOne/idUSN1249465620080812?sp=true

Dorgan in a statement called the report "a shocking indictment of the current tax system." Levin said it made clear that "too many corporations are using tax trickery to send their profits overseas and avoid paying their fair share in the United States."

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The phrase "tax trickery" is a euphemism for elements of the tax code that are effectively handouts to corporations. It's not a mistake nor trickery of any kind. The only ones being fooled are the taxpayers themselves who apparently have no representation.

Taxation without representation. I think I have heard that before...