Identity Theft

Doesn't it sometime feel that someone has stolen your identity, got a bunch of credit cards in your name and is on a spending spree racking up the charges.

Newsday:Don't Turn Export Subsidy into a Corporate Tax Cut

" Believe it or not, House Republicans are pushing for more tax cuts, this time for corporations. That's extraordinarily irresponsible, given the deficits and debt plaguing the federal government..."

tompaine.com:Avoidance Issues

"At a time when the federal budget is sinking into needless deficit and states are shutting down schools and slashing healthcare benefits, large corporations are making a mockery of the notion they should be paying their fair share of taxes. And it's not just tax shelters. Corporations also creatively exploit a massive array of special credits, exemptions and loopholes that are all perfectly legitimate, even if they are terrible public policy. The result of all this tax avoidance is that in 2003, corporate revenues represented only 7.4 percent of federal tax receipts, the second-lowest level on record, according to the Congressional Budget Office. Sixty years ago, corporations paid half of the U.S. tax bill. Corporate income tax revenues, meanwhile, fell from $207 billion in 2000 to $132 billion in 2000, according to CBO estimates..."