Tag Archives: RS Janes

The Top Five Corporate Tax Cheats

Before pushing grandma down the stairs by ‘reforming’ her Medicare and Social Security benefits out of existence, why not go after these god-awful drains on our treasury? Here are five examples of profitable corporations that pay no or low federal income taxes, yet extract much of their profit margin from the American economy. It’s past time for them to pay, as a percentage of their income, at least as much as the average public school teacher or firefighter in Wisconsin.

Want to balance the budget? Start here:

1. General Electric has made over $26 billion in profits in the past five years, with $5 billion from the US market just last year, on which it paid zero federal income taxes. It’s also received a hefty $4.1 billion refund from the IRS. Despite this generosity on the part of the American taxpayer, over the last nine years GE has shipped one-fifth of its jobs overseas and used every trick available to avoid paying US taxes. This is bringing good things to life? (BTW, Jack Welch, former CEO of GE, is sometimes called the father of modern outsourcing.)

2. ExxonMobil. This oil giant paid no federal income taxes in 2009 on $19 billion in profit, and even received a tidy $156 million rebate from the IRS. How do you get a tax rebate when you haven’t paid any taxes? On what planet does this make any sense?

3. Goldman Sachs paid only 1.1 percent in taxes on a profit of $2.9 billion in 2008, on top of the $800 billion provided by US taxpayers to save them from extinction. Time for another bonus, boys?

4. Citigroup ‘earned’ more than $4 billion in profits last year, yet paid no federal income taxes. Incidentally, like Goldman Sachs, they’re only in business thanks to a generous bailout from the US taxpayer; for Citigroup, that came to a neat $2.5 trillion. Despite this, Citibank continues to raise its fees and specialize in providing poor service to its customers.

5. Bank of America racked up $4.4 billion in profits last year, and received a $1.9 billion refund from the IRS. Since US taxpayers saved BoA from extinction with a $1 trillion bailout, why are they getting a $1.9 billion refund? I’m tired of asking on what planet this makes any sense.

And this is only the tip of our economic Titanic’s iceberg. If we’re going to have any future that doesn’t include our citizens rooting through dumpsters for dinner, these profitable corporations, et al, and the wealthy people who run them, are going to have to pay their fair share in taxes. For some reason, Paul Ryan forgot to include this in his hilarious Republican ‘budget.’

(Figures adapted in part from Sen. Bernie Sanders’ “Guide to Corporate Freeloaders.”)

© 2011 RS Janes. LTSaloon.org.

The Tattlesnake — Was Donald Trump Born in Jamaica, South Africa or Mexico?

Now there seems to be some question about Donald Trump’s birthplace. (That those questions were apparently invented out of thin air, possibly for humorous reasons, is of no consequence.) As we know from the example of the right-wring media, any question involving your place of birth must be answered by a slew of legal documents which they will then reject as forgeries and demand more, just as Trump, to goose up his pathetic TV show’s ratings with a presidential bid, is demanding that Obama release his ‘long form’ birth certificate since the short form, adequate for obtaining a US passport or entering the military, just isn’t enough for the blubbery mass of ham and ego some call “The Donald.”

Consider this: Not one person at the Jamaica, New York, hospital where Trump claims to have been born remembers his birth, as far as I care to find out. Aside from that, Trump’s alleged ‘real’ birth certificate doesn’t specify it is a hospital in Jamaica ‘New York’ — it simply says “The Jamaica Hospital.” What is Trump trying to pull here, MON? Was he born in the islands and smuggled into dis country?

And where are the contemporaneous 1946 newspaper birth announcements for the baby Donald? Obama has provided two; Trump has provided zero. And look closely at the signatures of the hospital administrator and attending physician — are we to believe Walt Disney was running Jamaica Hospital in 1946 and a ‘Dr. John E. Conqueroo M.D.’ delivered Donald Trump?

Below, Dr. Kevin Rooney, a birth certificate expert and well-respected forensic doctor simply because I want him to be one, makes a compelling argument that Trump was born in South Africa and didn’t enter the United States until he was 15. (Just ask yourself: do you know of anyone who saw Trump in this country as a child?)

Some malcontents may argue that Dr. Rooney’s South Africa theory is short on facts, but, IMO, what it lacks in factual content it more than makes up for in bold, risible audacity. Besides, how can you argue with a copy of Trump’s real South African birth certificate? Who could possibly have the expertise and desire to forge something like that?

Donald Trump’s Real Birth Certificate Reveals He Is a Foreigner

by Kevin Rooney

Trump was born in South Africa. His father was there on business (buying diamonds) and conceived Trump with a woman he met there. You can see her Dutch genes in Trump, the light reddish hair and very fair skin is Low Country Dutch. Donald Trump was raised in Cape Town according to strict Dutch customs which are very socialistic. (This is where he developed his great relationship with “the blacks.”)

When Trump was fifteen he was brought to New York by his father. Trump never talked about his South African background for fear of reprisals by Americans who hated apartheid.

Two years ago, when Obama was elected, Trump decided to run for president. He spent three and a half million dollars over two years manufacturing an American birth certificate, bribed doctors and nurses to say they had been present at his birth, and even hiring for life a troupe of actors to play his childhood American friends, college classmates and professors, etc. He has a staff dedicated to manufacturing articles about his ‘life’ in America, etc. He is hoping to become President of the United States, beef up its military by cutting off all unemployment funds, and finally invade South Africa and reinstate apartheid so his elderly mother can go to the beach without a gun. …

Another eminent historian has advanced the theory that Trump was actually born in Mexico. Read it all at “Was Donald Trump Born in Mexico?”

I think it is incumbent upon Trump to withdraw from the GOP presidential derby and public life until he can prove where he was born to my satisfaction.

2011 RS Janes. LTSaloon.org

« Older Entries