That would be from this web site, right? The one with the fake Lincoln quote right on top? The author is an economic imbecile.
Corporate welfare and tax breaks are not the same thing. Oh, they are to many liberals, who believe all wealth belongs to the State, and that tax cuts are "government expenditures," but in fact welfare is getting money from the government that you did not earn. Tax breaks let you keep your own money.
To those of us who have not succumbed to socialism, that's a very important difference. There is real corporate welfare. Reduced taxes are not it.
Assuming those chart numbers are even right, killing all those tax breaks will gain you $42 billion to pass out to the tax eaters in return for votes and power. That buys you a grand total of three percent of this years deficit. So who do you kill off next? Meanwhile, the tax eaters become ever more numerous.
Remember the posts about how the middle class is the next target of Big Government?
Current Events » in reply to The US flat lines to highest corporate taxes
Re: corporate welfare and tax breaks
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- The US flat lines to highest corporate taxes