So, the figures are in. It's more profitable for a large company to lobby than to pay its fair share of taxes. A study just out shows that 30 corporations paid more to lobbyists than they paid in taxes. Turns out it was money well spent, though. Not only did 29 of those companies pay no taxes at all, some of them received tax rebates. Maybe they were suffering. After all, the economy had tanked; many citizens were losing their jobs and homes; retirement savings were melting like butter on a hot summer day. Not so. The companies that managed to snag nearly $11 billion in Washington Welfare had a combined profit of about $164 billion (http://www.dailyfinance.com/2011/12/13/30-major-u-s-companies-spent-more-on-lobbying-than-taxes/).
The federal government spent $107.2 on welfare for family and children in 2011. But that cost is on its way down, thanks to recent cuts that will be phased in over the coming years. That's a lot to spend, but at least those people weren't making tons of money while getting Washington Welfare. Nope. Most of them were having a downright tough time keeping a roof over their heads and body and soul together (http://www.usgovernmentspending.com/welfare_budget_2012_4.html).
Frankly, I'd rather our taxes go to those who live at or below the poverty line than those who wallow in the 1% and above.
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