New York Times: "G.E.'s Strategies Let It Avoid Taxes Altogether"
G.E. hasn’t been paying its taxes. Not surprising. Businesses can’t flourish if they have to be saddled with the same responsibility the rest of us must bear, and if business doesn’t absolutely burst at the seams with profit, we all suffer, right? I mean, look at how much better off we are now that all those banks are making billions again. And off our tax dollars. Does life get any more fair than that?
But still, something about this has been bothering me. Some little nit has been picking at my conscience, telling me something here is askew. Something isn’t adding up.
Then as I watched governor after governor attempt to destroy the bargaining rights of public employees and gut government programs to keep the impoverished afloat, I realized what the problem was. I realized we denizens of the good old U.S. of A. definitely need to make some changes: to the Preamble of the Declaration of Independence.
I believe it should read like this:
We hold these truths to be self-evident, that most corporations are created equal, that they are endowed, by the aggressive wielding of their massive wealth, with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of unchallenged power.
That to secure these rights, Governments are emasculated by lobbyists, deriving their just powers from the consent of their benefactors, That whenever any Form of Government becomes destructive of these ends, it is the Right of the corporate executives to alter or abolish it, and to institute new Government, laying its foundation on such principles, and organizing its powers in such form, as to them shall seem most likely to effect their Safety and hegemony.
Expedience, indeed, will dictate that Governments long established should not be changed for light and transient causes, except when they serve corporate ends; and accordingly all experience hath shown, that corporations are more disposed to cause suffering, while evils are insufferable, than to do right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce corporations under just and reasonable regulation, it is their self-proclaimed right, it is their detrimental duty, to throw off such Government, and to provide new Guards for their future security.
There. Now it squares with reality. Now the ideals that we proclaim match the actions our country is taking. Now I feel better. I just can’t stand hypocrisy.