Wednesday, July 21, 2010

A Tax Break Nobody Needs

by Gerald E. Scorse from Dissident Voice

While the tax code is extremely unfair, this author focuses much too narrowly on one provision of it. And he doesn't deal with the issue of extending tax cuts to the wealthy passed during Bush's administration. 

For the most part corporations are brimming over with cash as are many rich Americans who mostly stash their millions in offshore bank accounts. But then, who writes the tax code? The corporate sponsored representatives in Congress.