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Forum Post: Reality Check: GE and Citi Bank get huge tax breaks out of fiscal cliff deal

Posted 11 years ago on Jan. 4, 2013, 9:09 a.m. EST by john32 (-272) from Pittsburgh, PA
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[-] 1 points by SingleVoice (158) 11 years ago

Good article...however, nothing new here. Same old cronyism. Same old corruption being paid for on our backs. If they wanted to spend that money they could have spent it on keeping the payroll tax hike from going into effect. That "fiscal cliff" deal spends $41 on these new tax credits for every $1 raised with the additional taxes. What was the reason to raise taxes if they spend even more of it on something else. No one even realizes yet that we'll be seeing the new Healthcare taxes kick in this year also. It's all a joke. Who's pockets can they line this time to benefit their next election.

GE, Hollywood, Citibank....this time Democrat corporations and supporters. As the article says, the White House & Senate Dems "slipped these tax breaks in" for their crony democrat contributors. There's cronyism on both sides of the political spectrum but this time in this particular case, the republican senators resisted. No matter, with the democrat majority Senate under Reid, they got shot down. When are we going to get rid of ALL of these corrupted politicians on both sides. We just had an election and every single one of them on both sides on all levels got re-elected. That Russian newspaper was right.."America is full of stupid people that would re-elect all the same corrupted politicians from the President on down the line." It's too bad Americans don't see how stupid we are.

[-] -2 points by aville (-678) 11 years ago

and so do the hollywood money raisers for obama.