What in the world are Tea Partiers so angry about? Their dreams of taking America back from the Socialists/Marxists/Communists/anti-imperialists on behalf of corporate America are absolutely ridiculous, given the fact that America is already bought-and-paid for by the corporations!
Like zombie soldiers, they are taking to the front lines and waging a battle on behalf of corporate America that has already been won! The Bush administration’s complete corporate takeover of the federal government was the end-stage of a plan hatched 30 years earlier during the Reagan administration. Now, the corporate plutocrats are simply having their Tea Party soldiers and their bought-and-paid-for stooges in congress do their dirty work, fighting tooth and nail against President Obama on each and every single badly needed regulatory reform measure.
According to a new piece by AlterNet, in just the past 20 years not only have corporate profits quadrupled but the corporate tax rate has dropped by 50%. In the mean time the payroll tax, which is paid by the workers, has doubled.
What does this mean? That the corporations are raking in record profits by taking full advantage of the gains in productivity derived from tax-payer provided government investments in basic research, especially technology and health care. The middle class is paying for the very same investments that have largely benefited the private sector, while the corporations have thanked is by contributing less and less to America’s coffers!
American corporations use everything from highways to shipping lanes, airports, the energy grid, communications towers, satellites, and government agencies like the FAA and DoT in order to produce output and transport it all over the country, why don’t they give back to the American people?
Bloomberg reports that trillions in corporate money is stashed in offshore tax havens, and that number grew by an astonishing 183 billion just last year. Since they apparently feel very little allegiance to America, why don’t these corporations simply leave America and conduct their business elsewhere? The answer is simple. No other country pumps as much corporate welfare into already successful corporations and forces the taxpayer to foot most of the bill. Doing business in America makes excellent business sense!
And what about the wealthiest individual Americans? They are hoarding their wealth and not exactly trickling it down to the rest of us as Reaganomics promised. As MarketWatch reports, over 90% of the assets owned by millionaires are held in a combination of bonds, the stock market and real estate.
The sad reality is that Tea Partiers are so blind with ODS (Obama Derangement Syndrome) that they don’t notice that only the middle class is being “Taxed Enough Already,” while the government is doing little to ensure a fair and level playing field between corporations and the American people.
If willfully ignorant TEApublicans would just open their eyes they would see the truth–and maybe, just maybe, even help us take America back from corporate control and return it to The People!
Watch Thom Hartmann reveals how corporations “built” the Tea Party here: