A Tax Holiday For Huge Corporations?

A Tax Holiday For Huge Corporations?

"The business of America is business" -- are words which came from the mouth of the Republican President Calvin Coolidge in the 1920s. Coolidge's words sum up the old GOP party philosophy of American government. The institutions of government exist to facilitate the needs of business, the business, the that counts in America, big business. In so many words, the American government is a government for, by and of business leaders, their slaves and other retainers.

Cenk Uygur, of The Young Turks, called out the large American Corporations who are asking for a tax holiday, as if this is something novel and unexpected. Business -- big business -- uses government as its tool to make its businesses prosper.

Cenk gave a list of major U.S. corporations that made billions of dollars in profits in tax year 2009 and paid zero federal taxes. He mentioned that some of the biggest American corporations have sheltered billions of dollars off shore and want to bring some of that money home, and pay no taxes on it, so they are asking the government for a tax break, holiday, to allow them to do this. Well, expect big business to get what it wants. It always has.