Legislating for the corporation: Republicans at their finest

The Democrats proposed legislation that would make it harder for overseas companies to use tax havens to avoid taxes on U.S. profits ; naturally the "by the corporation, for the corporation" Republicans are shrieking about this sensible proposal. In the world of Republican politics, forcing a company to pay their fair share in an "unfair tax hike", how is it a "tax hike" if these companies are using a loop hole to being with? They are not paying their fair share but companies who are located within the US exclusively pay their fair share. The overseas tax loophole allows companies to benefit from cheaper foreign labor and pay less taxes. Why would the GOP want to end this kind of handout?


Once more the G.O.P looking out for the better good of the American people..... well the American people who own corporations that function mainly overseas!


Expect this to pass congress and be vetoed immediately by the scumbag-in-chief. I don't think this kind of measure needs to go to the Senate ( I could be wrong) If it has to go to the Senate, expect a filibuster by Republican obstructionists!

Speaking of vetos by the scumbag-in-chief.......

Washington post reports:

President Bush yesterday rejected entreaties by his Republican allies that he compromise with Democrats on legislation to renew a popular program that provides health coverage to poor children, saying that expanding the program would enlarge the role of the federal government at the expense of private insurance. The president said he objects on philosophical grounds to a bipartisan Senate proposal to boost the State Children's Health Insurance Program by $35 billion over five years. Bush has proposed $5 billion in increased funding and has threatened to veto the Senate compromise and a more

costly expansion being contemplated in the House.

Expect the few Republicans with compassion to cave right in to Bush's veto threaten! You wonder why I'm calling him scumbag-in-chief!!!