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The Biggest Welfare Queens of Them All
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Republicans love to talk about how Democrats take money from good, hardworking Americans and give it to lazy deadbeats. That story is the meme right-wingers use when they cut welfare, it's how they frame their war against Obamacare, and it's how they justify doing awful heartless things like slashing funding for school lunch programs.
 
But it's becoming increasingly clear that Republicans don't actually believe their own talking points. And you don't need to look any farther than the ongoing joke that is our corporate tax code to see why that's true.
 
As Vermont Senator Bernie Sanders pointed out in a recent Senate hearing, many of the richest, most profitable corporations in America don't actually pay anything in taxes, and in some cases, actually get money back from the IRS. Pretty amazing, right? GE rakes in $34 billion every year, pays nothing in taxes, and ends up getting a rebate from the government.
 
But GE is just one example of a much bigger problem. And that's the shifting of the tax burden from rich corporations and billionaires who both consume government services like our courts and banking system, and can afford to pay for it, on to the backs of working Americans and those who can't afford it.
 
Back in the 1950s, corporate tax revenues made up as much as one third of all federal tax revenues. But decades of loopholes and carve-outs have taken their toll, and now corporate tax revenues make up just 13.5 percent of total revenue.
 
This has a very real cost. The National Priorities Project estimates that thanks to corporate tax breaks, the government lost out on $176 billion - I repeat, $176 billion - in potential revenue in 2013. So where is the government getting its money now that deadbeat corporations are shirking their fiscal duty?
 
Read more here.
 
-Thom
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Daily Take: The biggest welfare queens of them all

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Monday's Daily Stack Daily Stack
Hour One: Conservatives are suffering from Obama Derangement Syndrome
Quote: "So we are even at fault in not avenging all this innocent blood of our Lord and of the Christians which they shed for three hundred years after the destruction of Jerusalem, and the blood of the children they have shed since then (which still shines forth from their eyes and their skin). We are at fault in not slaying them." Martin Luther".
Article: "Conservative Media Bash Obama For Mentioning Crusades At Prayer Breakfast " by Alexandrea Boguhn & Rachel Calvert.
Bible: "Joshua".
Article: "AFP 1, Tennessee 0" by Steve Benen.
Article: "Jeremiah Wright controversy" by Wikipedia.
Article: "Books of Samuel" by Wikipedia.
Article: "Authorship of the Pauline epistles" by Wikipedia.
Bible: "Mark 9:1". "And he said to them, "Truly I tell you, some who are standing here will not taste death before they see that the kingdom of God has come with power.""
Article: "Jesus Seminar" by Wikipedia.

Hour Two: Why we need Medicare for all...NOW
- Dr. David Hogberg PhD, National Center for Public Policy Research Twitter Twitter
Article: "Insured, but Not Covered" by Elisabeth Rosenthal.
Article: "Tommy Douglas" by Wikipedia.
Article: "The Effect of Wait Times on Mortality in Canada" by Bacchus Barua, Nadeem Esmail, Taylor Jackson.
Article: "New study finds 45,000 deaths annually linked to lack of health coverage" by David Cecere, September 17, 2009 .
Bible: "Genesis 4:15". "But the LORD said to him, "Not so; anyone who kills Cain will suffer vengeance seven times over." And he said to them, "Then the LORD put a mark on Cain so that no one who found him would kill him.""
 
Talk Radio News Segment:
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Article: "Lawmakers to Obama: Arm Ukraine now" by Kristina Wong.
Article: "Bernie Sanders Will Skip Netanyahu Address" by Midori Nishida.
Site: Governor Free Don Siegelman.
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Hour Three: Ferguson residents suing over debtors prisons
Article: "The Danger of American Fascism" by Henry A. Wallace.
 
Economic and Labor News
Article: "Obama To Propose Tax On Foreign Profits In 2016 Budget" by Jim Kuhnhenn and Andrew Taylor.
Article: "The FCC chair's Internet pivot" by Brooks Boliek, Alex Byers and Bill Duryea.
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