Sitting Atop Trillions: What Would Business Do with Another Tax Break? | Common Dreams

Sitting Atop Trillions: What Would Business Do with Another Tax Break? | Common Dreams.

Business is about the bottom line. They could care less about creating jobs or the American economy if it hurts profit. Nonetheless, we let them treat us like peons and fall for the same Jedi mind tricks over and over again. I can just see CEOs waving their hands in front of our faces, saying, “You don’t want this money,” or “The People’s Budget is not the solution you’re looking for.” Check this out:

“In 2010, businesses in the U.S. were sitting on $2 trillion in cash (a record high percentage of assets) and when we look at the global picture we see that the top 1,000 non-financial companies in the world are still sitting on more than $3.4 trillion in cash.”

But of course they need more tax breaks…

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