tsujigiri

The editorial comments of Chris and James, covering the news, science, religion, politics and culture.

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Tuesday, December 10, 2002

John Snow, the proposed new treasury secretary, has been succling at the teet of corporate welfare. According to This Small Report, "instead of paying taxes, CSX [Snow's company] supplemented its $934 million in pretax U.S. profits over the four years with a total of $164 million in tax rebate checks from the federal government." Why do profitable companies get tax breaks? I don't even make $20k per year and the fed wants a piece of it. How can I tap into that "tax rebate" racket?

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