The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study.
It clearly shows that corporations don’t have your best interest in mind. They are not even paying their end and yet they’re controlling our elections by giving money and buying off politicians.
Corporations don’t have hearts or souls. They simply have bottom lines and they are all for profit. They will do anything to ensure profit, and that includes cheating on taxes. People wonder why the average citizen is disheartened. People wonder why you can’t trust Democrats and Republicans. It's because they created a system of corporate bribery.
If the Supreme Court says corporations are equal to people, then corporations should pay at the same rate of tax that people do. All this would be a moot point if we would abolish the income tax and go o a national sales tax.
Interested in receiving #OffTheGrid show updates, advance sneak peeks, giveaways & more awesome in-the-know info about the show? Click here to subscribe to our regular e-updates.a
The views and opinions expressed herein are those of the authors alone and do not necessarily reflect the views of Ora Media, LLC its affiliates, or its employees.
More from Jesse Ventura's Off The Grid
Jesse Ventura: How Bernie Sanders Sold Out
Jesse Ventura remembers his hero, Muhammad Ali
Jesse Ventura: Snowden performed public service & is a hero
Jesse Ventura: Why voters should listen to Gov. Gary Johnson
Jesse Ventura: Clinton will do anything to win, even pick Sanders as VP
Jesse Ventura: Here's one reason why I can’t be president
Is there hope for our economy? Most Americans don’t think so.
Jesse Ventura: I am not running for president