When Are No Taxes Not Enough? Think G.E.

You know me. I don't like to find fault with our government. But for just this once I'd like to say that I disagree somewhat. No, let me rephrase that. I strongly disagree with the idea of reducing the tax rate for corporations while cutting such things as Food Stamps and education and some are even cutting unemployment compensation. Now I know the argument that we have the highest tax rate in the world on corporations. But if that's true, then how come companies like G.E. that had over $14 billion in profits worldwide and over $5 billion in the U.S. is paying no taxes and in fact is owed over $3 billion from the government? Ya know? If I made $5 billion last year, I don't think I'd have the gall to ask for $3 billion in subsidies and tax credits from the government while the government has to cut out so many important lifelines for the poor and unemployed. How does G.E. and a lot of other companies get away with this rot? Well for one thing they hire former IRS and Treasury agents to figure out all the loopholes. Then they buy congress with massive donations to campaign funds and PACs. Of course it doesn't hurt when the CEO of G.E. is President Obama's liaison to the business community. So even the President is is being advised by the companies on how to get their taxes lower. How do you lower the taxes on somebody who pays no taxes? I go back to the argument that the wealthy, those earning over $250,000 per year, need to pay more taxes. The argument that it will stifle growth in industry and hurt jobs is pure rubbish. What will and is stifling job creation is cutting entitlements. The idea that if you give extra money to a rich man he'll go out and create a job, that giving extra money to a company will spur that company to expand and create jobs simply doesn't make any sense. Corporate holdings of cash is well over a  trillion dollars and growing. With that much money on hand, why would extra money make them expand when they already have enough to do it? What will make them expand is more sales of their products and services. That and that alone will spur jobs growth. How do you get more sales? Put money in the hands of the people who buy those products and services. Come on. It's not rocket science. Except maybe for a few folks like Palin, Gingrich, Backman and Trump et al. But then, they still think Obama wasn't born in America. They think the Revolutionary War started in New Hampshire, not Massachusetts. Newt, you should know better. Come on folks, study up a little.