Thursday, January 2, 2014

You want your tax break (or credit) extended? Better give to the right congress people

Folks, this is how it works!  This is our elected representatives prosper.  They create, manipulate and change laws to suit who ever has the money to contribute to their Campaigns and PACs.

By Nick Sorrentino on 

This is a nice little game (and revenue stream) for Congress. Tax breaks and tax credits come up for renewal every year and the beneficiaries of these favors queue up to throw campaign dollars and other gifts at the feet of Washington politicians – every year.

It’s crony capitalist genius. Why write something permanently into the code and only get paid once when Congress can turn political favors into a subscription service?
Remember the old adage. Never kill a sheep. Shear it over and over.


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