Monday, October 25, 2004

Hog Wild

The Moose asks not what you can do for your country but rather what your country can do for importers of Chinese ceiling fans!

The country is at war, veterans struggle for adequate health care and the deficit is spiraling out of control. So what does Washington do? Well, it gives a massive handout to corporate America. With little fanfare, on Friday, the President signed a law, that the Washington Post reports "showers businesses large and small with $143 billion in tax breaks over the next 10 years."

So much for business as usual! So, who benefits in this pigs at the trough routine? Here's the rundown -

"The $76.5 billion centerpiece of the new law effectively lowers the corporate income tax from 35 percent to 32 percent for domestic "producers" -- broadly defined to include old-line manufacturers, newspapers, home builders, even architectural and engineering firms. Also included is $42.6 billion of tax cuts for overseas profits.

"Beyond those major provisions are hundreds of smaller measures that benefit restaurant owners and Hollywood producers; makers of bows, arrows and sonar fish finders; NASCAR track owners; and importers of Chinese ceiling fans." (Moose added emphasis)

Here is the great Washinton conceit - the President goes on and on about how the country is at war and that these are extraordinary times. Yet, the only ones sacrificing in this unusual war are the brave heroes who are risking their lives on the front lines in combat and their families.

The Moose wonders how many Gold Star mothers benefited from this law? How many families of servicemen and women who perished in this struggle will gain a new loophole? How many Marines surrounding Fallujah will see their paycheck increase because of this law?

This law is an obscenity. It is no wonder why some on the left are raising the specter of the draft. This is a care free war for the comfortable. War profiteering is continuing apace and our soldiers are mired in a conflict where their leaders have failed to provide adequate resources or manpower.

As Bob Dole once asked, "Where's the outrage?"
-- Posted at 8:45 AM | Link to this post | Email this post