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Sunday, January 6, 2013

OFF AN ARTIFICIAL CLIFF OF THEIR OWN MAKING


OFF AN ARTIFICIAL CLIFF OF THEIR OWN MAKING

More proof that we are mired in political corruption that insures that our national debt may never be satisfied and that the special interests will keep plundering our national Treasury – sucking more and more money out of taxpayer’s pockets.
The “fiscal cliff” legislation passed this week included $76 billion in special-interest tax credits for the likes of General Electric, Hollywood and even Captain Morgan. But these subsidies weren’t the fruit of eleventh-hour lobbying conducted on the cliff’s edge — they were crafted back in August in a Senate committee, and they sat dormant until the White House reportedly insisted on them this week. Source: Tim Carney: How corporate tax credits got in the ‘cliff’ deal | WashingtonExaminer.com

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