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Corporate tax loopholes are the bigger problem
The Gazette Opinion Staff
Sep. 19, 2012 1:37 pm
Sen. Harry Reid, D-Nev., has taken a sudden interest in Mitt Romney's money and the taxes he does/does not pay. Reid should be looking into the tax regulations and all the loopholes for big companies rather than one individual.
Last year, 26 big U.S. companies paid their CEOs more money than they paid in federal taxes while a lot of companies also received millions back in tax refunds. From 2008 to 2010, Democrats controlled the House and the Senate. They could have made and passed any law they wanted to including a tax overhaul that would have benefited all taxpayers and not just big money, but they didn't.
Redo the tax regulations to two pages. Oh and you Washington bureaucrats, stop stealing from our Social Security for other things you need and then scaring the elderly by telling them that Social Security is going broke.
While you're at it, bring our jobs back here. Make us proud once again to read made in the United States.
Clem DeMuth
Earlville
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