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<\/p>\nRUSH: Jackson, Mississippi. This is Robert, and I\u2019m glad you waited, sir. Great to have you here.<\/p>\n
CALLER: Hey, Rush, thanks for taking my call. I wanted to tell your listeners about something you may or may not have seen this week, I just read this yesterday, said that, you know, several multibillion-dollar corporations paid their CEOs more than they paid the federal government in taxes. Now, I know how you feel about individuals who don\u2019t pay their taxes, but I wanted to know how you feel about corporations who don\u2019t pay taxes. I mean, do you harbor the same antagonism for them?<\/p>\n
<\/p>\n
CALLER: No, corporations.<\/p>\n
RUSH: You said that you know how I feel about individuals who don\u2019t pay taxes. How do I feel about that?<\/p>\n
CALLER: I\u2019ve heard you say that 47% of Americans don\u2019t pay taxes, you know, and of course —<\/p>\n
RUSH: Well, but they\u2019re not illegally avoiding taxes. They don\u2019t have to pay taxes because they\u2019re being exempted. Their votes are being purchased.<\/p>\n
CALLER: — a third of their income in sales and property and payroll and excise tax.<\/p>\n
RUSH: Look, the only major corporation I know not paying US taxes is General Electric.<\/p>\n
CALLER: GE, eBay, Verizon, ExxonMobil, Chevron, Bank of America, Citibank, I mean I could go on.<\/p>\n
RUSH: Are you trying to tell me that every one of those corporations pays zero US taxes?<\/p>\n
CALLER: Zero taxes, Rush, sometimes they get money back from the federal government.<\/p>\n
RUSH: Sometimes there are tax credits. The oil companies have a tax credit for exploration, but I\u2019m not aware that Exxon\u2019s not paying any federal — I thought GE was it.<\/p>\n
CALLER: Well, I mean Exxon actually got a hundred something million dollars back from the government last year instead of paying taxes, I mean that\u2019s putting a big economic drain on our country, don\u2019t you —<\/p>\n
RUSH: Let me answer your question, and I don\u2019t know where you\u2019re going with this, but where we are right now, as much money kept in the private sector, the better. We have a federal government out of control. We have demonstrated that sending all this money to the federal government bankrupts and ruins and destroys the economics of this country. The federal government is not God. The federal government is not the best user of money.<\/p>\n
CALLER: So you\u2019re saying nobody should pay taxes at all —<\/p>\n
RUSH: No, I did not say nobody should pay taxes. I\u2019m saying that a lot of people are overtaxed, a lot of people are undertaxed, the whole purpose of taxation is out the window. The tax code is no longer.<\/p>\n
CALLER: — more than GE pays — (crosstalk)<\/p>\n
RUSH: I don\u2019t care about any of that. The tax code right now is not written to raise money to run the government. The tax code right now is written for political patronage purposes.<\/p>\n
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<\/p>\n
RUSH: The middle class and the poor are not paying any income taxes.<\/p>\n
CALLER: They\u2019re paying plenty of taxes —<\/p>\n
RUSH: Forty-seven percent of Americans who work pay no income taxes. The top 10% are paying close to 50% of all income taxes, sir. You don\u2019t know what you\u2019re talking about. You\u2019re filled with a bunch of liberal misinformation, and you got yourself worked up here into a lather over what you think is a totally unfair system where the rich aren\u2019t paying anything. The rich are the ones supporting this country right now, and Obama\u2019s taking aim at them, and if you were listening yesterday, you know that in the last two years the number of millionaires and people that earn over $10 million is down by 39%. Now, if that makes you happy, I\u2019m sorry for you, cause that\u2019s not helping anybody because those are the people that hire people.<\/p>\n
I\u2019m gonna tell you this, the number of millionaires and people who earn over $10 million is down 30, 39%, and is any of that money ending up with you? A lot of people think, yeah, soak the rich, give me my share. You\u2019re not getting it. Where\u2019s it going? We\u2019re still in massive debt, deficits, national debt skyrocketing out of control, wealth is being destroyed. I know a lot of people on the left think wealth ought to be destroyed because somehow they think that with the socialists and utopian redistribution they\u2019re gonna get their share of it. Nobody\u2019s getting it. The government is out of money. It doesn\u2019t have any. And so the only place they can go to get money is to people who do have it and they\u2019re taking it from them.<\/p>\n
What\u2019s going on in this country is an absolute outrage. And instead of being all worked up about five or six individual cases here — by the way, the biggest culprit in what has you exorcised is General Electric, Obama\u2019s best friend. You\u2019ve been poisoned about taxes and who pays them and who doesn\u2019t, and you think the tax code ought to be used for punishment, you think the tax code ought to be used for getting even with people. The purpose of the tax code is to raise sufficient revenue to run the government and the country. It\u2019s no longer for that purpose. If it were, we would be lowering everybody\u2019s rates, we\u2019d be trying to create as many new jobs as possible, as many new taxpayers as possible. That\u2019s how you create more revenue to run your precious government. But tax collections are down because there are more and more people out of work, more and more people not paying taxes, corporations, individuals, I don\u2019t care how you slice it, and so what\u2019s the government doing? Printing and borrowing and spending anyway. Irresponsibly.<\/p>\n
They\u2019re spending the money of yours and your children, your grandchildren. They\u2019re spending money of sperm cells that haven\u2019t even found an egg yet to fertilize, for crying out loud. You need to redirect your anger here, and you need to change the definition of what\u2019s gonna make you happy \u2019cause I\u2019ll guarantee you every one of these corporations that you think, that you\u2019ve been is not paying taxes, let\u2019s go just take everything they\u2019ve got, let\u2019s shut \u2019em down. Let\u2019s shut down ExxonMobil, let\u2019s shut down every oil company, let\u2019s shut down all these people, and I guarantee you you\u2019re not gonna be a penny wealthier after that happens. You\u2019re gonna be worse off. You vote for people who want you to be made happy when somebody else gets screwed. By screwed, I mean having their taxes raised.<\/p>\n
You\u2019re voting for people who think you should be satisfied and happy when you hear that somebody else has their taxes raised. It doesn\u2019t help your life, it doesn\u2019t change your life except for the worse, because for every corporation taxed out of existence or taxed out of profit, that\u2019s another corporation for which you have no chance of ever getting a job. But if you think that these corporations ought to be taxed out of existence because for some reason they\u2019re nothing but a bunch of giant thieves, I\u2019m gonna tell you that if it ever happened you would still be as miserable then as you are now.<\/p>\n
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Now, corporations pay a 35% tax rate in this country. It\u2019s the highest in the world. They pay a ridiculously high federal corporate tax for the most part based on what other countries tax their companies, and after they pay their corporate tax, then the shareholders who cash out their investments pay a capital gains tax on top of the corporate income tax already paid by the corporation, and the people who work for the corporation pay an individual federal income tax on top of what the corporation already has paid its corporate income tax. A dollar earned by a corporation is taxed not once but at least twice. This is how successful the left has been. Their enemies list is every corporation. They\u2019ve got people believing that they don\u2019t pay taxes. The people that work at these companies pay taxes. The corporations do.<\/p>\n
But here\u2019s the dirty little secret, Mr. Dummkopf. The dirty little secret is that corporations don\u2019t pay taxes. They build the taxes into the price of the product you buy or pay for. All of those costs are built into the cost of the product or service the corporation\u2019s producing for the consumer. Now, maybe Warren Buffett\u2019s company is disputing its tax bills since 2002 with the federal government, but many companies have been paying on time what they are said to owe. Warren Buffett is in arrears. Warren Buffett, who wants you paying every dime of your estate tax, is fighting the Berkshire Hathaway income tax. And while we are at it here, what of the hundreds of billions of dollars a year that the federal government misuses or pays in fraudulent schemes every year? Imagine if individuals and businesses could keep the money instead. Why is this never considered when we talk about taxation? Hundreds of billions of dollars every single year.<\/p>\n
The General Accounting Office puts out endless reports on this waste. Where do you people get off? I get so ticked off at you intellectually lazy people who think that the government is God, that every dollar they get or spend is somehow sacred. There is more fraud and waste and misuse. If the federal government were held accountable to the law as corporations are held accountable, half the federal government would be in prison. But, no, the government is good, the government is taking care of poor people, the government\u2019s caring for people with health care and Medicaid and Medicare and Social Security. Fixing fraud, waste, and crime in the government seems to never be a priority. Instead, whether we are screwing some individual or class of individuals or companies is the priority.<\/p>\n
Warren Buffett hasn\u2019t paid taxes for his company for four of the last ten years. He\u2019s disputing it. But when it comes to the estate tax he wants you to pay as much as you can be made to pay. Claims that ExxonMobil did not pay taxes in 2009 are just plain incorrect. All these other companies as well. ExxonMobil paid $78.6 billion in taxes worldwide. But the precious US government didn\u2019t get its fair share of this. Why should they? They\u2019re trying to put \u2019em out of business, for crying out loud. The United States government under Barack Obama is trying to make it impossible for ExxonMobil to do business in this country. God, some of you people are stupid. You people on the left are just plain dangerously ignorant, running around all wound up, ticked off, angry. You don\u2019t even know why, and then you make yourself believe you\u2019re gonna be happy if somebody gets screwed. What kind of life is that, to run around wanting your happiness to be deponent whether somebody you supposedly hate gets screwed, and you don\u2019t even know the people being talked about.<\/p>\n
Ah, screw social justice. I\u2019ll tell you what. You hate ExxonMobil and all that, you go try to get gasoline, you go do what it takes to put gasoline in your tank yourself, or your hybrid, or your stupid electric car. Whatever it takes to power that, you go do it yourself. If the people making it possible for you to drive your car are such creeps, SOBs, and whatever else, worthy of your hatred. Born of your own ignorance. Yes, Snerdley, I\u2019m ticked at \u2019em. Just one of these days. Doesn\u2019t take much. I\u2019m not suffering fools gladly today. Dummkopfs, sniveling little nasal whinny — nah-nah-nah-nah-nah-nah-nah-nah. Take it somewhere else.<\/p>\n
BREAK TRANSCRIPT<\/p>\n
RUSH: I\u2019ll tell you what ticks me off about this, and I think this is the key. These liberals like this last sniveling little guy that called me, they love the products and services that businesses provide. They love gasoline. They may run around and say they hate the polluting aspects of it, but I don\u2019t see any of them taking the hoof express to get where they\u2019re going. They all drive. I don\u2019t see them driving around in a horse and buggy. They may think they\u2019re doing some good by driving a hybrid, but they\u2019re still putting gasoline in whatever vehicle they use to get around in.<\/p>\n
They use all these products, all these services. They use \u2019em as much as anybody else does. But they hate the people that provide it. These people drive into a gas station seething with rage. But they buy it. This is how irrational they are. They don\u2019t have one speck of appreciation for the work necessary to make their lives easier. They\u2019ve somehow been convinced to hate all these companies, corporations, people that work at them, or what have you. Folks, we face an irrational, insane, delusional enemy. I\u2019m talking about here in a political sense.<\/p>\n","protected":false},"excerpt":{"rendered":"
RUSH: Jackson, Mississippi. This is Robert, and I\u2019m glad you waited, sir. Great to have you here. CALLER: Hey, Rush, thanks for taking my call. I wanted to tell your listeners about something you may or may not have seen this week, I just read this yesterday, said that, you know, several multibillion-dollar corporations paid […]<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-18131","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\n