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Thursday, February 02, 2006

Republican values: Give tax breaks to companies that eliminate jobs

The George W. Bush and Republican camp love to give tax benefits for large corporations, and love to further reward them for laying off workers and moving jobs overseas. While Sailer and crew is overzealously obsessed with certain ethnic groups scoring a few points differently in IQ scores, there is a far more greater issue in America: unemployment and the elimination of the middle class.

In the last few weeks, layoffs continue at a staggering pace. Ford lays off up to 30,000 workers, Kraft lays off 8000 workers, 200 Electric Boat workers in Connecticut laid off, game maker Electronic Arts lays off 5 percent of work force. While this isn't much concern for Sailer, it is a concern for the rest of us who have to work for a living. Even more annoying is Bush's and the Republicans tax breaks for companies that lay off.

Tax Holiday
How the nonsensically named American Jobs Creation Act of 2004 allowed Ford to slash jobs while reaping huge job-creation tax benefits.

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