Paul Buchheit - How the Ultra-Rich Betray America
May 22, 2012 The betrayals come in many forms. Here are a few of the more outrageous, and destructive, examples:
Evasion: Corporations suddenly stopped meeting their tax responsibilities
While corporate profits have doubled to $1.9 trillion in less than ten years, the corporate income tax rate, which for thirty years hovered around the 20-25% level, suddenly dropped to 10% after the recession. It has remained there for three years.
We are seeing a manifestation of the Shock Doctrine. Corporations are using the national emergency of the financial collapse to make a statement about taxes, and a traumatized nation is too preoccupied to do anything about it.
Delusion: Technology companies won't admit that much of their 'innovation' is due to public assistance
According to the report Funding a Revolution, government provided almost half of basic research funds into the 1980s. Federal funding still accounted for half of research in the communications industry as late as 1990. Even today, the federal government supports about 60 percent of the research performed at universities.
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http://www.commondreams.org/view/2012/05/21