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It's easy to prey on Social Security/Medicare when you have a guaranteed pension or golden parachute. In Washington, that's precisely what many (senators/CEOs) want to do.
In times of prosperity, corporate taxes were higher with fewer loopholes and more employment. Currently, corporations get tax breaks for offshoring instead of paying a higher rate to make up the difference in the governmental loss of payroll tax. Not only do companies have a lower tax rate, they are encouraged to create more unemployment due to these current tax loopholes. Unless constituents express outrage, lawmakers will not bite the hand that feeds them.
Now is the time to turn up the heat on your local representatives and tell them hands off your hard-earned entitlements. It's time for special interests to pay their share.
First Published January 30, 2013 12:00 am