Tag: Sherrod Brown

CSX should get its trains out of the way for unmarketable, unaffordable passenger rail! In the meantime, we can subject CSX to Sherrod Brown’s fix for a $1.62 trillion 2011 budget deficit: higher taxes on American employers.

In the spirit of bipartisanship, I’ve been calculating the results of punishing evil corporations and their fat-cat CEOs. After nine weeks and 18 of the largest companies in the S&P 500 index, where has Sherrod’s Sure-Fire Budget Oil gotten us?

Amazon.com isn’t evil in quite the same way as, say, Exxon Mobil, JP Morgan Chase, or Halliburton, but that doesn’t get Amazon off the hook!

Fear not: this punitive tax policy – like the millions of pages of bureaucracy Obamacare will spawn – won’t increase the cost of health insurance or care.

For two months now we’ve been calculating the results of applying Sherrod’s Sure-Fire Budget Oil to evil corporations and their fat-cat CEOs.

Sherrod Brown need only ask one question when raising someone’s taxes (are they rich?), so there’s a surplus of reasons for Boeing to pay their fair share.

If we’re going to try out Sherrod Brown’s solution to America’s $1.62 trillion 2011 budget deficit, we’ve got to soak the right rich people! I’ve tried these past seven weeks to target the worst corporations first, but I overlooked one of the evilest businesses of all…

Because seven is such a lucky number, many of you are thinking the seventh week of Soak the Rich is the one where we fill in the 2011 U.S. budget deficit – a $1.62 trillion gap – by cranking up taxes on big corporations. Many of you are 5.215% correct.

A company that builds things which build other things while consuming fossil fuels? Caterpillar, prepare to be soaked!