The Government Accountability Office (GAO) has reported that 29 American Defense Contractors used offshore foreign subsidiaries from 2003 to 2008 to avoid paying social security and medicare payroll taxes.
The biggest offender was Kellog, Brand and Root (KBR).
Is it good business practice to avoid paying payroll taxes for the long term health and benefit of your employees? Is it patriotic?
Why do stock holders continue to employ executives who engage in such practices?
Why aren't stock holders penalized for accepting dividends from companies that transfer their social responsibilities to honest taxpayers?
Why has the Supreme Court ruled that irresponsible corporate "persons" like KBR should be permitted to devote unlimited resources to elect politicians of their own choosing?
French Premier Nicholas Sarkozy's outburst against bankers who "made a fast buck with other people's money" could be directed toward more than just bankers. The malady seems to permeate our entire legal, political and economic system.
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Not only do these corporate members of society not contribute to the plate offering they go a step further and take money out of what others have contributed with no shame. What is it about you shall not worship no false gods that comes to mind. Isn't greed a sin? Maybe gluttony?
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