Just to illustrate the point...

Remember the other day when I said "we don't have a spending problem, we have a REVENUE problem"?
Well this illustration will show you what I'm talking about when I say you and I are being made to pay for GE and ilk:

As David Callahan writes:

But I doubt that there is a single top tax attorney or chief financial officer in the country who was all that surprised. You see, these people are denizens of Loophole Land – a very different place than W-2ville where most Americans live.

In Loophole Land, nothing is quite as it seems. Yes, there is a top corporate tax rate of 35 percent, but it is well understood that nobody actually pays that. On the contrary, many companies pay nothing at all.

How can this be?

For starters, Loophole Land has no national borders and so it is easy to shift money around in ways that avoid taxes. General Electric works all over the world, and under tax law, it isn’t taxed on its foreign profits as long as it says that it is reinvesting those profits abroad. Many companies become expert at shifting profits abroad to foreign subsidiaries in low-tax or no-tax nations. In 2008, Goldman Sachs, had 29 subsidiaries located in offshore tax havens and reported profits of over $2 billion. It paid federal taxes of just $14 million on those profits.

Loophole Land is also a place where past business losses are never, ever forgotten. So, for instance, if you run a giant conglomerate with a profit-hungry credit division that makes a lot of stupid loans to people who can’t pay them back, fear not: you’ll be able to write off those losses – in effect getting ordinary taxpayers to subsidize your gambling debts. General Electric is widely seen as a manufacturing company. But up to half of its profits during the Bush years came from its large consumer lending business, GE Capital, and that business suffered huge losses during the crash – reportedly $32 billion. Now we are all helping GE foot the bill for that unlucky streak.

So, if you're feeling like you're barely able to keep your head above water financially, and you don't have as much money as you used to, you're right! Tax policy over the past 30 years has been designed to shift the tax burden off corporations and the wealthy, dumping it onto - you guessed it -

US.

Now consider that GE got $4B of OUR money in subsidies.

With all this, if you DON'T think our tax structure needs radical reform - YESTERDAY - then I can recommend a good Psychologist for your delusional disorder.