madmark.myfastforum.org

Mark · Site Admin Joined: 13 Nov 2007 Posts: 1052

Senate OK's bill barring contractors from avoiding tax

http://www.boston.com/news/nation...ng_contractors_from_avoiding_tax/

Excerpt:

The Senate yesterday passed by unanimous consent a bill prohibiting federal contractors from avoiding Social Security and Medicare taxes by hiring workers through offshore shell companies.

Earlier this week, the House of Representatives also voted unanimously to ban the practice, used by former Halliburton subsidiary KBR to avoid payroll taxes for more than 10,000 American workers in Iraq.

The bill, which appears to have veto-proof support, now goes to President Bush. The White House has not indicated whether he supports it.

Mark · Site Admin Joined: 13 Nov 2007 Posts: 1052

Huh? If it would interfere with corporate profits, Bush not only opposes it, he considers it terrorism. If his cronies' corporations can make more money by helping Bush bankrupt Social Security, by avoiding taxes, and by exploiting U.S. workers, that's just fine with him.

Marian · Guest

It's a good thing we've had the undocumented immigrants to keep paying the Social Security and Medicare taxes.

Mark · Site Admin Joined: 13 Nov 2007 Posts: 1052

True, it has been, Marian, since it was automatically deducted from their pay but they could never collect, so it was free money for the government.

But it went to the last remaining New Deal programs that the neocons want to bankrupt (they are too popular to be legislated away), so everything that is happening to undocumented workers benefits the neocons and hurts ordinary Americans.

Happy to see that you're able to post now!