Absolutely not, because that statement is as false as saying a mare and a stallion mated and had a little furry rabbit!
To all you darling people who don't know the facts: Please do your research before you open your mouths and the drivel starts running out.
The tax base in 2007 was 138 million people.* Of those 138 million, 5% pay 95% of the entire tax collected. That leaves 131,100,000 of us have to pay the rest. BUT - - - 35% of the 95% or 45,885,000 don't pay any taxes at all!** They don't make enough money, after their deductions to have to pay taxes, or they are exempt for some other reason. So now we have 85,215,000 of us paying taxes. The numbers will be a bit different this year, of course.
You have only to read Obama's blogs, listen to his speeches and to the daily/nightly clips of what he has said and know that he has repeated over and over again that he is giving tax REFUNDS OR REBATES TO THE LOWEST 95% OF OUR TAXPAYERS. He makes no bones about the fact that he IS including EVERYONE in that 95%, whether they pay taxes or not. They will get a "welfare" check instead of a refund check, because Obama thinks sharing the wealth is the best thing to do. When you have time, read Karl Marx's Communist Manifesto. He also says he will cut their taxes, but if you use your head, there will be NO CUTTING OF TAXES, when we are in debt to the tune of $13 trillion.
Now to the few of you who think the corporations are just gobbling up money like turkey at Thanksgiving. They aren't! ! !
Some of the largest corporations in our country are/were
our huge banks and brokerage houses - Freddie Mac and Fannie Mae were leading the list! And boy aren't they just raking in the dough now?
There is no such thing as BIG OIL OR BIG CORPORATIONS! I remember when I was in high school there was a saying - General Motors is next to God! Well, they sure have tumbled from the sky, haven't they? The Auto Corps. were on the top of the food chain for many years. Next came the enormous growth of the computer corporations, followed by the home entertainment corps.. They grew until they exploded because there were too many producing and selling the same thing.*** Corporations ebb and flow. Big hot shots one year and down the road - nothing.
The average profit margin for most manufacturers is 9.2%. The average profit margin for your BIG OIL corporations is 7.6%. To top that off, your BIG OIL corporations put in 70% of the money that was spent in 2007 for research on alternative energy resources.**** Now tell me that BIG OIL is "bad".
* IRS Website
*** WashingtonTimes.com and FoxNews.com
**** U.S. Department of Energy in Parade Magazine