Friday, March 22, 2013

Beware the New Corporate Tax-Cut Scam: LIFT Is a Big Lie

Beware the New Corporate Tax-Cut Scam: LIFT Is a Big Lie
"First it was Fix the Debt, with tax-dodging corporations “leading the charge for massive new corporate tax cuts paid for with cuts to Social Security, Medicare, and Medicaid.” Now there’s a new “LIFT America coalition,” pushing for massive, massive corporate tax cuts, without bothering about cutting benefits. LIFT stands for “Let’s Invest for Tomorrow,” but as Citizens For Tax Justice (CTJ) points out, it really ought to be called LIE, for “Let’s Invest Elsewhere"."