The unwillingness of companies to fork over their fair share has consequences for all of us—especially in these hard times of fiscal cliffs and sequestrations. The 288 profitable corporations studied by Citizens for Tax Justice enjoyed tax subsidies to the tune of a whopping $362 billion from 2008 to 2012. This is $362 billion that could have been instead spent on education, health care, and social services for the betterment of all of us.
And with all this tax-dodging, the burden of running the federal treasury has shifted to you and me.
“Corporate taxes paid for more than a quarter of federal outlays in the 1950s and a fifth in the 1960s,” says the report. “In fiscal 2012, corporate taxes paid for a mere 7 percent of the federal government’s expenses.”
One of the more interesting revelations in the report is how corporations are masters at using arcane breaks to avoid paying any taxes at all. Take the deduction that companies get on stock options, in which they’re able to subtract from their taxes the difference between the amount employees pay for a company’s shares and the face value. Facebook used this one deduction to avoid paying any federal income tax at all in 2012 on a billion dollars of profit.
You know what’s awesome? The simultaneously thrilling and terrifying sight of the impossibly massive talons belonging to a mighty Harpy Eagle. This humbling photo was recently shared by Redditor louiebaur. To get an even better sense of just how big these talons are, click here for a comparison image.
And remember, it’s not just the length and sharpness of those talons that are fearsome, the strength of the eagle’s grip is enough to break arm bones or crush a hand. So yes, that’s a lot of avian awesomeness in one photo. Let’s hope that whoever is touching those talons with their fragile human fingers is awfully good friends with that particular eagle.
"Republicans want smaller government for the same reason crooks want fewer cops: it’s easier to get away with murder." ~ James Carville
I had this friend once. She called me spaceman.
Exploring the Clifftop Ruins of Scotland’s Dunnottar Castle
For more photos and videos from the ruins, explore the Dunnottar Castle location page.
On Scotland’s northeast coast, the ruins of Dunnottar Castle keep silent watch over the North Sea. Thought to have been built around the sixth century as Dùn Fhoithear, the fortress occupies 1.4 hectares (3.5 acres) on a clifftop 50 meters (160 feet) above the rocky coast below. A national landmark since 1970, the castle draws local and visiting Instagrammers alike to its scenic views and rich history.
From the 13th through the 18th century, Dunnottar was the home of the Keith family, Earls Marischal of Scotland—custodians of the Honours of Scotland (the crown jewels, sword and scepter). When Charles II was crowned King in the Scottish Parliament during the height of the English Civil Wars, the crown jewels used during the coronation could not be returned to Edinburgh as Oliver Cromwell’s English forces advanced in the region. For safekeeping, they were carried to Dunnottar in sacks of wool, where they remained during Cromwell’s eight-month blockade of the castle. Though Cromwell was ultimately victorious in defeating the last remaining Scottish stronghold, the jewels were smuggled out and hidden under an old church in Kinneff where they remained until Charles II regained the throne in 1660.
Here’s a sneak peek at the issue #1 covers for the brand-new DOCTOR WHO: THE TENTH DOCTOR and THE ELEVENTH DOCTOR comic series from Titan comics.
Doctor Who: The Tenth Doctor #1
The Tenth Doctor is back in an all-new ongoing series! New companion, new horizons, unforgettable new foes. Allons-y!
Eisner Award-winning writer Nick Abadzis (Laika) and fan-favorite artist Elena Casagrande (Angel, Suicide Risk, Doctor Who, Star Trek) take control of the TARDIS for their first five-issue arc with the Tenth Doctor. And don’t miss the second arc, by fellow series architect Robbie Morrison (Drowntown, Nikolai Dante, The Authority).
Doctor Who: The Eleventh Doctor #1
The Eleventh Doctor returns in an all-new ongoing series, with a time-twisiting leap into the unknown. Geronimo!
Series architects Al Ewing (Loki: Agent of Asgard, Mighty Avengers, Trifecta) and Rob Williams (Revolutionary War, Ordinary, Miss Fury, The Royals: Masters of War, Trifecta) kick off a whirlwind adventure through eternity for the Eleventh Doctor, with artist Simon Fraser(Nikolai Dante, Grindhouse, Doctor Who).
Check out the issue #1 covers for both series by Alice X. Zhang!