Let’s windfall-tax the crap out of this corporation

It appears there are some bright spots in the Bush economy:

A new annual report from Planned Parenthood shows the nation’s largest abortion business has made over $1 billion in profit for the first time in its history. The non-profit pro-abortion group shows the historical gain in its new annual report covering 2006-2007.

While Planned Parenthood made $972 mil[l]ion in its 2005-2006 annual report, last fiscal year it brought in $1.017 billion.

(emphasis added) And speaking of corporate welfare . . .

Of concern to pro-life groups, Planned Parenthood acknowledges the receipt of over $336 million in government grants and contracts from both state and federal governments. . . .

And from the look of things, PPFA seems intent on preserving their “corporate welfare”:

For Planned Parenthood, weighed down by new criminal charges and legal suits, the best defense seems to be a good offense. The organization is sinking $10 million into its PAC, hoping to load the Congress with abortion allies who would help protect–if not increase–its multi-million federal funding stream. The amount allocated for political races is triple what the organization has spent in past elections. The Planned Parenthood Action Fund (PPAF) is even wading into local politics, a scene it had previously ignored. NARAL Pro-Choice America and PPAF will spend a combined $20 million in the 2008 election cycle on contests for the House, Senate, and White House.

Also at wisdomisvindicated.

2 comments:

  1. William, 29. March 2008, 15:01

    Lets tax the shit out of the churches.

     
  2. nedwilliams, 30. March 2008, 15:56

    Yes! there’s that Liberal tax hair-trigger!

     

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