Friday, August 12, 2011

Romney: “Corporations Are People, My Friend”

Speaking at a campaign stop in Iowa on Thursday, Republican presidential candidate Mitt Romney faced hecklers angered over his comments that taxes should not be raised on corporations to preserve Social Security, Medicare and Medicaid because “Corporations are people.” Apparently the needs of such “people”–including corporations that paid no taxes–take precedence over the real people who happen to be seniors. Watch:

Romney: To balance our budget and not spend more than we take in, we have to make sure that the promises we make in Social Security, Medicaid, and Medicare are promises we can keep, and there are various ways of doing that. One is we could raise taxes on people. That's not the way...
Audience Members: Corporations!
Romney: Corporations are people, my friend.
Audience Members: No they're not!
Romney: Of course they are. Everything corporations earn ultimately goes to people.
Audience: (laughter)
Romney: Where do you think it goes?
Audience Member: In their pockets!
Romney: Whose pockets? People's pockets. Okay, human beings, my friend.

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