Corporate Welfare Runs Amok *
Sung to the tune "Limehouse Blues"

The price of your Band-Aids would suddenly drop
If corporate tax breaks weren't so over the top.
Johnson & Johnson will pay little or no
Taxes on profits they'd otherwise owe.

On overseas earnings they've not paid a cent.
Repatriate now and Junior's content
To drastically cut the taxes they pay
Increasing the deficit his own special way.

What kind of dough are we talking about?
What does it take to have corporate clout?
Eleven billion – that's just J & J.
Twenty-nine billion for Pfizer, they say.

Rmember the Vioxx debacle by Merck?
Their fifteen billion's a nice little perk.
Why would Bush contemplate this much largess?
Corporate lobbys? A reasonable guess.

He'll tax foreign profits at two and a quarter
Instead of the thirty-five he really oughter.
With what they save they will purchase each other,
Then shave even more by outsourcing your mother.

The tax cuts Bush gets you are not in that league
Unless you are part of an Enron intrigue.
So voice your outrage when you're begged to buy
A Band-Aid for Bush's next little white lie.

* NY Times Editorial - 1/30/05
"Corporate Welfare Runs Amok"

Music & Original Lyric by Douglas Furber & Phillip Braham
Alternate Lyric by Bob Carlson
www.politicalboondoggles.com
1/30/05

To 'Coprorate Greed Policies'
To 'Deficits Policies'