UNDERNEWS: Word: The reality of corporate taxation

November 20, 2017

Word: The reality of corporate taxation

Bernie Sanders - In 1952, corporate America paid 32% of all federal taxes. Today, despite record breaking profits, they pay less than 10% and one out of four large profitable corporations pay nothing in federal income taxes.

1 comment:

Anonymous said...: Politician: You corporations should pay 32% of the taxes in this country!!!

Corporations: OK, but then we won't contribute anything to you're re-election campaign! We are AMERICANS, Patriotic AMERICANS dammit, and we shouldn't have to pay more! Or I'll take my playthings and become a Patriotic Dubai resident, like Halliburton... dammit!

Politician: Oh... OK. I'll soak the poor, they can't complain.; November 20, 2017 at 9:39 AM

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The Review is edited by Sam Smith, who covered Washington under nine presidents, has edited the Progressive Review and its predecessors since 1964, wrote four books, been published in five anthologies, helped to start five organizations (including the DC Humanities Council and the DC Statehood Party), was a plaintiff in three successful class action suits, served as a Coast Guard officer, and played in jazz bands for four decades.

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