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NMDemDist2

(49,314 posts)

4. 4. Corporations stopped paying HALF OF THEIR TAXES after the recession.

Sun Nov 25, 2012, 05:03 PM

Nov 2012

After paying an average of 22.5% from 1987 to 2008, corporations have paid an annual rate of 10% since. This represents a sudden $250 billion annual loss in taxes.

U.S. corporations have shown a pattern of tax reluctance for more than 50 years, despite building their businesses with American research and infrastructure. They've passed the responsibility on to their workers. For every dollar of workers' payroll tax paid in the 1950s, corporations paid three dollars. Now it's 22 cents. (my emphasis)

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Discussion points the Elite would rather you didn't discuss: [View all] truedelphi Nov 2012 OP

Du rec. Nt xchrom Nov 2012 #1

K&R. Iggo Nov 2012 #2

Big K&R. nt valerief Nov 2012 #3

4. Corporations stopped paying HALF OF THEIR TAXES after the recession. NMDemDist2 Nov 2012 #4

Enlightening. silverweb Nov 2012 #5

Great Post,K&R,N/T! Rain Mcloud Nov 2012 #6

k&r bloomington-lib Nov 2012 #7

HUGE K & R !!! - Thank You !!! WillyT Nov 2012 #8

I John2 Nov 2012 #9

Right-On! Populist_Prole Nov 2012 #10

K&R. Each one is a shocker. That we are 4th in income inequality out of 150 countries. Overseas Nov 2012 #11

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Kick. Dark n Stormy Knight Nov 2012 #12

6. Tax deductions for the rich could pay off 100 PERCENT of the deficit. bvar22 Nov 2012 #13

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According to the audit that Bernie Sanders demanded and got truedelphi Nov 2012 #16

The first one really ... LisaLynne Nov 2012 #15