Wednesday, April 18, 2012

Revenue from Corporate Taxes have Dropped 33% to Under 10% Over Last 50 Years

Thanks to 'The Young Turks' for exposing the big lie about corporations paying too much taxes. Since the 1950s revenue from corporate taxes dropped a high of 30+% to under 10%. During than same period, to make up for the difference in lost revenue, payroll taxes (what 'little' people pay) have gone up 4 times. Individual income taxes have remained the same, as a percent of total Federal revenue.

Still doubt if the corporations run this country and we don't?

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