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Cool. For those of you arguing that corporate isn't paying taxes
Posted: Apr 11, 2011
The WH has graciously placed some charts on this website:
Table 2.2 has the receipts from individual and corporate taxes paid from 1934 to present.
There are plenty of other graphs if you want to spend the time.
;
I haven't been saying that none of them do, but some - who make enormous profits don't pay taxes
[ In Reply To ..]Most probably do pay, using as many legal loopholes as possible, just as individuals do. It's the ones who make huge profits and abuse those loopholes, and particularly the ones who abuse the loopholes, pay zero taxes, and get subsidies. That is a major thing I would like to see changed.
Not gonna happen when Obama puts one of - the biggest abusers as
[ In Reply To ..]an advisor...GE CEO, made big bonuses, offshored half their labor, and got tax refund this year even though they made profits. Why on EARTH would he want to reward the kind of behavior he then turns around and pans...oh well, same old same old. GE a big contributor to his campaign, as was Goldman Sachs...you remember Goldman sachs, big wall street company we bailed out in the billions? I believe Goldman Sachs was #2 on the campaign contribution list. Ahem.
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