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ProfessionalLeftist

(4,982 posts)
Tue Apr 9, 2013, 04:29 PM Apr 2013

Do US corporations pay some of the highest taxes in the world? NO!! Nowhere near it.



• • • 

And then there's THIS:

(Contrary to GOP Rhetoric) The U.S. Collects LESS In Taxes Than All But Two Industrialized Countries

President Obama and Senate Democrats have presented deficit reduction plans that would rely on both spending cuts and increased tax revenues, but Republicans continue to insist that the U.S. has only a “spending problem” and that deficit reduction does not require new revenues.

The premise of the argument from Republicans is that Americans already face an extraordinarily heavy tax burden. Citizens for Tax Justice, however, compared levels of taxation in 2010 in the other industrialized countries that make up the Organization for Economic Cooperation and Development (OECD) and found that the U.S. not only collects far less in tax revenues than the average OECD country, but that it also collects less in taxes as a share of its economy than all but two other OECD nations...




THE REST:

http://thinkprogress.org/economy/2013/04/08/1834981/the-us-collects-less-in-taxes-than-all-but-two-industrialized-countries/
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Do US corporations pay some of the highest taxes in the world? NO!! Nowhere near it. (Original Post) ProfessionalLeftist Apr 2013 OP
K&R. Sharing. Dark n Stormy Knight Apr 2013 #1
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