Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

WhoIsNumberNone

(7,875 posts)
Sun Aug 23, 2015, 11:55 AM Aug 2015

TYT: American Corporations: Workers Pay Taxes, Not US!!!



Over the past few decades, corporations have taken over the body politic via a concerted effort to place their henchmen on the Supreme Court. Now the average American citizen has zero say in policy while the donor class has complete control. A look at the current US tax code shows what they’ve done with that control. Cenk Uygur, host of the The Young Turks, breaks it down. Tell us what you think in the comment section below.

"The U.S. federal government is bringing in more money in taxes than ever before. Over $2.67 trillion has come in so far this fiscal year, according to the latest Treasury Departmentreport. That's a record -- in dollar terms -- for the first 10 months of the year (the government's fiscal year ends in September). Expect 2015 to finish at an all-time high.

So who pays the bulk of U.S. taxes? The burden has shifted from companies to individuals over time.

In the early 1950s, corporations accounted for over 30% of U.S. tax revenues. Today, businesses pay about 11% of taxes, according to the U.S. Treasury.”*


Read more here: http://money.cnn.com/2015/08/14/news/economy/us-government-taxes-record/
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
TYT: American Corporations: Workers Pay Taxes, Not US!!! (Original Post) WhoIsNumberNone Aug 2015 OP
Hardly anyone is paying taxes yeoman6987 Aug 2015 #1
Why pay taxes.. padfun Aug 2015 #2
Know Thy Enemy - Oligarchs, Corporations And Banks - Leaches And Cheats To Their Core cantbeserious Aug 2015 #3
 

yeoman6987

(14,449 posts)
1. Hardly anyone is paying taxes
Sun Aug 23, 2015, 12:04 PM
Aug 2015

About 48 percent of the citizens actually pay federal taxes and very few corporations pay much if at all. We have to get corporations to pay something at least. Who has the courage to make them?

Latest Discussions»Retired Forums»Video & Multimedia»TYT: American Corporation...