Comments
|
4 Comments | Post Comment
|
|
There's another thing being overlooked. Corporations pay income taxes only on their net income after expenses. Wage earners pay on their gross income, with a few exemptions and deductions that don't even cover their health care costs, if they have health care. To see what would happen if individuals paid on their net taxes see:
http://eaanders.blogspot.com/2004/11/suggestion-for-bush-tax-reform-plan.html
Comment: #1
Posted by: Elwood Anderson
Fri Aug 7, 2009 10:55 AM
|
|
|
|
You should be ashamed of yourself. You are either uninformed, or you're intentionally misleading people.
Referencing the GAO study about "most" corporations not paying income tax was a smooth move. What you failed to mention, was that "most corporations" are nothing more than a burgundy binder on a shelf somewhere, that never make any money. Corporate income tax accounted for 304 billion dollars of federal taxes collected, while the bottom 90% of income earners in the US only accounted for 330 billion dollars. How can you imply businesses aren't paying their fair share, when their current share is nearly equal to what 90% of the population combined pays? Easy, you either had no idea, or you're intentionally misleading people. Either way you should be embarrassed, and your tripe should be removed.
Comment: #2
Posted by: Joe
Tue Aug 11, 2009 9:37 PM
|
|
|
|
Don't consumers end up paying corporate taxes via prices? Corporations are a red herring in this debate. A true apples-to-apples comparison would ignore corporations and just look at how the tax burden affects individuals and families, including how corporate taxes are passed on to consumers and shareholders.
Comment: #3
Posted by: MikeBC
Tue Apr 13, 2010 11:11 AM
|
|
|
|
I am in the top 3-5% of the earning population. I pay 36% of my annual earning in federal tax, state income tax, medicare and social security. I have a BSN, working on an MSN, and work 60+ hours weekly. My husband and father run a family owned business of 9 employees. It is a multi-million dollar a year company. We provide health insurance to our employees and their families for $26,000 MONTHLY. We work hard in our family, and therefore, we enjoy a very comfortable lifestyle. It is appauling to me that I would work 60+ hours per week as a registered nurse and work on a Master's degree to become a Nurse Practitioner to serve "deserving" low income patients, and my husband works 70-80 hours a week to ensure that he can provide for our family and his employees, and now, the government says that is not enough. I am being told that I am not doing enough for our country. I have NEVER asked for a hand out, never been on government assistance (even when I made less than $500 monthly as a young adult). No I chose to work hard, get an education, and make something of myself. How am I, my husband, my family, rewarded? We are told to work harder, pay more, and smile because some poor person cant provide for themself so I should. I say that is wrong. Why would any of our future generations work to better themselves if they are brought up in a society that says its ok to amount to nothing and claim unfairness in this world becasue someone else who has the luck to be self sufficient will pay my way?? Atlas Shrugged by Ayn Rand should replace the Great Gadsby as required reading for our teens. If you have not read this book, it will change your life and what you hold as moral and sound, so beware if you are comfortable in your current America...
Comment: #4
Posted by: cfisher
Wed Apr 14, 2010 6:33 PM
|
|
|
|
|
|
 |
|
|
|
|