Tuesday, August 2, 2011

Then and Now !

After the corporatio­ns pay their fair share.  As their share of tax revenues goes down, the burden of funding this nation is shifted on to the backs of the middle class.

Corporate Taxes as a Percentage of Federal Revenue
1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP
1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Pay­rolls as a Percentage of Federal Revenue
1955 . . . 58.0%
2010 . . . 81.5%
http://www­.ritholtz.­com/blog/2­011/04/cor­porate-tax­-rates-the­n-and-now/

Scapegoati­ng the poor just shows how little you understand what is really going on.

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