PROFOUND TRUTH REVEALED BY HIGH-FASHION MELANIA?
“…a profound truth at the heart of this administration and its relationship to America’s citizens: It is as dissociative as a fashion advertisement, brought to […]
Month: August 2017
19.4% IS ACTUAL CORPORATE RATE PAID
As a group, the 288 corporations (profitable Fortune 500 companies) paid an effective federal income tax rate of 19.4 percent over the five-year period, 2008-2012. […]
TELECOMMUNICATION SECTOR PAID A 9.8% TAX RATE OVER 5 YEARS
Corporations in the financial sector paid an 18.8 %. In the aerospace and defense sector, corporations paid a16.7% Transportation sector corporations paid 16.4 percent. Oil, […]
5 YEARS 5 COMPANIES $77 BILLION IN TAX BREAKS
Wells Fargo, AT&T, IBM, General Electric, and Verizon enjoyed over $77 billion in tax breaks between 2008 and 2011. Source: http://www.ctj.org/corporatetaxdodgers/sorrystateofcorptaxes.pdf
INDIVIDUALS CONTRIBUTE 46%; CORPORATIONS,13%
As corporations’ contributions have dropped by 3/4 to only 1/4 the level in 1944. Individuals’ percentage has remained steady. The cost of maintaining our democracy […]
LOWEST CONTRIBUTIONS BY CORPORATIONS
Corporations contributed 38% of federal revenues in 1944. In 1950 , corporations contributed 30% of federal revenues. 13% is corporate contribution to federal revenues in […]