Corporate Tax

[dealmaker]

Corporate Tax

New IRS data shows the tax burden is increasingly falling on individuals—corporation tax accounted for just 7.6% of the total take for 2018, which is its lowest share since at least 1960. Individuals paid 57%, and 33% came from employment taxes. Bloomberg

 

[comagnum]

Been going on for decades. Corporate welfare at the extremes - rob from the poor & middle class to feed the richest 1%ers that already own almost everything. The U.S. has long ago lost any real resemblance of a true democracy, we now have what is more like a banana republic with nukes.

 

[IamaMars]

Rich only get richer due to all that things. I see that most rich persons simply do not pay anything at all for any of their income, while small guy get solid tax burden for basically every move and it only increases over time for like 30 years already or so.