The Last Of The Millenniums

Just because it always has been, doesn't mean it always will be

A ‘Conservative’ vision for America – So Where Are The Jobs? – ‘REPORT: Corporations Pay Lower Tax Rates Than The Middle Class’

corp don't pay taxes

If corporations are the ‘job creators’ and Republicans keep telling us that all we have to do is cut taxes on business and THAT will create jobs…..then where are the jobs?

Longer term……………this more then our political infighting will destroy America.

The tax burden is slowly being shifted to the middle class, a middle class who’s wage increases are being stopped as they also lose benefits such as health care.

We are an economic ‘class’ society.

The wealthy and Corporations vs. the middle class and poor.

And as the wealthy and Corporations influence our politics more and more, they will cut safety net programs more and more – leaving the middle class and poor with low wages, fewer job benefits and fewer social safety net programs.

‘Large, profitable U.S. corporations actually paid just a 12.6 percent effective tax rate in 2010’.

‘That’s barely a third of the 35 percent corporate rate on the books, and it’s actually lower than the median effective tax rate for middle-class Americans’.

‘The number comes from a Government Accountability Office (GAO) study intended to clarify the terms of debate as lawmakers weigh changes to the business tax code’.
From : http://thinkprogress.org/economy/2013/07/02/2248801/report-corporations-pay-lower-tax-rates-than-the-middle-class/

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9 thoughts on “A ‘Conservative’ vision for America – So Where Are The Jobs? – ‘REPORT: Corporations Pay Lower Tax Rates Than The Middle Class’

  1. Jueseppi B. on said:

    Reblogged this on The ObamaCrat.Com™.

  2. I think corporations (well actually all businesses) should pay all the income tax, no income tax on individuals. They already withhold the tax and send it to the government. Wages would have to be adjusted, just keep the take home pay the same. Corporations have the accountants. Let them do the work and free the people from the IRS.

    • Corporations benefit from an publicly educated workforce, a publicly funded safety/security/justice system, publicly funded transportation, publicly funded military.
      With this system in place, they profit and profit obscenely while buying legislators so they can keep the minimum wage down.
      Raise the minimum wage to $20.00 an hour, put in place a progressive income tax and do away with all the deductions and loopholes.

      • It the minimum wage in 1960 increased with the rate of inflation, it would already be over $20 per hour.

      • Yes. Instead it’s approx. 1/3 that while CEO’s incomes has gone up over 400%.

        The America ‘work ethic’ of ‘effort rewarded’ got screwed up in the 80’s and 90’s when making $$ from $$ became more profitable then producing a good product or providing a good service.

        We are at a ‘breaking point’ where the 1% upper class almost has a unbreakable strangle hold on the middle class working for them…..not the middle class working to improve their standard of living or making life better for their children.

      • Also, prior to about 1980, increasing productivity produced increasing wages. After 1980, increasing productivity only increased management wages, not worker wages.

      • A cycle that is killing off the middle class and enriching the ‘upper’ class.

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