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<blockquote data-quote="Lordtekk" data-source="post: 1055393" data-attributes="member: 37735"><p><span style="color: #333333"><span style="font-family: 'Georgia'">Awww what the heck,here is your source.</span></span></p><p><span style="color: #333333"><span style="font-family: 'Georgia'"></span></span></p><p><span style="color: #333333"><span style="font-family: 'Georgia'">As the nation frets over slow growth and large budget deficits, much has been made over how much Americas are and should be paying in income tax. President Obama and Democrats have argued that the wealthiest among us are not paying their fair share. They say the spoils of the globalization and the internet revolution have gone almost exclusively to the very wealthy, and that, in times of crisis, more should be asked of those who can afford to give. Those on the right counter that the wealthy pay their fair share and, more, that the top one percent pay a<a href="http://www.heritage.org/budgetchartbook/top10-percent-income-earners" target="_blank">huge percentage</a> of federal income tax receipts.</span></span></p><p><span style="color: #333333"><span style="font-family: 'Georgia'">But there is another source of federal revenues that receives less attention: corporate income taxes. <span style="font-size: 18px"><strong>According to the <em>Wall Street Journal</em>’s <a href="http://online.wsj.com/article/SB10001424052970204662204577199492233215330.html" target="_blank">recent study</a> of Congressional Budget Office numbers, corporations are paying an effective rate of 12.1%, the lowest in at least 40 years. </strong></span>So why are some of the biggest and most powerful entities in our society getting away with paying so little? The story is complicated, but the biggest factor in the recent collapse in corporate tax receipts appears to be a set of tax breaks built into recent stimulus efforts.</span></span></p><p><span style="color: #333333"><span style="font-family: 'Georgia'"></span></span></p><p><span style="color: #333333"><span style="font-family: 'Georgia'">Wall Street Journal owned by News Corp,which is owned by Rupert Murdoch who owns Fox News. hahahahahahahahahahahahahahahahahaha. Darn Liberals,</span></span><span style="font-family: 'Georgia'"><span style="color: #333333">but if you are using Google you seem to be very selective as to how to use it. You may need to stop typing how to respond to a liberal who always seems to have all the answers. You still lost though.</span></span></p></blockquote><p></p>
[QUOTE="Lordtekk, post: 1055393, member: 37735"] [COLOR=#333333][FONT=Georgia]Awww what the heck,here is your source. As the nation frets over slow growth and large budget deficits, much has been made over how much Americas are and should be paying in income tax. President Obama and Democrats have argued that the wealthiest among us are not paying their fair share. They say the spoils of the globalization and the internet revolution have gone almost exclusively to the very wealthy, and that, in times of crisis, more should be asked of those who can afford to give. Those on the right counter that the wealthy pay their fair share and, more, that the top one percent pay a[URL='http://www.heritage.org/budgetchartbook/top10-percent-income-earners']huge percentage[/URL] of federal income tax receipts. But there is another source of federal revenues that receives less attention: corporate income taxes. [SIZE=5][B]According to the [I]Wall Street Journal[/I]’s [URL='http://online.wsj.com/article/SB10001424052970204662204577199492233215330.html']recent study[/URL] of Congressional Budget Office numbers, corporations are paying an effective rate of 12.1%, the lowest in at least 40 years. [/B][/SIZE]So why are some of the biggest and most powerful entities in our society getting away with paying so little? The story is complicated, but the biggest factor in the recent collapse in corporate tax receipts appears to be a set of tax breaks built into recent stimulus efforts. Wall Street Journal owned by News Corp,which is owned by Rupert Murdoch who owns Fox News. hahahahahahahahahahahahahahahahahaha. Darn Liberals,[/FONT][/COLOR][FONT=Georgia][COLOR=#333333]but if you are using Google you seem to be very selective as to how to use it. You may need to stop typing how to respond to a liberal who always seems to have all the answers. You still lost though.[/COLOR][/FONT] [/QUOTE]
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