Nope, we’re not broke

Posted: 8 April 2016 in Uncategorized
Tags: , , , ,

And this is before the Panama Papers [ht: ra]. . .

revenue_pie,__2015_enacted ind_and_corpo_tax_line_chart,_enacted_2015

Corporate income taxes represent a small percentage of total federal tax revenue (only 11 percent) and they’ve been steadily declining for a long time (since the 1940s).

Comments
  1. netbacker says:

    and they’ve been declining for a long time (since the 1940s).
    Note: Right about after this article was published
    TAXES FOR REVENUE ARE OBSOLETE
    by Beardsley Ruml, Chairman of the Federal Reserve Bank of New York.

    http://home.hiwaay.net/~becraft/RUMLTAXES.html

  2. […] netbacker on Nope, we’re not broke […]

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