Tuesday, April 5, 2011

Corporate Taxes

Let's have a little perspective when asking teachers, friefighters, and public safety employees to sacrifice in these lean budget years.  This post mentions not only companies that earn billions in profits but get large tax rebates, but the fact that corporations used to account for 30% of the federal tax base and are down to 6% and still shrinking.  Companies are also getting tax breaks from state and local governments.  I suspect that not only does this put more burden on individual taxpayers, but on small businesses that do provoide a lot of jobs.  More equity is needed.


Posted via email from reannon's posterous

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