Is zero low enough?
Tag: taxes
Honeywell CEO David Cote, when he asked what he thought the corporate tax rate should be answered, “zero.” Why? “But at the the end of the day, jobs come from companies and if we wan
The problem isn’t just Facebook co-founder Eduardo Saverin, who is a traitor for renouncing his American citizenship so he doesn’t have to pay taxes, it’s the whole company engaging
The Republicans have decided to back the payroll tax extension, fearful of being painted as anti-middle class in the coming elections. As Kos noted in a tweet, there’s no way this happens without Occupy Wall Street. This is concrete evidence of how OWS has changed the discussion in America. Remember 6 months ago? The Republicans […]
I just did a quick Nexis search, and discovered that the query “(Paul Ryan) and serious” produced 314 hits in the last 48 hours. Browsing through a couple of dozen of them I discovered tha
I suspect James Madison et. al. would be appalled to discover that it would eventually become much harder for presidents to pursue even the most modest aspects of their preferred domestic policies tha
Citizens for Tax Justice has a breakdown of the effective tax rate paid by various income groups, taking all federal and state taxes into account. Some highlights: (1) Outside the poorest 20% (average cash income $12,400) every other subgroup in the survey pays essentially a flat tax. For instance, those averaging 66K a year pay […]