top 5 % own more than half of the wealth

[asterism]

OUR American tax base is not the same base we used to depend on to fund this country.

All the republicans do is call for more and more tax cuts for the most privledged Americans.


They want to shrink our government to a size they can drown the whole thing in the bath tub.

What base was used before?

 

[Truthmatters]

the wealthy and the corporations were called on to pay their fair share.

Your own links showed that.

 

[asterism]

the wealthy and the corporations were called on to pay their fair share.

Your own links showed that.

No they didn't, but I doubt you will substantiate your claim. Pick a time period for when you think the tax code was properly balanced and let's work from there.

 

[MitchMan]

asterism, if you have a point to make, make it. Step up, man, quit being so obtuse.

 

[asterism]

asterism, if you have a point to make, make it. Step up, man, quit being so obtuse.

I already did:

The corporate tax rates have decreased. The inflation adjusted amounts paid have increased dramatically. $150,000 tax on $1 Million income is much more than $50,000 on $100,000 income don't you think?

The tax base has not been eliminated, the federal government just can't manage money and spend within the means of money available.

 

[Brutus]

the wealthy and the corporations were called on to pay their fair share.

Your own links showed that.

actually corporations don't pay taxes, they collect them. In short, a corporate tax is a cost of doing business, like raw materials or wages, that is passed on to customers.

We have the corporate tax because liberals lack the IQ to understand the above. They think they are sticking it to the fat cats when really they are sticking it to themselves in the form of higher prices.


If we eliminated the corporate tax, corporations would spend more time, energy and money on business and so be much more competitive. GE for example has 1000 tax employees, all because libturd politicians are willing to pander to pure economic ignorance to get elected.