Im surprised that people are so eager to protect their overlords when our friends and family finances are getting destroyed by the federal governments policy.
Glad everything is hunky dory wherever it is you live but my culture and nation is heading towards revolution.
All the better reason to reduce taxes and reduce spending. Then the federal government can't be destroying your friends and family.
We've become an oligarchy, a corporate welfare state
Ahem.
The top 0.1% of earners pay more than 20% of the total taxes collected.
The bottom 43.8% of earners pay only 1.4% of the taxes.
If the rich are making money off the backs of the poor, it's certainly not through our income tax system.
Source: https://www.pewresearch.org/fact-tank/2017/10/06/a-closer-lo...
Set aside the fact that our baseline corporate income tax rates are some of the highest in the world.
The income of corporations doesn't go directly into the pockets of the shareholders. Rather, the shareholders are getting income from them either as dividends or as capital gains. Either way, that's accounted for in the income of those shareholders. So corporate profits are already built into the numbers I quoted above.