Re:We Don't Need A Corporate Income Tax
by oksawe on Wednesday July 16, 2014 @11:15PM
(#8045875)
I'm shocked. Most of these comments have to be from a corporate lobby group.
"of the Fortune 500 companies... companies studied paid just 18.5 percent of their profits in U.S. corporate income taxes... Thirty of the companies paid less than nothing and had negative corporate income tax rates"
"of the Fortune 500 companies... companies studied paid just 18.5 percent of their profits in U.S. corporate income taxes... Thirty of the companies paid less than nothing and had negative corporate income tax rates"
The following article will explain it much better than I could. http://ctj.org/ctjreports/2013/04/bernie_sanders_is_right_an...