I don't think there is (or will be) any chance that a democratic U.S. government would manage to successfully increase (or impose more) taxes on corporations... Imagine what ppl like Glenn Beck would do if sth like that was attempted by the current administration.
And anyway, this graph is fake. Follow the links to the Mother Jones article, their listed source takes you to this: http://www.jct.gov/publications.html?func=startdown&id=3719
There is no such graph contained in these pages, and if someone at Mother Jones actually sat down and "did the math" and based the graph on their findings they do not mention it whatsoever. They only site the source of the graph as the link I just provided, and it's not in there, nor is there anything indicating any such statistics. Fake.
And people wonder why jobs are disappearing. Sigh.
ReplyDeleteUm, Jeff...huh???
ReplyDeleteHow does the fact that corporations are bearing substantially LESS of the country's tax burden equate to job LOSS?
Possibly related:
ReplyDeleteAmerica: What Went Wrong? by Donald L. Barlett and James B. Steele
Check your spelling: "governmnet?"
ReplyDeleteFixed. Thanks.
ReplyDelete(I don't use a spellchecker for this blog, so typos will creep in.)
If you use the Opera browser, it will spell check anything you type anywhere on the internet. Very non-intrusive, also.
ReplyDeleteHaha, it caught a few words I misspelled in this post!
I don't think there is (or will be) any chance that a democratic U.S. government would manage to successfully increase (or impose more) taxes on corporations... Imagine what ppl like Glenn Beck would do if sth like that was attempted by the current administration.
ReplyDeleteCorporations don't pay taxes. Their customers pay the taxes in the form of higher prices for the products/services.
ReplyDeleteAnd anyway, this graph is fake. Follow the links to the Mother Jones article, their listed source takes you to this: http://www.jct.gov/publications.html?func=startdown&id=3719
ReplyDeleteThere is no such graph contained in these pages, and if someone at Mother Jones actually sat down and "did the math" and based the graph on their findings they do not mention it whatsoever. They only site the source of the graph as the link I just provided, and it's not in there, nor is there anything indicating any such statistics. Fake.
You're wrong, most recent anonymous (and I don't know why I waste time correcting or educating people who sign on anonymously).
ReplyDeleteThe graph is clearly shown at the link. You need to click on the Joint Committee on Taxation's link marked JCX-1-11.
It's Figure 6. It's on page 70 of the document (page 72 of the pdf file).