Aug 1, 2011
We all know who pays taxes and who gets out of it. Here are the latest figures for corporations. For every dollar we pay in individual federal taxes, corporations in the U.S. pay 25 cents.
Is that the only way to collect taxes? Of course not.
In the 1940s, the corporations paid $1.50 for every dollar the taxpayers paid.
Think of the billions there would be if taxes were collected today in the same proportion as then!