[Paleopsych] Corporations that pay no taxes

Steve Hovland shovland at mindspring.com
Sun Apr 17 19:58:13 UTC 2005

While the middle class struggles to fulfill its tax obligations, 
60 percent of corporations pay no taxes at all. 

At a time of rising corporate profits, the GAO reports that 
95 percent of corporations paid less than 5 percent of their income 
in taxes, and 6 in 10 paid nothing at all in federal taxes from 1996 
through 2000. 

With corporate tax dodging at a record high, and the percentage of federal tax 
revenue from corporations approaching record lows, middle class Americans 
should expect to pick up more of the tab from the Bush administration's skewed
tax agenda.

Steve Hovland

More information about the paleopsych mailing list