For almost three decades corporate profits have been growing one third faster that corporate taxes. — David Cay Johnston
For almost three decades corporate profits have been growing one third faster that corporate taxes.
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Members of Congress routinely vote on tax bills that they have never read, much less understood even on a superficial level. Sanford J. Schlesinger... says that "there hasn't been a member of Congress with a comprehensive understanding of the laws since ..."
[L]ess than a century after its adoption, the tax system is being turned on its head. Since at least 1983 it has become the explicit, but unstated, policy... to let the richest Americans pay a smaller portion of their incomes in taxes and to defer more of their taxes... a stealth tax cut, while collecting more in taxes from... the middle class.
In every place where there is no real tax system, such as Honduras or Afghanistan, there is no widespread wealth.
