本文发表在 rolia.net 枫下论坛PART 6 --- MONEY TALKS
NARRATOR:
While Reagan was breaking unions and demolishing regulations, he also convinced Congress in 1981 to pass his Economic Recovery Tax Act, cutting the top tax brackets by nearly a third but raising taxes on the middle class.
By dramatically increasing the social security tax, as recommended by Alan Greenspan to Ronald Reagan, we shifted the burden of government , so that today, 70s% of Americans pay a heavier share of their income in Social Security and Medicare taxes than they do in income taxes.
And we pushed the burden down.
At the same time at the very,very top, we radically cut taxes ,so that the 1,000 richest men,women and children in America face an effective total federal tax rate, social security and income taxes, about 17 cents on the dollar, and their average income is $263 million.
After decades of lobbying driven by corporate money, the tax code is now full of loopholes and special deals that help big business avoid paying its fair share.
To avoid paying taxes, U.S. corporations have stashed more than $1.5 Trillion in offshore accounts.
Author, IT TAKES A PILLAGE: Nomi Prins
Corporations only pay 13% of the federal budget's revenues. Out of $2.5 trillion, corporations only pay 13%.
Bernie Sanders(2010):
So I just want to list some ten, the ten worst corporate tax avoidance:
Exxon Mobil, largest oil company in the world, made 19 billion in profits in 2009.
Exxon not only paid no federal income taxes,
It actually received a $156 million rebate from the IRS.
Over the past five years, while General Electric made 26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.
So if you're a working stiff, you're making 30,$40,000 a year, you're paying taxes.
But if you're Chevron, and you made 10 billion in profits in 2009, you don't have to pay any taxes. You get a $19 million refund.更多精彩文章及讨论，请光临枫下论坛 rolia.net
NARRATOR:
While Reagan was breaking unions and demolishing regulations, he also convinced Congress in 1981 to pass his Economic Recovery Tax Act, cutting the top tax brackets by nearly a third but raising taxes on the middle class.
By dramatically increasing the social security tax, as recommended by Alan Greenspan to Ronald Reagan, we shifted the burden of government , so that today, 70s% of Americans pay a heavier share of their income in Social Security and Medicare taxes than they do in income taxes.
And we pushed the burden down.
At the same time at the very,very top, we radically cut taxes ,so that the 1,000 richest men,women and children in America face an effective total federal tax rate, social security and income taxes, about 17 cents on the dollar, and their average income is $263 million.
After decades of lobbying driven by corporate money, the tax code is now full of loopholes and special deals that help big business avoid paying its fair share.
To avoid paying taxes, U.S. corporations have stashed more than $1.5 Trillion in offshore accounts.
Author, IT TAKES A PILLAGE: Nomi Prins
Corporations only pay 13% of the federal budget's revenues. Out of $2.5 trillion, corporations only pay 13%.
Bernie Sanders(2010):
So I just want to list some ten, the ten worst corporate tax avoidance:
Exxon Mobil, largest oil company in the world, made 19 billion in profits in 2009.
Exxon not only paid no federal income taxes,
It actually received a $156 million rebate from the IRS.
Over the past five years, while General Electric made 26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.
So if you're a working stiff, you're making 30,$40,000 a year, you're paying taxes.
But if you're Chevron, and you made 10 billion in profits in 2009, you don't have to pay any taxes. You get a $19 million refund.更多精彩文章及讨论，请光临枫下论坛 rolia.net