The war on the Middle Class...As a result, business income tax - TopicsExpress



          

The war on the Middle Class...As a result, business income tax revenue remains stagnant at about 2 percent of gross domestic product even as corporate profits hit records. Business taxes now make up less than 10 percent of federal revenue, and in some years as little as 6.6 percent. That is sharply down from the years after World War II, when about 30 percent of federal revenue came from corporate taxes.
Posted on: Fri, 29 Aug 2014 15:11:01 +0000

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