Comment

Overnight Open Thread

179
Romantic Heretic2/08/2011 9:12:40 am PST

re: #153 blueraven

Oh believe me, you would pay for children with or without a tax exemption.
I think if we are looking for a more equitable tax code we might look at the big corporations that pay no US federal income tax and begin there. Exxon Mobil, GE etc…

A little factoid I learned years ago: In the late 50s-early 60s jointly held stock companies carried between thirty to forty percent of the tax burden, depending on the country they were in. By the early 90s they carried between ten and fifteen percent.

We are not in a budget crisis, we are in a taxation crisis.