Bonhomme Richard
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Sat Feb-28-04 08:13 AM
Response to Original message |
| 7. Does anyone know where I can find statistics about........ |
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Edited on Sat Feb-28-04 08:19 AM by Oz
what percentage corporations have payed in taxes to the federal govt? I am convinced that from the 50's until now there has been a steady decline in corp. contributions to the federal govt coffers and a corresponding increase in the burden the taxpayer plays. We have picked up the slack with the trade off being new and better jobs.
You can bet that the decline in real earnings by the average person relates directly to that over the past four decades.
Just found something:
According to a recent report by the Congressional Budget Office, corporate income taxes fell from $207 billion to $132 billion in just three years, with an 11 percent reduction just last year. Corporate taxes now account for less than 8 percent of all federal revenue collected, down from a high of 28 percent in 1950.
It's no wonder our take home can't keep up.
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| -The median per capita income in 1970 was......$3,893.00 per year |
SoCalDem |
Feb-28-04 05:56 AM |
#0 |
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Capital Is Free To Roam The Globe, Workers Cannot |
mhr |
Feb-28-04 06:10 AM |
#1 |
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great quote! |
arrogantatheist1000 |
Feb-28-04 09:54 AM |
#10 |
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*gulp* |
Tolania |
Feb-28-04 06:15 AM |
#2 |
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For some minimum wage wasn't even that high... |
OneTwentyoFive |
Feb-28-04 06:58 AM |
#3 |
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And waitresses still made about 50 cents an hour back then |
SoCalDem |
Feb-28-04 07:00 AM |
#4 |
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I worked at a Winchell's Donut shop |
texasblueeyes |
Feb-28-04 10:06 AM |
#12 |
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Were you as "broke" as you are today?? |
SoCalDem |
Feb-28-04 10:14 AM |
#13 |
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You might add that the QUALITY has diminished as well... |
rasputin1952 |
Feb-28-04 11:21 AM |
#19 |
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The Reagan administration re-defined inflation criteria. |
Pobeka |
Feb-28-04 11:27 AM |
#20 |
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You can't change it, but ... |
muriel_volestrangler |
Feb-28-04 02:17 PM |
#25 |
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I agree the inflation number is made up to make politicians look good |
arrogantatheist1000 |
Feb-29-04 05:35 AM |
#33 |
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And even in 2004,look at State minimum wages-Kansas/Oklahoma |
OneTwentyoFive |
Feb-28-04 07:03 AM |
#5 |
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Hmmmm....I was in uniform at the time and I got ... |
rasputin1952 |
Feb-28-04 08:03 AM |
#6 |
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Does anyone know where I can find statistics about........ |
Oz |
Feb-28-04 08:13 AM |
#7 |
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In Molly Ivins' book, "Bushwhacked", |
rasputin1952 |
Feb-28-04 08:54 AM |
#8 |
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Big Boys go Tax Free |
BeFree |
Feb-28-04 09:42 AM |
#9 |
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Most revolutions are based on economics, not ideology... |
rasputin1952 |
Feb-28-04 09:59 AM |
#11 |
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Yep... |
BeFree |
Feb-28-04 10:32 AM |
#16 |
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Here......... |
motivated |
Feb-28-04 10:24 AM |
#15 |
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not just corporations, but the income tax is FAR LESS progressive |
cryofan |
Feb-28-04 11:09 AM |
#18 |
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Go to |
myopic4141 |
Feb-29-04 02:26 AM |
#31 |
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I forgot to include this..People actually had savings accounts, too. |
SoCalDem |
Feb-28-04 10:16 AM |
#14 |
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With respect to median income, I believe what has changed ... |
Jim__ |
Feb-28-04 10:55 AM |
#17 |
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This assumes the rate of inflation is correct. |
Pobeka |
Feb-28-04 11:30 AM |
#21 |
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It's actually pretty depressing that median income has remained |
Jim__ |
Feb-28-04 12:23 PM |
#22 |
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Not just productivity -- people are working more hours |
starroute |
Feb-28-04 12:45 PM |
#23 |
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Hi Jim__ |
newyawker99 |
Feb-28-04 04:12 PM |
#26 |
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Thanks newyawker - good to be here - n/t |
Jim__ |
Feb-28-04 04:43 PM |
#29 |
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If you really want to see the numbers |
MikeGalos |
Feb-28-04 01:11 PM |
#24 |
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Yep, I remember those times.. |
Sugarbleus |
Feb-29-04 06:09 AM |
#34 |
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And then America elected an actor. |
JasonDeter |
Feb-28-04 04:14 PM |
#27 |
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I think partially there are more things to spend on as well |
steviet_2003 |
Feb-28-04 04:33 PM |
#28 |
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Ask yourself.."Why do we "need" all these things now"? |
SoCalDem |
Feb-29-04 01:50 AM |
#30 |
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i don't think people now spend on luxury instead of healthcare |
rman |
Feb-29-04 04:32 AM |
#32 |
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