utter bullshit
utter bullshit
Out of context: Reply #54
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"In 1952, corporations accounted for 32 percent of federal tax receipts (the post-war peak). In 2003, corporations accounted for 7.4 percent of federal tax receipts.
In 2004:
Corporations paid 10.6 percent of the tax bill -- $184.8 billion. Reminder: our federal budget deficit is about $413 billion. If corporations were kicking in at the old 1952 rate, we'd have no problem."
If that is to be taken into consideration, everything today must have stayed the same.
Inflation.
The number of companies.
The size of those.
The number of persons in the U.S. to base the % off of.I could go on forever. I wonder how those %s were based.
Leaving certain variables out the %s could go either way. In this case, against, not for.