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Showing posts with label Accounting. Show all posts
Showing posts with label Accounting. Show all posts

Monday, April 25, 2011

A Free Ride for Corporations and the Wealthy

It's a terrible thing to be a wealthy person in America. In addition to having to associate with the rabble occasionally, one must also pay taxes. The taxes in America are incredibly high, especially on the wealthy, very wealthy, and stupid wealthy. People with piles of money are an oppressed minority, scorned by the public and taxed to near-starvation. Woe be unto the corporate boardroom set, for their lot is misery and affliction their companion.

Consider this chart showing the terrible tax burden the very wealthy carry, courtesy of Dave Gilson at Mother Jones:

Top 1% lightly taxed


Look at how much the rich are paying in... Oh wait, that says "savings." Never mind.