Did you know… The federal government collected less in taxes in 2010 than it has in over three generations, and tax rates are at historic lows The Bush tax legacy means we currently tax wealth less than work: middle-income paychecks are taxed at 25% compared to stock dividends and capital gains for the wealthiest, whichContinue reading “On Tax Day, Some Alarming Tax Stats”
Tag Archives: Tax Day
On Tax Day, Time to Tell Corporations that the Game of Tax Dodgeball is Over
This year Uncle Sam pushed Tax Day back to April 18, giving us all a three-day tax filing holiday. It’s almost enough to make you feel warm and fuzzy inside. Until, that is, you hear about GE, which apparently is on extended vacation, paying essentially nothing in taxes for 2010 despite raking in $5.1 billionContinue reading “On Tax Day, Time to Tell Corporations that the Game of Tax Dodgeball is Over”