When is someone going to publish an article outlining tax freedom day for large
corporations such as GE, Verizon, MetLife, Newscorp, Boeing? I believe these
companies along with several dozen other S&P 500 companies experience their
tax freedom day around January 1 or January 2 since their effective tax rate is
essentially zero. I would also like an article outlining tax freedom
day for the executives of large corporations and for the 1%. For some, I
suspect their tax freedom day falls very early in January too.
@OneWifeOnlyLet's not forget that it's not just the
"1%"...47% of working American individuals have a tax freedom day of
January 1 as well.ALL Americans (individuals and corporations)
should pay taxes, not just the Republican voter base.
@Brave Sir Robin,The 47% pay Social Security, Disability and Unemployment
taxes on 100% of their income all year long. The 1% pay these taxes
on only the first $117,000 of their earnings for SSI. Disability and
Unemployment caps out at an even lower rate. So Robert Murdock's
corporation, Newscorp pays an effective tax rate that is essentially zero and
Robert Murdock is done paying these regressive taxes before the first work week
of the year is over.
@onewifeonlyMitt Romney doesn't use more government resources
than you or I and yet he pays thousands times more in taxes than you or I.Lets not be lazy and suggest Mitt Romney pay for even more of the
resources you and I use.Only a lazy person would expect the rich to
pay for the resources you and I consume