![]() Date: 2025-02-13 Page is: DBtxt003.php txt00022471 | |||||||||||||||||||||||||||||
TAXATION
US CORPORATE TAXATION Taxation is a key financial flow for a healthy socio-enviro-economic system ... Are American corporations overtaxed? Let’s find out! Peter Burgess COMMENTARY US corporate taxation has been low since the 1980s and while profits have increased, the US social safety net has been degraded, workers' wages have flatlined and household wealth in the US has declined catastrophically for the majority of people. Since 1980, corporations and their invesors and executives have been doing great. This has not trickled down to the common man. The middle class has flat lined for 40 years. During this time household income of the middle class has gone up a measly 20 percent. Meanwhile, over the past four decades, corporate profits have doubled; tax rates have been cut in half and dividend payouts have gone up 400 percent ... not to mention stock buy-backs Peter Burgess | |||||||||||||||||||||||||||||
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