Sirotablog

David Sirota is a political journalist and nationally syndicated newspaper columnist at Creators Syndicate. David writes about political corruption, globalization and working-class economic issues often ignored by both of America's political parties.

  • May 31, 2007 5:42 PM

    Should Corporations Have to Pay More than $10 In Taxes?

    Oregon is debating that question:

    "Lawmakers across the spectrum agree Oregon's $10 minimum tax on corporations, set in 1931 and now the lowest in the nation, is badly outdated...Corporations in Oregon pay less of the load than they used to -- about 5 percent of the general fund, compared with 11 percent during the 1980s. Most households pay far more in state taxes than the $10 paid by nearly 23,000 Oregon corporations, including 26 with Oregon profits of more than $1 million each."

    I'd say there's something wrong when most ordinary citizens have to pay far more in taxes than the largest and wealthiest corporations in a state.

    Posted by David Sirota
    Permalink | Comments (1) | del.icio.us | digg
    Tags: fight for the states, war on the middle class

Discussion

  • aneirin [TypeKey Profile Page] :

    But we're living in a Corporate State. Read your Mussolini -- then it will make much more sense.

    Posted on June 1, 2007 4:58 AM

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