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1.0Occasional Planethttps://occasionalplanet.orgConservative myths: Corporations are suffering from high tax ratesrich600338<blockquote class="wp-embedded-content" data-secret="IqpMPWdWgB"><a href="https://occasionalplanet.org/2010/10/25/conservative-myths-corporations-burdened-by-high-tax-rates/">Conservative myths: Corporations burdened by high tax rate</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://occasionalplanet.org/2010/10/25/conservative-myths-corporations-burdened-by-high-tax-rates/embed/#?secret=IqpMPWdWgB" width="600" height="338" title="“Conservative myths: Corporations burdened by high tax rate” — Occasional Planet" data-secret="IqpMPWdWgB" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://i0.wp.com/ims.zdr.mybluehost.me/wp-content/uploads/2010/10/google.jpg?fit=700%2C305&ssl=1700305Last year Bank of America, Citibank and General Electric paid 0% in taxes. They paid nothing. In other words, you paid more taxes than Bank of America, Citibank and General Electric combined. So exactly who is it that is being burdened with high tax rates? The answer is: You and me. Ordinary Americans are shouldering the tax burden for corporations that make hundreds of millions, if not billions in profit, yet contribute little to nothing to help pay for their share of taxes.