Thanks to Annie Esposito
See also: Joblessness And Hopelessness: The Link Between Unemployment And Suicide
…and Montana Republican Jerks get the hot-branding-iron veto…
On Tax Day, Remember the Tax Dodgers
As you pony up to pay your taxes – or fill out forms to get back a portion of what Uncle Sam has already withheld from your paycheck – pause to contemplate how wealthy and corporate tax dodgers deal with Tax Day. The emerging US UNCUT movement is pressing the point: “No Budget Cuts before tax dodgers pay up.” There are over 100 actions planned for this tax weekend to underscore this point.
If you write a check over $10 to the IRS, then you just paid more than Verizon, Boeing, Bank of America, Citigroup and General Electric combined in federal taxes.
And you may have paid a higher percentage of your income than the billionaires who appear on the pages of the Forbes 400. As super-investor Warren Buffet has pointed out, he pays a lower actual tax rate than his secretary.
Business Week’s cover story this week is “The Billionaires Guide to Paying No Taxes.” Reporter Jessie Drucker declares, “the more you make, the less you pay.” For our nation’s millionaires and billionaires, “this could be the best tax day since the early 1930s.”