Okay, that's it
I been tolerant of you corporate muthafukkas so far…
Most Corporations Don't Pay
Over the next week, millions of individual Americans will settle up with Uncle Sam – and most corporations will skip out. A new GAO report reveals that from 1996-2000 more than 60% of U.S. corporations paid no taxes whatsoever. During the Bush Administration, things have gone from bad to worse as "corporate tax receipts have shrunk markedly as a share of overall federal revenue." Last year "they had fallen to just 7.4% of overall federal receipts, the lowest rate since 1983, and the second-lowest rate since 1934." Even corporations which do pay taxes don't pay much. Although the corporate tax rate is theoretically 35%, in 2000 "94% of U.S. corporations reported tax liabilities amounting to less than 5% of their total income." According to Sen. Byron Dorgan (D-ND) the discrepancy can be explained by "massive tax avoidance, and perhaps in many cases tax evasion."
