Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crimson Ghost who wrote (107186)	1/24/2010 3:55:31 PM
From: Sr K	Read Replies (1) of 116555

>> I have read many times that large corporations and especially financial firms pay very little in taxes. Their share of the overall tax take has fallen drastically over the past 30 years. << What did you read many times and what taxes are you referring to? Are you referring to income taxes and excluding the employer share of Social Security and Medicare? Then, you refer to "Their share of the overall tax take." Does "overall tax take" include "Social Security and Medicare"? Obviously, payroll taxes have "raised" the percentage taken from individuals, and if you don't count the employer matching amounts, you get a "share" that has "fallen drastically."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next