CORPORATIONS DON'T NEED MORE TAX CUTS
CORPORATIONS DON'T NEED MORE TAX CUTS
The reality is, corporations don’t need even more tax breaks. They’re already paying far too little.
Under President Obama, corporations paid an effective tax rate of 16%, but that was cut to just 9% after Republicans passed the Trump tax scam in 2017. This has resulted in corporate taxes, as a share of federal revenue, at less than half of what they were 50 years ago.
Check out the infographic above which shows how much billion-dollar corporations have already gotten from the Trump tax cuts. Then share it with everyone you know. Fight back against Republican attempts to give even more tax breaks to wealthy corporations on the backs of working people.
THIS IS UNFAIR AND WRONG!
Original post blogged on Women' Voices Media.
