the old, old tax war

David Sirota on the Me-First, Forget-Everyone-Else Crowd:

  1. American businesses pay excessively high taxes? GAO reports most corporations pay zero federal income tax and the corporate tax rate is the third lowest in the industrialized world.
  2. Including payroll, state and local, the top 5 percent pay about 40 percent of the taxes because they make about 40 percent of the total national income.