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Saturday, July 23, 2011

Some Numbers To Remember

As the Republicans threaten to bankrupt the country, and maybe the world. because they claim taxes are too high, here are a couple of numbers to bear in mind.

1) Last year, there were 105,000 U.S. household with Adjusted Gross Incomes of $211,000 or more who paid ZERO income taxes.  That' right, not one penny.

2) 67% of all U.S. corporations last year paid ZERO income taxes.  GE and Wells Fargo did even better since they didn't pay taxes and still got a refund from of the government in the millions of dollars.

Now who exactly is it who is paying too much taxes?

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