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View Diary: Why is the Middle Class Shrinking? (4 comments)

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  •  2/3rds of US corporations pay no income taxes (1+ / 0-)
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    because they are designed as S corporations or LLCs and have no corporate level federal income tax liability. I wish people would only use that statistic with a disclaimer or find out what percent of the C corporations, which do have a corporate level tax liability, pay zero taxes.

    "let's talk about that"

    by VClib on Fri Jan 11, 2013 at 01:32:52 PM PST

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