Aug 28, 2014 ... The meme says: "Want to better understand why we have a federal deficit? In  1952, the corporate income tax accounted for 33 percent of all federal tax  revenue. Today, despite record-breaking profits, corporate taxes bring in less  than 9 percent. It's time for real tax reform." A reader asked us to check his ...
Bernie Sanders in 2015 said, “In 1952, the corporate income tax accounted for 33  percent of all federal tax revenue. Today, despite record-breaking profits,  corporate taxes bring in less than 9 percent.” Politifact found his statement “ Mostly True.” In the 1950s, corporate income tax was 6 percent of the GDP and  now it's about ...
Sep 18, 2014 ... Senator Bernie Sanders recently said this about U.S. corporate taxes: "Want to  better understand why we have a federal deficit? In 1952, the corporate income  tax accounted for 33 percent of all federal tax revenue. Today, despite record- breaking profits, corporate taxes bring in less than 9 percent. It's time ...
Sep 1, 2014 ... “(Sen. Bernie) Sanders said, 'In 1952, the corporate income tax accounted for 33  percent of all federal tax revenue. Today, despite record-breaking profits,  corporate taxes bring in less than 9 percent.'” … we rate his claim Mostly True.” — PolitiFact, from an Aug. 28, 2014 fact check of Sen. Bernie Sanders ...
Jul 13, 2016 ... Corporations are paying less to the Treasury this fiscal year, and the  government's budget deficit is ballooning because of it. ... While individual  income tax collection has risen so far this fiscal year, it's a far different story with  corporate taxes: revenues are down 11%. The government's budget year runs  from ...
In 1952, the corporate income tax accounted for 33 percent of all federal tax revenue. Today, despite record-breaking profits, corporate taxes bring in less than 9 percent.