15
It is important to note that the 47% do not pay Federal Income tax. They still pay pay any applicable city or state income taxes! They still pay the 7.65% combined Social security and Medicare taxes! They still pay real estate taxes, directly or via their rent payments in all localities that have real-estate taxes, which is probably everywhere in the U.S.! They still pay sales taxes on their retail purchases, which is proportionally higher for lower income people than it is for higher income people, since they spend a higher percentage of their income at retail! If one ignores the charitable giving of the wealthy, then some of the 47% actually contribute more financially to society than some of the wealthy do!
As of 2021, approximately 150 million people work for corporations in the United States. This includes employees in various industries such as technology, finance, healthcare, and retail.
what percentage of the workforce is in the military/ Type your answer here...
Florida
Approximately 1-2% of the population in the United States are redheads. This percentage may vary slightly depending on the source of the data.
From the "little people" who work and pay taxes and actually pay more than the corporations (who can claim to be based in the Cayman Islands and pay $0 in US taxes) and a larger percentage of their incomes than hedge fund managers, whose taxes are capped at 15%. Instead of complaining about this disparity, the average American prefers to blame the poor and infirm instead of a bought and paid for US government of the corporations, by the corporations and for the corporations! (In the previous sentence feel free to substitute "rich" for corporations!
what do large US corporations pay in Federal income tax
47%
They all do (many pay a much higher percentage than the US).
The top 5% of earners pay 93% of all taxes
Corporations and the wealthy in the United States pay the vast majority of taxes to support the country. 5% of the people in the United States pay 95% of the taxes collected. I am certainly not one of these 5% but I do recognize that the wealthy in this country support the rest of us as they pay their share and our share of the taxes. They also produce the jobs through business ownership and investments to companies so that they can expand and offer jobs to the rest of us. It takes this type of investments and business ownership to run this country and probably the rest of the countries as well.
no they do not have to pay taxes on their winnings.
The members and people working in and for the US Congress pay taxes just like any American resident. However the body itself does not pay taxes.
50%
60%
higher taxes mean the corporations will go over seas where the taxes are lower, and then they will lose their tax base.
All puerto ricans are us citizen since 1917 and if they live in the states they have to to pay federal taxes.