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14y ago

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Where does welfare funding come from?

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 cororations pay in Federal income taxes?

what do large US corporations pay in Federal income tax


What percentage of us citzens do not pay taxes?

47%


What other countries pay taxes besides the US?

They all do (many pay a much higher percentage than the US).


What percentage of the US population pays the most taxes?

The top 5% of earners pay 93% of all taxes


Do Corporations pay their fair share of 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.


Do US olympic athletes pay taxes on their winnings?

no they do not have to pay taxes on their winnings.


Does the US Congress pay taxes?

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.


What percentage of US workers are employed by publicly held corporations?

50%


What percentage of the net income earned in the US is generated by corporations?

60%


Why does US lower taxes if they are so much in debt?

higher taxes mean the corporations will go over seas where the taxes are lower, and then they will lose their tax base.


Do puerto ricans who work in US but are not citizens pay taxes in US?

All puerto ricans are us citizen since 1917 and if they live in the states they have to to pay federal taxes.