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by incomingpain
896 days ago
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>the US government is already overwhelmingly something that is structured by and for the benefit of corporations This is an interesting subject. The majority of tax revenue for the federal government comes from income taxes. Only about 10% comes from corporations. But it's easier to deal with corporations and there is no income tax without corporations. So it makes sense to mostly work with corporations. What's also quite interesting, in the last 50 years, there's no functional change to taxation in the USA. Politicians are afraid to make any major changes in fears of screwing it all up. But worse,during the financial crisis, the USA basically went bankrupt. There is no such thing as bankrupt though. The USA needs to find about 7 trillion $ in the next couple years. That's a pretty big, that's another great depression. |
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