Tuesday, April 13, 2004

Corporate Taxes


Reading this ("Almost two-thirds of America's corporations paid no federal income taxes during the late 1990's, when corporate profits were soaring."), it is difficult to imagine America before the passage of the Sixteenth Amendment. Rebuilding our nation's tax code such that it is more simple and more fair would obviously be a difficult and politically thorny project, but it is one that is way overdue.

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