Wednesday, December 05, 2012

Hollywood Hates Corporations, Loves Corporate Cash

Frontpage Magazine reports:
As for raising taxes, Americans approve of the idea by wide margins. A recent Gallup poll showed that 67 percent of Americans thought that corporations paid too little in taxes, even though America’s corporate tax rates is the highest in the industrialized world. Our business tax rate is a full 35 percent; put state taxes on top of that, and we’re at almost 40 percent. The worldwide average is 25 percent. Russia and China clock in lower than we do.
Maybe it's time for Congress to pass a law calling for honest accounting in Hollywood.