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« Tax Evasion: The Real Costs | Main | Taxes on the Wealthy: New Top Brackets Needed for the Have Mores »

Taxes Matter Top 10 Stats

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1. The government collected less in taxes in 2010 than it has in over three generations, and tax rates are at historic lows.

2. The Bush tax cuts added $1.7 trillion to the nation’s debt over 2001-2008, which is more than it would cost to send 24 million kids to four-year public universities.

3. Corporate income taxes totaled about 1 percent of GDP this year, 60% lower than 40 years ago.

4. General Electric, which reported $5 billion in US profits, paid ZERO taxes this year. Exxon Mobil, the most profitable corporation in history, paid ZERO federal taxes in 2009.

5. The Bush tax legacy means we currently tax wealth less than work: middle-income paychecks are taxed at 25% compared to stock dividends and capital gains for the wealthiest, which are taxed at a top rate of only 15%.

6. While most small businesses dream of making a killing, only 3 out of every 100 small business owners pay taxes at the highest rate.

7. A Wall Street transactions tax of only 0.50% on short-term speculation could raise up to $170 billion annually.

8. A middle class family with two young children receives on average $1,200 through the federal child care tax credit, yet the cost of their child care averages $18,000.

9. Upper income households save an average of $5,500 thanks to the mortgage interest tax deduction.

10. Only four OECD nations collect less revenue as a percentage of GDP than the United States: Chile, Korea, Mexico, and Turkey.

— By Tamara Draut, Vice President of Policy & Programs at Demos

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A edition of ugg boots sale, the "Fug" (Flying Ugg) original made an bodily appearance outside inside the shepherd online community through earth War I. Pilots wore the cozy boots through chilly days. Later, from the 1960s, intelligent surfers figured that ugg classic tall sale can be amazing for sustaining their ft cozy in among the catching the waves or cheap ugg boots appropriate after coming out inside the chilly ocean water.

The name "Ugg boots sale" refers to some particular design of boot that is produced from genuine sheepskin. The boots have been initially made in Australia. Today, an American organization owns the ugg boots sale trademark ("Ugg Australia"),ugg boots sale uk but they are nevertheless made through precisely the same exact Australian Merino sheepskin, only in Australia they are marketed as "Australian Sheepskin Boots."

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