Dear Mr. VP,
I did my federal taxes in January, but because I’m a crappy adult and hate the post office, I just mailed my state taxes today. I was in a very long line of people doing the same thing.
As I stood there, I contemplated the fact that I have most likely paid more taxes than a number of corporations this year. If you have the time on your flight home from Asia, where you did some excellent saber rattling, you should check out this report.
Summary: profitable corporations are supposed to pay at a 35% rate on their U.S. profits. IRL, most don’t. Of 258 corporations in the study, 18 paid no income tax over the eight years studied.
Don’t misunderstand me. I love paying taxes. I love all the things that taxes get me. Just today I drove on a road, hiked in two state parks, listened to public radio, and ate cheese from some cows that probably benefitted from some sort of dairy subsidy.
Also, unrelated: did you know there’s a cauliflower shortage? This feels like a precursor to the apocalypse.