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War Is Peace. Freedom Is Slavery. Ignorance Is Strength. Tax Cuts Generate Revenue

The political system may be different from Orwell's time, but the corruption and propaganda remain. We all have to 'sacrifice' to balance the budget. As Time Magazine wailed: "Do the nation's leaders have the courage to cut health entitlements or Social Security?" And the horses say, "We will work harder."

But the wealthiest individuals and corporations are not paying their taxes. They say they are. The richest Americans complain that they're paying most of the federal income taxes, and that's true. But since 1980 their AFTER-TAX share of America's income has TRIPLED. That's a trillion dollars a year in extra income for the wealthiest 1%. Their federal income tax rate has gone DOWN during that time, from 34% to 23%.

If they're paying most of the federal income tax it's because they make almost all the money.

The wealthiest 125 U.S. corporations, meanwhile, paid only 10% in U.S. income taxes last year. They claim that a lower tax rate will generate more tax revenue.

Here are the facts about corporate tax rates. Over the past 50 years the marginal rates for top corporations have steadily fallen, from over 50% to 35%. But according to the U.S. Office of Management, the corporate share of total tax revenue has dropped from about 20% in the 1960s to under 9% in 2010. Average Americans have made up most of the difference.

What the very rich won't admit is that they benefit the most from government-funded research, national security, infrastructure, property rights, and a financial industry tailored to their pleasure and profit. They insist that anyone can share in the prosperity, if only, like the horses, they keep working harder.

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Won't Exist.

Paul Buchheit

Paul Buchheit

screen_shot_2017-01-23_at_8.39.57_am.pngPaul Buchheit is a college teacher, an active member of US Uncut Chicago. His latest book is, Disposable Americans: Extreme Capitalism and the Case for a Guaranteed Income. He is also founder and developer of social justice and educational websites (,,,  and the editor and main author of "American Wars: Illusions and Realities" (Clarity Press). He can be reached at paul [at] UsAgainstGreed [dot] org.

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