Source: Inequality.org
by Zorka Milin
“For working families, corporate taxes might seem like a distant concern, something for accountants, lobbyists, and politicians in Washington to debate. But corporate taxes are vital to whether our communities can afford healthcare, infrastructure, good schools, and other public services people need to raise healthy families. A generation ago, nearly a third of federal revenue came from corporate taxes. Today they cover only about 6%. When corporations pay less, the gap doesn’t disappear: It means that ordinary taxpayers have to make up for it—or we get weaker schools, roads, and healthcare, plus even bigger deficits. Most Americans, across party lines, think big corporations should pay more. So why doesn’t it happen? Because corporations spend heavily on lobbying and campaign contributions, and their favorite talking point is ‘competitiveness’: Dare to tax us more, and we’ll take our business elsewhere. This threat has helped justify decades of corporate tax cuts.” (11/14/26)
https://inequality.org/article/why-corporate-taxes-matter-for-working-families/