To: The United States House of Representatives
Why does CEO pay exceed taxes paid
As the federal government is running record deficits, would you like to see the following on a list for added revenues?
(1) corporations that reap huge profits pay more tax,
(2) eliminate special tax breaks for fabulously wealthy hedge fund managers;
(3) eliminate oil and gas companies tax breaks;
(4) eliminate tax breaks for the wealthy enacted in 2001 and 2003 that we cannot afford;
(5) equalize tax rates for capital gains and dividends and those for the middle class.
(5) eliminate any and all loopholes that allow corporations to avoid paying US taxes.
Why is this important?
Since the Federal Government's budget fight is holding up progress, it could be helpful if they heard from thousands as to ideas for possible revenue increases and/or tax reform.