Who's paying the taxes?

From Wall Street Journal:

U.S. companies are booking higher profits than ever. But the number crunchers in Washington are puzzling over a phenomenon that has just come into view: Corporate tax receipts as a share of profits are at their lowest level in at least 40 years.
Total corporate federal taxes paid fell to 12.1% of profits earned from activities within the U.S. in fiscal 2011, which ended Sept. 30, according to the Congressional Budget Office. That's the lowest level since at least 1972. And well below the 25.6% companies paid on average from 1987 to 2008.

LINK

And the fat cats keep wondering what all the excitement is about. Occupy this!

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How much further...

...can the quality of "journalism" sink? If I haven't made it apparent, yet, I am a stickler for spelling and grammar and I am continually shocked and appalled by the new depths it reaches. There seems to be no bounds beneath which it will not go and there is no apparant reason to believe the bottom is anywhere near imminent. The logical conclusion is that one day, sooner rather than later, virtually everthing you read, regardless of source or author, will resemble the worst jibberish one witnesses on intenet message boards, instant messenger chat sessions and mobile text messages.

What's got me in a snit this time? I ckicked on a news story brought to me as part of a collection by Google (by clicking on "News" on the Google portal) and my jaw dropped. It's not as if I stumbled onto the page of an obscure amateur blogger--I'm talking about an otherwise legitimate news service. Here are a few small samples of this "professional" journalist's work:

No really, what kind of idiot would go on tv, in Turkey or anywhere in earth

Get a loud of some of this crap that Hedo spews..

Who knew, Toronto a hard place to play on athletes??????

Now, you might think that perhaps the author has some redeeming talents such as a keen insight into the subject matter or perhaps he weaves a rivetting story. Perhaps you'd be wrong. He offers little insight into anything...other than his abysmal command of the English language, and as for his ability to weave--I'm sure he is far more suited to performing the activity using baskets rather than the English language.

You be the judge.

Maybe I should just accept that the world is changing and learn to change along with it. i thnk ill start rite now, c u ltr..........


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