The Daily Item, Sunbury, PA

Letters

April 21, 2014

Close the corporate tax loopholes

— As a result of recent Supreme Court rulings, corporations enjoy almost all the rights of full citizenship, except for actually voting in the booth.

The top tax rate for the wealthiest Americans is 39.6 percent, and it is 35 percent for corporations. However, because of the many tax loopholes that corporations enjoy, only seven cents out of every $1 of tax revenue comes from them.Unfortunately, many extremely wealthy corporations pay no taxes whatsoever, and it’s time to close these corporate tax loopholes.

David L. Faust,

Selinsgrove

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