from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A tax levied on a corporation, especially on its profits; corporation tax
Sorry, no etymologies found.
As Mr. Nothhaft notes: "America now has the highest corporate tax rate in the world," with the exception of Japan—and if state taxes are figured in, we beat the Japanese too.
Without the capacity to get even the most modest amendment debated, much less passed, Democrats would shout and holler and fulminate, and then stand by helplessly as Republicans passed large corporate tax breaks, stuck it to labor, or slashed social services.