The Truth-o-Meter says: Mostly False | Facebook post compares corporate, individual tax burden in 1950, today
A reader recently forwarded us a Facebook post that sought to blame corporations for not carrying their fair share of the tax burden. It read, "According to the Office of Management and Budget, back in 1950, corporations paid $3 in taxes for every $1 by a worker. Today, they pay 22 cents for every $1 by a worker." We wondered whether that was true. The Facebook post was credited to an activist group called "The Other 98 Percent," which describes itself as at the forefront of a "new movement to kick corporate ...
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