Individual income tax payments have been rising fast since the economy began to recover, even though wages have hardly budged. But the same isn’t true for taxes for most corporations.
For the vast majority of America’s 5.8 million corporations, profits soared in 2010 — up 53 percent compared to 2009 — when the recession official ended at mid-year. Despite skyrocketing profits, however, their corporate income tax bills actually shrank by $1.9 billion, or 2.6 percent.
We have existing laws — Title VII, um, Lilly Ledbetter, all those existing protections in place — that, I believe, enforce and provide that people doing equal jobs are, certainly in this country, should receive equal pay. So, uh, that bill, in my view, didn’t add — in fact I think it created a lot of additional burdens that would have been hard, um, to make it more difficult for job creators to create jobs… . The reason that I voted against that specific bill is that, I looked at it, and there were already existing laws that need to be enforced and can be enforced and I didn’t feel like adding that layer was going to help us better get at the equal pay issue.
Someone thinks that she is made of Teflon….