The US recession put a serious hole in the tax base. Corporate tax collection is down almost $100 billion from its peak in 2006.
The banking crisis is over; the fiscal crisis has just begun.
Friday, March 27, 2009
US corporate tax takes a hit
Labels:
crash,
Debt,
finance,
inflation,
money,
US economy,
US housing bubble
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment