[Small-L]

If revenue is up, the politicians are going to want to spend more. The only way to reduce spending is for the people to be aware of what government is costing--do away with all the hidden taxes and withholding. When people have to write a check every month that's more than their mortgage, the'll start demanding cuts in Washington. Until then...

[Phantom Lord]

How can corporate taxes be at a record level? The liberals keep telling me that Bush cut their taxes and they pay virtually no taxes. Same with the rich. Its the poor and middle class pay all the taxes they tell me.

[philsfan24]

your republican government at work.

[Onelifetogive]

...corporate tax payments hit an all-time high...

Didn't Bush CUT taxes? Oh, right, he cut RATES, creating a BOOMING economy and higher revenue.....

[Democracy In Iraq]

The federal government posted the first budget surplus for December in three years...

Shouldn't this article have been headlined Federal Government Posts Budget Surplus?

I know, dumb question.

[ancient_geezer]

A Taxreform bump for you all.

If anyone would like to be added to this ping list let me know.

John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.

H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.

Refer for additional information:

• search: "national sales tax" OR "national retail sales tax" OR "fairtax"

[Hank Rearden]

corporate tax payments hit an all-time high, helping offset a record level for spending

Nice legacy the Republican Party's got going there - steal more, spend more.

So, Republicans, how's that "limited government" thingie you've been promising us for decades coming along . . . . . hmmmmm?

[FreedomNeocon]

Corp. Taxes are NOT 'higher than ever', Corp. Tax revenue is.

Spending... well that one is correct.

Typical misleading headline.

[af_vet_rr]

The ironic thing is, if Bill Clinton were in office and the Democrats were running Congress, and the government spending kept increasing and increasing, breaking all kinds of records like it did last month, this thread would be 20+ pages long with God knows how many 100s of responses.