Nation of Change: Five numbers that add up to Dump Walker
http://www.nationofchange.org/print/17461
(1) $430 billion: The total payroll for federal and state employees in 2010. This is less than the amount of untaxed cash being held overseas by non-financial corporations. Local government payrolls bring the total up to about $1 trillion, still less than the total amount of cash being held by non-financial corporations.
(2) $800 billion: The total earnings of unionized employees in 2011. Even though union members make up about 12% of the workforce, their total pay amounts to just 10% of adjusted gross income as reported to the IRS.
(3) $900 billion: The total salaries of corporate executives and financial industry employees. CEOs and managers and finance workers made more than ALL 16 million unionized employees in the United States. They made almost as much as ALL 17.5 million full-time government workers in the United States.
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(5) 22 cents: What corporations are willing to pay to support government. For every dollar of workers' payroll tax paid in the 1950s, corporations paid three dollars in income taxes. Now it's 22 cents. Despite a doubling of corporate profits to $2 trillion in less than ten years, the corporate income tax rate, which for thirty years hovered around the 20-25% level, suddenly dropped to 10% after the recession, and has remained there for three years.
