Senator John Cornyn

@JohnCornyn ↗

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Last Checked April 17, 2022

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Sun Apr 03 11:28:10 +0000 2022

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Senator John Cornyn @JohnCornyn

Individual income taxes for fiscal 2021 rose $436 billion, or 27%, to reach $2.04 trillion, which CBO notes was a function of “workers with relatively high incomes who face higher tax rates.” Income taxes equalled 9.1% of GDP, well above the 50-year average of 7.9%. — PolitiTweet.org

Posted April 3, 2022

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Senator John Cornyn @JohnCornyn

Individual income taxes rose $271 billion, or 38%, to $975 billion. Corporate income taxes rose 31%, or $28 billion, to $117 billion. — PolitiTweet.org

Posted April 3, 2022

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Senator John Cornyn @JohnCornyn

Corporate income taxes climbed 75.5%, or $160 billion, to $372 billion. Philosophical question: Does all of this qualify as paying a “fair share” of the tax burden? — PolitiTweet.org

Posted April 3, 2022