Really? Your title illustrates why a PhD stands for piled higher and deeper among academics. Try reviewing the statistics at http://www.irs.gov/file_source/PUP/taxstats/09co22ccr.xls Apparently you are another over educated idiot who equates revenue with income. Only 1% of corporations reported INCOME in excess of $250K; 25.45% of corporations reported income less than $25K; 54% reported a loss. We need a flat tax rate set automatically by the Secretary of the Treasury based on the previous years receipts and the Congress' current appropriations. If spending goes up, so does the tax rate. Likewise, if spending goes down, so does the tax rate.