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The Source - July 3, 2013
Wed July 3, 2013
The Source: Gettysburg At 150 | Corporations Pay A Fraction Of Tax Rate
In the first segment:
150 years ago today the Battle of Gettysburg was coming to a close. The battle, the bloodiest in American history would change the course of the war. Texas was well represented in the battle and the state also was the site of several often-overlooked battles in the Civil War.
We look back at Gettysburg and the role of Texas in the Civil War with John Huddleston, professor at Schreiner University and Kelly Knauer, editor of the new Time book TIME Gettysburg: Turning Point of the Civil War.
From Web Editor Chris Eudaily: Jody Wood, who attended the 150th anniversary reenactment and took the pictures, is a friend of mine and has been participating in Civil War reenactments since he was a boy. Jody told me that growing up in Texas, he always ended up on the Union side (they always had plenty of Confederate soldiers in the events he was able to attend -- in the South) so he was excited to represent the South in this Gettysburg trip. Jody made his own uniform for the Gettysburg event.
In the second segment:
According to a new study from the Government Accountability Office, U.S. corporations often pay less than half of the 35 percent nominal tax rate. The federal corporate tax rate puts the U.S. at the top of the taxing nations for corporations.
What does this mean when it isn't the rate being paid? Are big businesses paying their fare share?
*The Source airs at 3 p.m. on 89.1 FM KSTX - audio from this show will be posted by 5:30 p.m.