30 Major Corporations Paid No Income Taxes While Making $160 Billion

[merrill]

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion

In fact, in the last three years, 78 corporations had at least one year where they paid no federal income tax at all, while 30 corporations paid not a dime over the entire three years. Those 30 corporations paid nothing, even though they made $160 billion in profits over that period:

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

 

[WillowTree]

and obummer took the ceo of the one of them and made him a czar.. so what's yer beef again?

 

[skookerasbil]

and obummer took the ceo of the one of them and made him a czar.. so what's yer beef again?

lmao.................

The 99%er sympathizers are such meatheads!!

 

[Soggy in NOLA]

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion

In fact, in the last three years, 78 corporations had at least one year where they paid no federal income tax at all, while 30 corporations paid not a dime over the entire three years. Those 30 corporations paid nothing, even though they made $160 billion in profits over that period:

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

ThinkProgress?????

So let's see, so far today, a thread about millionaires, health insurance AND evil corporations. You need to start a CHeney and Halliburton thread to make it a complete washout.

 

[alan1]

The shareholders paid taxes on the dividends they received from said companies.
Taxes weren't avoided, merely collected from a different entity.

 

[merrill]

and obummer took the ceo of the one of them and made him a czar.. so what's yer beef again?

lmao.................

The 99%er sympathizers are such meatheads!!

Of these corporations who paid nothing it makes me wonder how many receive preferential tax assistance and who accept corporate welfare aka tax dollar moochin

 

[Crackerjack]

The did pay all sorts of other taxes, and the wages they paid to their employees was taxed many times over.

[/thread]

 

[Soggy in NOLA]

and obummer took the ceo of the one of them and made him a czar.. so what's yer beef again?

lmao.................

The 99%er sympathizers are such meatheads!!

Of these corporations who paid nothing it makes me wonder how many receive preferential tax assistance and who accept corporate welfare aka tax dollar moochin

And how much dollar moochin are YOU doing? I'm guessing you're a 47 percenter who pays NOTHING.

 

[Crackerjack]

lmao.................

The 99%er sympathizers are such meatheads!!

Of these corporations who paid nothing it makes me wonder how many receive preferential tax assistance and who accept corporate welfare aka tax dollar moochin

And how much dollar moochin are YOU doing? I'm guessing you're a 47 percenter who pays NOTHING.

Or at the very least takes every single deduction and tax credit he possibly can. Hypocrisy at its finest!

 

[Inthemiddle]

The shareholders paid taxes on the dividends they received from said companies.
Taxes weren't avoided, merely collected from a different entity.

So, if I make $X but pay no taxes, then pay some of my money to a housekeeper who does pay taxes, that's cool?

 

[DontBeStupid]

The shareholders paid taxes on the dividends they received from said companies.
Taxes weren't avoided, merely collected from a different entity.

Except, no company pays out all profits in the form of dividends, so the article is correct.

 

[Soggy in NOLA]

I wonder how much these goofballs could accomplish if the devoted 1/2 the time they spend complaining about everything to something productive?

 

[Crackerjack]

I wonder how much these goofballs could accomplish if the devoted 1/2 the time they spend complaining about everything to something productive?

I challenge your assumption that any of them have a marketable talent.

 

[Soggy in NOLA]

I wonder how much these goofballs could accomplish if the devoted 1/2 the time they spend complaining about everything to something productive?

I challenge your assumption that any of them have a marketable talent.

I like to give my fellow man the benefit of thinking they're not as totally useless as they seem.

Silly, I know.

 

[merrill]

As CTJ’s report put it, “just as workers pay their fair share of taxes on their earnings, so should successful businesses pay their fair share on their success.

But today corporate tax loopholes are so out of control that most Americans can rightfully complain, ‘I pay more federal income taxes than General Electric, Boeing, DuPont, Wells Fargo, Verizon, etc., etc., all put together.’ That’s an unacceptable situation.” And its one that lawmakers could fix, if they were willing to stand up to the nation’s biggest corporations.


30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

 

[alan1]

As CTJ’s report put it, “just as workers pay their fair share of taxes on their earnings, so should successful businesses pay their fair share on their success.

But today corporate tax loopholes are so out of control that most Americans can rightfully complain, ‘I pay more federal income taxes than General Electric, Boeing, DuPont, Wells Fargo, Verizon, etc., etc., all put together.’ That’s an unacceptable situation.” And its one that lawmakers could fix, if they were willing to stand up to the nation’s biggest corporations.


30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

Define "Fair Share".

 

[Crackerjack]

As CTJ’s report put it, “just as workers pay their fair share of taxes on their earnings, so should successful businesses pay their fair share on their success.

But today corporate tax loopholes are so out of control that most Americans can rightfully complain, ‘I pay more federal income taxes than General Electric, Boeing, DuPont, Wells Fargo, Verizon, etc., etc., all put together.’ That’s an unacceptable situation.” And its one that lawmakers could fix, if they were willing to stand up to the nation’s biggest corporations.


30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

Yeah, let's punish success! Great idea!

 

[Crackerjack]

As CTJ’s report put it, “just as workers pay their fair share of taxes on their earnings, so should successful businesses pay their fair share on their success.

But today corporate tax loopholes are so out of control that most Americans can rightfully complain, ‘I pay more federal income taxes than General Electric, Boeing, DuPont, Wells Fargo, Verizon, etc., etc., all put together.’ That’s an unacceptable situation.” And its one that lawmakers could fix, if they were willing to stand up to the nation’s biggest corporations.


30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

Define "Fair Share".

Something tells me it will closely resemble the definition of the word "profit." Just a wild guess.

 

[Mr. H.]

As CTJ’s report put it, “just as workers pay their fair share of taxes on their earnings, so should successful businesses pay their fair share on their success.

But today corporate tax loopholes are so out of control that most Americans can rightfully complain, ‘I pay more federal income taxes than General Electric, Boeing, DuPont, Wells Fargo, Verizon, etc., etc., all put together.’ That’s an unacceptable situation.” And its one that lawmakers could fix, if they were willing to stand up to the nation’s biggest corporations.


30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

I see you've downloaded the Stupid app.
Seems to work well for you.

 

[merrill]

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion

In fact, in the last three years, 78 corporations had at least one year where they paid no federal income tax at all, while 30 corporations paid not a dime over the entire three years. Those 30 corporations paid nothing, even though they made $160 billion in profits over that period:

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

Hmmmmmmmmm

Could this be the reason that so many middle class people get stuck with higher taxes?