Corporations pay no taxes

Discussion in 'Politics' started by JRK, Oct 29, 2011.

  1. JRK
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    JRK Senior Member

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    People do, when BHO states corporations need there rates to go up, we will pay for that. I have realized that there are many "conservatives" on this message board that are clueless as to who pays all taxes in this country

    What harms the corporation is the tax rate is so hi, they cannot compete with corps over seas that get taxed 50-75% what we pay here

    Herman Cain gets it
    9-9-9 is a great idea, this will save the consumer billions
     
  2. Matthew
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    Matthew Blue dog all the way!

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    Cain Approved.
     
  3. Mr. H.
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    Corporations come in all shapes and sizes. To blanketly state that corporatons don't pay taxes is a falsehood. Many business have no mechanism to pass along increases in costs- be they labor, material, or taxes.
     
  4. Charles_Main
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    Charles_Main AR15 Owner

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    oops
     
  5. Charles_Main
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    Charles_Main AR15 Owner

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    Studies show that after deductions, Credit and Loopholes the Average US Cooperation pays about 22% taxes on their Profit. Unless you are say, a Huge Obama Supporter like GE, then you pay Nothing at all and make Record Profits while the Left looks the other way.
     
  6. uscitizen
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    uscitizen Senior Member

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    Unlike corporations real people cannot raise their income to cover their taxes.
     
  7. Gadawg73
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    Gadawg73 Gold Member

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    I own 3 corporations.
    None of my corporations have ever paid any taxes. No corporation in the history of America has ever paid one cent in taxes.
    PEOPLE pay taxes.
    All a corporation EVER DOES, is factor in the cost of taxes in every sale they make. The corporation collects the taxes and pays it on to government.
    ALWAYS.
    A corporation is an entity that limits it's liability to the value of the corporation and it's assets. NOTHING MORE.
    They never pay taxes. PEOPLE pay taxes.
     
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  8. Gadawg73
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    Gadawg73 Gold Member

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    H, where does a corporation get it's $$$?
    If the corporation makes NO money then how does it pay taxes?
    Business gets their $$ from consumers.
    CONSUMERS, PEOPLE always pay taxes. NOT the corporation.
     
  9. uscitizen
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    uscitizen Senior Member

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    Many corporations make billions in profit and yet pay no taxes.
     
  10. Gadawg73
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    Gadawg73 Gold Member

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    Obama has no control over what a corporation pays in taxes.
    GE is a worldwide company. Their over seas companies do not bring the profits home so they are not taxed on it.
    And they are smart for doing so. We tax twice.
    No wonder so many companies have left.
     

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