Do Wealthiest Corporations Pay Taxes in America?

Discussion in 'Economy' started by Dante, Nov 11, 2010.

  1. Dante
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    Dante On leave Supporting Member

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    Do Wealthiest Corporations Pay Taxes in America?

    U.S. Companies Dodge $60 Billion in Taxes With Global Odyssey - as reported in the Communist Bloomberg News :lol:

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    Exxon Mobil paid no federal income tax in 2009

    The joke goes, The economy is so bad Exxon Mobil laid off 25 Congressmen.

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    "If you've ever wondered how it's possible that you pay more to the IRS than General Electric...Microsoft, for example, has its overseas subsidiaries license software to its US parent company in return for handsome royalties that get taxed at lower overseas rates. Exxon limits its tax pain with the help of 20 wholly owned subsidiaries domiciled in the Bahamas, Bermuda, and the Cayman Islands that shelter cash flow from operations in the likes of Angola, Azerbaijan, and Abu Dhabi....Now quit your carping and get back to filling out that 1040!"

    - Slashdot News Story | What the Top US Companies Pay In Taxes

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    How Multinational Corporations Dodge Taxes


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    and the Conservative Supreme Court has just allowed these pay-little-to-no-taxes corporations to influence our elections with money they avoided paying into US tax coffers. All while crying American taxes are too high. :eek:
     
  2. Revere
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    Do they have taxable US income? I mean, besides payroll taxes. State and local taxes. Property taxes. Personal property taxes.

    Do they pay those regardless?

    You left out the White House's but buddies at Google.
     
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    What does wealth have to do with income or corporate taxes?
     
  4. Liability
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    Liability Locked Account. Supporting Member

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    Robert F. Kennedy's ghost just ghouled in with this request:

    "Erah erah tell that pussy, Dainty, not to erah erah use my image. It is offensive to be used as the erah erah avatar for the likes of that lowlife shit eater."

    I concur with the late Senator from the Empire State.

    And furthermore, this thread is too stupid for words, and thus perfectly suited to the minuscule intellectual capacity of Dainty. That puss still thinks that any corporations pay taxes, ever. :cuckoo:

    Dainty is fucking retarded.
     
  5. Dante
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    Dante On leave Supporting Member

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    To quote mediamatters :)lol:) Even though Exxon doesn’t contribute anything to the federal government, it spends millions of dollars trying to control it.
     
  6. Liability
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    Liability Locked Account. Supporting Member

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    Zzzzzzz.

    Media Mutters is a left wing propaganda organization, but they try to deny it.

    You keep outing them, Dainty.

    In the meanwhile, jerk-off, if International Widget Corporation gets assessed some heavy new tax, WHO pays it?

    (a) International Widget Corporation, or

    (b) the buyers of the products produced by International Widget Corporation in the form of higher product cost?​


    Go ask an adult who isn't retarded, as you are, to help you on this one, shithead.
     
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    How much does Exxon pay in payroll taxes to the Federal government? Oil field leases?
     
  8. Liability
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    Lots.

    But ultimately, the people (i.e., us) who buy their product (i.e., gasoline) are the ones who actually pay for all of that in the form of higher price/gallon at the pump.

    There's no way around it.

    The costs get passed along. Taxes are just such a cost. So when they get passed along, the consumers end up paying.

    And paying.

    And paying.

    And paying.

    And paying.

    And paying.

    And did I mention paying?
     
  9. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Why should big corporations pay taxes?

    Why should the government pay for oil?

    Why should people pay for oil?

    Why should people pay for rent?

    Why work?

    Why?

    Lets all be like corporations and just take what we want. Should work out just fine.
     
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  10. Revere
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    Only government takes what it wants.
     

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