Most firms pay no income taxes

Discussion in 'Economy' started by proletarian, Apr 12, 2010.

  1. ☭proletarian☭
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    ☭proletarian☭ Guest

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  2. RetiredGySgt
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    RetiredGySgt Platinum Member

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    Avoid? So now not making enough to pay income tax is avoiding it? Will that be the next big Liberal scare tactic?
     
  3. antagon
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    antagon The Man

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    so sarge didnt read the article...
     
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    RetiredGySgt Platinum Member

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    From the article. You may want to take a course in reading comprehension.
     
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    Skull Pilot Platinum Member

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    BIg Biden Deal.

    My 2 companies pay no income tax either.

    But I pay taxes on any profit whether I leave it in the corp or not. My employees pay taxes on what I pay them.

    What you tax the corporations to death people don't understand is that it makes no sense for a corporation to have scads of cash hanging around.
     
    Last edited: Apr 12, 2010
  6. antagon
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    antagon The Man

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    :doubt: well i'm sitting on the biggest check ive cut since 2007.
     
  7. editec
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    editec Mr. Forgot-it-All

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    If they're avoiding taxes by paying their employees, there's surely no problem with that.

    If they're shifting their profits to offshore operation to avoid taxes, the CEO ought to be hanged and the corporation shut down.
     
  8. antagon
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    antagon The Man

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    what does that have to do with 'not making enough money'? moreover, that is certainly not the case with major multinationals.
     
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    Major Corporations are paying their taxes dumb ass. And those people and Business not paying are doing so because they did not make enough to HAVE to pay taxes, though in almost every case they ARE paying taxes in a different venue then Federal Income tax, as the article explains.

    LEARN how to read.
     
  10. antagon
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    antagon The Man

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    i think reading's just different when your head is up the ass of a big business like yours is. there's not anything in the article about not making enough money. what is there is that major firms dodge their US tax liability entirely, despite making plenty enough cash on our soil to constitute a liability.

    those 'different venues' that you're talking about, are offshore tax shelters.
     

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