PinktheFloyd88
Diamond Member
- Banned
- #1
These companies paid little to no federal taxes last year
"These are huge profitable corporations, and they hardly pay any taxes."
www.axios.com
Nineteen of the biggest companies in the U.S. paid very little in federal income tax last year, according to a new report provided exclusively to Axios by the progressive think tank Center for American Progress (CAP). Four companies paid less than zero in federal income tax, including AT&T, Charter Communications, American International Group and Dow Inc.
Why it matters: Corporate profits surged to record highs last year, thanks in part to copious amounts of government spending. The idea that companies that earned billions aren't paying any federal tax is sure to fuel simmering criticisms from Democratic lawmakers.
"These are huge profitable corporations, and they hardly pay any taxes," said Seth Hanlon, a senior fellow at CAP who coauthored the report. "It's a glaring sign that something is wrong with the tax system."
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AT&T
AIG
Dow
GM
Ford
Bank of America
Metlife
Exxon
Chevron
These are just SOME OF THE NAMES of corporations that are sucking the lifeforce from our country, and are not paying their fair share. I have said it before and I will say it again: EAT THE RICH. These fuckers need to pay their fair share. Why is it you and me have to pay our taxes, but AT&T has a NEGATIVE tax rate?
Thoughts?