Walmart Employees Place Food Donation Bins at Doorstep of Alice Walton's $25 Million Condo

[OnePercenter]

You are dumb. US corporations do not pay income tax, they simply tack that onto their product's prices and go on.

The same way a worker pays his......from his paycheck? WOW! People and businesses pay taxes from monies they earn. WOW!

 

[whitehall]

Alice Walton's legacy supplies Americans with quality merchandise at reasonable prices. What do maniac lefties think about 25 million dollar condos that hip hop artists buy or hollywood actors live in? Shouldn't an extra on a movie be paid as much as the star?

 

[Toddsterpatriot]

The right to earn a living and enjoy the fruits of one's labor is a fundamental human right, guaranteed by the Constitution.

That phrase is in the Constitution? LOL!

Got it right from the CATO propaganda site.

The Right to Earn a Living Cato Institute

Sorry, CATO isn't the US Constitution.

 

[SmarterThanTheAverageBear]

You are dumb. US corporations do not pay income tax, they simply tack that onto their product's prices and go on.

The same way a worker pays his......from his paycheck? WOW! People and businesses pay taxes from monies they earn. WOW!

Well not exactly, but okay

 

[OnePercenter]

Their income isn't 182B.

Again, you're reading comprehension challenged. 'effective comparable to you.'

 

[Toddsterpatriot]

Your family trust had $26.5 million in expenses?

Yes. F-a-m-i-l-y- t-r-u-s-t.

What's New
Income tax brackets.
Beginning in 2013, the top income tax bracket for estates and trusts is 39.6%, as amended by the American Taxpayer Relief Act of 2012 (ATRA), P.L. 112– 240.
Capital gains and qualified divi-dends.
Beginning in 2013, the maximum rate for long-term capital gains and qualified dividends is 20%, as amended by ATRA. For tax year 2013, the 20% rate applies to estates and trusts with income above $11,950. The 0% and 15% rates continue to apply to certain threshold amounts.

..........

When trusts are used for legitimate business, family, or estate planning purposes, either the trust, the beneficiary, or the transferor of assets to the trust will pay the tax on income generated by the trust property. Trusts cannot be used to transform a taxpayer's personal, living, or educational expenses into deductible items, and cannot seek to avoid tax liability by ignoring either the true ownership of income and assets or the true substance of transactions.


http://www.irs.gov/pub/irs-pdf/i1041.pdf

The family trust (Nevada corporation) paid 4% effective on $26.5M last year.

A family trust is 100% expenses. No profit.

They paid 4% tax on $26.5M in expenses?

You sound confused again.

 

[Toddsterpatriot]

Their income isn't 182B.

Again, you're reading comprehension challenged. 'effective comparable to you.'

My effective has nothing to do with your huge error about Berkshire's income.

 

[OnePercenter]

Romney and Obama pay around this much in taxes...

Obama maybe, Romney, I have my doubts. We only saw a tax return that was highly worked.

 

[Papageorgio]

You are dumb. US corporations do not pay income tax, they simply tack that onto their product's prices and go on.

The same way a worker pays his......from his paycheck? WOW! People and businesses pay taxes from monies they earn. WOW!

Did your "company" make a profit last year or this year?

 

[OnePercenter]

True. They keep saying "yabut U.S. companies are taxed at 35%!!!".

GAO U.S. corporations pay average effective tax rate of 12.6 - Jul. 1 2013

When you talk actual, you blow their bloviating.

 

[OnePercenter]

Sorry, CATO isn't the US Constitution.

I'm quoting a Libertarian think tank. Are you saying that Libertarian think tanks are wrong?

 

[Toddsterpatriot]

Sorry, CATO isn't the US Constitution.

I'm quoting a Libertarian think tank. Are you saying that Libertarian think tanks are wrong?

I'm saying, CATO isn't the US Constitution.
Are you having reading comprehension issues again?

 

[Dot Com]

Democrats ought to run on Supreme Court appointees and the Right's love of food bins in lieu of a living wage

 

[OnePercenter]

What's New
Income tax brackets.
Beginning in 2013, the top income tax bracket for estates and trusts is 39.6%, as amended by the American Taxpayer Relief Act of 2012 (ATRA), P.L. 112– 240.
Capital gains and qualified divi-dends.
Beginning in 2013, the maximum rate for long-term capital gains and qualified dividends is 20%, as amended by ATRA. For tax year 2013, the 20% rate applies to estates and trusts with income above $11,950. The 0% and 15% rates continue to apply to certain threshold amounts.

..........

When trusts are used for legitimate business, family, or estate planning purposes, either the trust, the beneficiary, or the transferor of assets to the trust will pay the tax on income generated by the trust property. Trusts cannot be used to transform a taxpayer's personal, living, or educational expenses into deductible items, and cannot seek to avoid tax liability by ignoring either the true ownership of income and assets or the true substance of transactions.


http://www.irs.gov/pub/irs-pdf/i1041.pdf

The family trust (Nevada corporation) paid 4% effective on $26.5M last year.

A family trust is 100% expenses. No profit.

They paid 4% tax on $26.5M in expenses?

You sound confused again.

Which is why you convert family trusts into corporations which pay corporate taxes and follow corporate rules.

 

[OnePercenter]

My effective has nothing to do with your huge error about Berkshire's income.

The effective rate for corporations and individuals is 'figured' differently. Do you know why?

 

[OnePercenter]

Did your "company" make a profit last year or this year?

My company netted $5M in 2013. This year $10M.

 

[Papageorgio]

Did your "company" make a profit last year or this year?

My company netted $5M in 2013. This year $10M.

And did your company give any to charity? Did your company help and hire low wage earners to work for you? How much did you give to charity? Did you pay more in taxes than you had to?

If you believe in your own BS 4.5 million more should have went to all these other things. If you are going to be at 10 million, then you should be providing more jobs than you are. Your net should only be one million.

That's according to your BS, and your claims to want to help the middle class and the poor.

You like I have been saying all along, are greedy and no better than the rich you criticize.

 

[Dot Com]

who here works for a company that routinely has "food bins" in the break room for low-paid employees? A company that has revenues > $100,000,000

 

[Toddsterpatriot]

What's New
Income tax brackets.
Beginning in 2013, the top income tax bracket for estates and trusts is 39.6%, as amended by the American Taxpayer Relief Act of 2012 (ATRA), P.L. 112– 240.
Capital gains and qualified divi-dends.
Beginning in 2013, the maximum rate for long-term capital gains and qualified dividends is 20%, as amended by ATRA. For tax year 2013, the 20% rate applies to estates and trusts with income above $11,950. The 0% and 15% rates continue to apply to certain threshold amounts.

..........

When trusts are used for legitimate business, family, or estate planning purposes, either the trust, the beneficiary, or the transferor of assets to the trust will pay the tax on income generated by the trust property. Trusts cannot be used to transform a taxpayer's personal, living, or educational expenses into deductible items, and cannot seek to avoid tax liability by ignoring either the true ownership of income and assets or the true substance of transactions.


http://www.irs.gov/pub/irs-pdf/i1041.pdf

The family trust (Nevada corporation) paid 4% effective on $26.5M last year.

A family trust is 100% expenses. No profit.

They paid 4% tax on $26.5M in expenses?

You sound confused again.

Which is why you convert family trusts into corporations which pay corporate taxes and follow corporate rules.

So you paid corporate taxes and didn't cheat.

So why'd you lie about it for so long?

 

[Dot Com]

who here works for a company that routinely has "food bins" in the break room for low-paid employees? A company that has revenues > $100,000,000