Forum RulesLatest topics
Social Networks
Links to Affiliates and Resources
Displaced American Workers United
Outsaurus
Extend Unemployment Benefits
Unemployed Workers.org.
Examiner.com Denver
99ers.net/
The Paradox of Corporate Taxes
2 posters
:: Lobby :: General Discussion
Page 1 of 1
The Paradox of Corporate Taxes
by gettheminNOVEMBER Mon May 30, 2011 1:08 pm
http://www.nytimes.com/2011/02/02/business/economy/02leonhardt.html?_r=1
But Carnival’s biggest government benefit of all may be the price it pays for many of those services. Over the last five years, the company has paid total corporate taxes — federal, state, local and foreign — equal to only 1.1 percent of its cumulative $11.3 billion in profits. Thanks to an obscure loophole in the tax code, Carnival can legally avoid most taxes.
So much for SHARED SACRIFICE! Add the Bush tax cuts to that. Yea REPUKES we have a revenue problem.
But Carnival’s biggest government benefit of all may be the price it pays for many of those services. Over the last five years, the company has paid total corporate taxes — federal, state, local and foreign — equal to only 1.1 percent of its cumulative $11.3 billion in profits. Thanks to an obscure loophole in the tax code, Carnival can legally avoid most taxes.
So much for SHARED SACRIFICE! Add the Bush tax cuts to that. Yea REPUKES we have a revenue problem.
gettheminNOVEMBER- Member
- Posts : 2626
Join date : 2011-02-21
Age : 49
Re: The Paradox of Corporate Taxes
by mistermunster Mon May 30, 2011 8:35 pm
Here's another rat that thinks Corps are "PEOPLE TOO"
As usual the NY Times overlooks the tax cheats and ingrates in the working classes and the millions of indolent work evaders. Corporations are people too and deserve to enjoy the freedom from government tyranny granted by our Constitution just as much as anyone else. Taxing corporations and giving their wealth to the ignorant and lazy only punishes industry. Not only is this against the wishes of our founding fathers, but it is a sin against those most blessed by our Lord and most capable of leading our great nation into the future.
As usual the NY Times overlooks the tax cheats and ingrates in the working classes and the millions of indolent work evaders. Corporations are people too and deserve to enjoy the freedom from government tyranny granted by our Constitution just as much as anyone else. Taxing corporations and giving their wealth to the ignorant and lazy only punishes industry. Not only is this against the wishes of our founding fathers, but it is a sin against those most blessed by our Lord and most capable of leading our great nation into the future.
mistermunster- Member
- Posts : 847
Join date : 2011-02-19
Age : 61
Location : ca
Re: The Paradox of Corporate Taxes
by Guest Mon May 30, 2011 9:29 pm
“A dirty little secret,” Richard Clarida, a Columbia University economist and former official in the Treasury Department under President George W. Bush, has said, “is that the corporate income tax used to raise a fair amount of revenue.”
YA THINK!!!!!!!!
Guest- Guest
Similar topics» Corporate Citizens: Pay Your Taxes!!
» Adbusters Targets Corporate Propaganda With #OccupyXmas
» The New War of Independence -- Against Corporate Politics
» Corporate Profits Soaring Thanks To Record Unemployment
» Gop spreads Corporate Tax Disinformation America fight back
» Adbusters Targets Corporate Propaganda With #OccupyXmas
» The New War of Independence -- Against Corporate Politics
» Corporate Profits Soaring Thanks To Record Unemployment
» Gop spreads Corporate Tax Disinformation America fight back
:: Lobby :: General Discussion
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» UF2 Members Chat Thread: Part 3
» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
» I see this board has been quiet
» Hello Ya'll. *Theirmommie*
» 20 % of Americans Struggle To Buy Food
» The Make Some One Day Challenge
» Clues to why they not hiring you
» New Year Nothing Change
» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
» Forbes: America's #1 Problem is Jobs, Not Debt
» Economy just getting worse
» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
» Hey Guys!!!!
» Up all NIGHT WORRIED!