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Thread: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

  1. #11
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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Quote Originally Posted by Deuce View Post
    This isn't even that bad of a case, either. A year or two ago there was a company that had billions in profits yet paid $0 in income taxes in the US. I think it was like GE or something!

    edit: nope, ExxonMobil. $45 billion in profit, $0 in income taxes. Because their "headquarters" is a PO box on some island somewhere, basically.
    ThinkProgress » ExxonMobil paid no federal income tax in 2009. (Updated)
    Then what in the HELL is this?



    Yea, I wouldn't be using thinkprogress, who's sources they cite are the Huffpo.
    edit2: GE was also on that list, actually.

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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Quote Originally Posted by DarkWizard12 View Post
    Then what in the HELL is this?



    Yea, I wouldn't be using thinkprogress, who's sources they cite are the Huffpo.
    edit2: GE was also on that list, actually.
    I can't read any of that text.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Quote Originally Posted by Deuce View Post
    I can't read any of that text.
    >left click
    >>view image
    >>>right click when you see the cursor turn into a magnifying glass.

    But if that's too much, it says(in millions USD):

    Income Before Tax 12,706.00 12,068.00 10,206.00 9,204.00 7,517.00
    Income After Tax 7,746.00 6,575.00 6,139.00 4,871.00 3,946.00

    Basically, according to financial statements, they paid about 40% in taxes, each quarter.
    Last edited by DarkWizard12; 10-27-10 at 02:31 AM.

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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Google is fine. HUGE supports of the Democratic party, so they have nothing to worry about.

  5. #15
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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Aww, stop, Duece! You're one of the ones that complains the loudest about the, "evil corporations".

    Not to mention, you don't even comprehend what I'm saying
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Quote Originally Posted by DarkWizard12 View Post
    >left click
    >>view image
    >>>right click when you see the cursor turn into a magnifying glass.

    But if that's too much, it says(in millions USD):

    Income Before Tax 12,706.00 12,068.00 10,206.00 9,204.00 7,517.00
    Income After Tax 7,746.00 6,575.00 6,139.00 4,871.00 3,946.00

    Basically, according to financial statements, they paid about 40% in taxes, each quarter.
    A figment of your imagination?

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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Quote Originally Posted by apdst View Post
    Aww, stop, Duece! You're one of the ones that complains the loudest about the, "evil corporations".

    Not to mention, you don't even comprehend what I'm saying
    hehe, he hasn't even replied to my post, proving exxon paid their taxes, in direct conflict to his blog source.

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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Quote Originally Posted by Whovian View Post
    A figment of your imagination?
    ???? uhh. no...cold hard facts.

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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    Quote Originally Posted by DarkWizard12 View Post
    ???? uhh. no...cold hard facts.
    i was being sarcastic

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    Re: Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

    I'm conducting a study, I'm going around threads to see if every topic eventually melts down into a conservative/republican vs liberal/democrat debate instead of staying on the topic. This one is on the verge, if not already there.

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