In both cases, the 47% sometimes pays more in FICA than they get back. With the corporations, it is almost certain that these corporations pay far more in the matching payroll taxes to FICA than you think.
If I don't respond to you, maybe I'm tired of nonsense. I don't need the last word like some of you do.
The usual response when someone applies for unemployment or SNAP or SS Disability is something like "I am entitled to it..I paid into it...I did not write the laws". Boeing, I am assuming, took advantage of all the tax laws legally. And the liberal states that they operate in, like Washington, probably gave them state tax breaks to stay there.
As much as I think that people and corporations should pay their taxes and not go after every tax loophole that just doesn't seem to be the way things work and it is not the way our legislators designed them.
But don't be too worried. Corporate taxation is probably the least efficient and effective tax system and lower taxes for them means higher profits and capital gains taxes for their investors.
I suppose that we could eliminate corporations and the pooling of capital for building, infrastructure, and hiring people.
BTW, one of the advantages in the US is anyone can buy stock/equity and take advantage of those tax breaks.
Last edited by Eric7216; 02-22-14 at 09:43 PM. Reason: Adding BTW line.
Oh, are you talking about those taxes sitting in offshore tax havens?
I find it funny those middle income people that don't pay federal income taxes are called freeloaders, while we ignore it from multi billion dollar multinationals.