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Major profitable corporations are paying negative income taxes.

SheWolf said:
It goes both ways, and I have seen your posts complaining about people being on welfare, and dropping out of school and having babies just to apply for welfare. That's blaming the poor and not blaming the government, and ftr, I don't see anything wrong with blaming both sides... because it's not entirely the governments fault. We have all allowed the government become what it is today, and businesses and corporations are included in that blame. We can't expect better from our government if we don't expect better from the people or businesses in this country. We shouldn't think of ourselves as a land of opportunists which the government has to babysit and provide constant direction to.
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Blame Congress. As I said above: blame the Johns or blame the whores. I'll blame the one I can effect at the ballot box.

"Shame on you corporations....you should be more honest."

"Damn you, Congress. Do your freakin' jobs."
 
SheWolf said:
I never said they are acting illegally. I am saying that they have more control and power over Congress than we do.
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She Wolf! Think! Why is that?? Because Congress allows itself to be bought. Because from the moment they get into office, they're trying to figure out how they can stay in office. And they concentrate on appeasing their voting base while at the same time raising as much money as they can for their next campaign funds...getting as many insider stock tips as they can...setting up their after-Congress lobbying careers...their careers on corporate boards...staying in office 30 years...And who pays them? Anyone with funds: Corporate America and Unions.
 
MaggieD said:
Kinda' naive?? What are you talking about?? If Congress is bought by Corporate America it's because Congress let itself be bought. It's because Congress doesn't give a **** about what's best for our country. It's because Congress cares more about preserving the status quo than fixing our sick economy. It's because Congress is filled with whores. Blame the John? Or blame the whore? Take your pick. I'll pick the one I can do something about at the ballot box.
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It takes two to tango... John and the whore are both to blame
 
SheWolf said:
It takes two to tango... John and the whore are both to blame
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I'll agree with that. But why all the concentration on Corporate America? Where is our outrage at Congress? Why concentrate ire on Corporate America, Big Banks, the upper 1%? Why not focus it on the guys that can actually do something about it? You know, the guys that actually allow it to happen? And worse, facilitate it?
 
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MaggieD said:
I'll agree with that. But why all the concentration on Corporate America? Where is our outrage at Congress? Why concentrate ire on Corporate America, Big Banks, the upper 1%? Why not focus it on the guys that can actually do something about it? You know, the guys that actually allow it to happen? And worse, facilitate it?
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The won't do anything about it until we start complaining about it, and right now, nobody in the race is saying anything about ending corp welfare or addressing issues with the tax code like this. I see more people arguing against tax cuts and giving companies a break than I see anybody honestly talking about how the largest firms are paying nothing and getting refunds. It's a problem nobody is DC wants to address, and it's not common knowledge to many people.
 
SheWolf said:
The won't do anything about it until we start complaining about it, and right now, nobody in the race is saying anything about ending corp welfare or addressing issues with the tax code like this. I see more people arguing against tax cuts and giving companies a break than I see anybody honestly talking about how the largest firms are paying nothing and getting refunds. It's a problem nobody is DC wants to address, and it's not common knowledge to many people.
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Double like. I couldn't agree more. I would have been sooooo excited if OWS could have rallied its message around this -- but it's not to be. At least not yet.
 
MaggieD said:
I'll agree with that. But why all the concentration on Corporate America? Where is our outrage at Congress? Why concentrate ire on Corporate America, Big Banks, the upper 1%? Why not focus it on the guys that can actually do something about it? You know, the guys that actually allow it to happen? And worse, facilitate it?
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In the end right now it's all one in the same. A few years in a corporate job until the right guy gets elected. Then a few years in a government job until it's time to go back to your corporate job.
 
Corporations paying too much taxs has always been a lie...they never paid near what they should...its just now finally americans are seeing the truth...
 
lpast said:
Corporations paying too much taxs has always been a lie...they never paid near what they should...its just now finally americans are seeing the truth...
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What should they be paying?
 
danarhea said:
Which means that, instead of paying money to the government, the government gives THEM money, despite the fact that they are more profitable than ever. This is Robin Hood in reverse - Steal from the poor and give to the rich.

There are welfare queens in America, and they are the super rich, who receive the lion's share of welfare payments. Dare to take the red pill, and read this report on Verizon. Whether you are Liberal, Conservative, or Libertarian, this report should make your blood boil. No, we are not being turned into batteries..... yet, but we are nevertheless beset by parasites, who are sucking our blood, with the help of Democrats and Republicans who don't give two ****s for We the People. It is time for a third party.

Article is here.
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Verizon gets money from the universal service fund to expand phone coverage to under served areas.
Some of you support this.
 
1Perry said:
The problem is that Verizon (or anyone) should NEVER get tax benefits that allow them to see tax payer money come in.
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That makes no sense. Everyone gets taxpayer dollars in one form or another. Did you read what these credits were composed of? If you do, you will back off that claim I suspect. I don't want to get too heavy handed, I'll leave you to read it if you so choose.

*edit. I see Harry G is listing specifics just above ^^

There are other grants too, specifically designed BY government, to encourage business to TAKE THE GRANT, in order to pursue something your elected representatives want them to pursue.

So we blame verizon for agreeing to take the money congress intentionally tried to attract them with? Still makes zero sense.
 
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Mach said:
That makes no sense. Everyone gets taxpayer dollars in one form or another. Did you read what these credits were composed of? If you do, you will back off that claim I suspect. I don't want to get too heavy handed, I'll leave you to read it if you so choose.

*edit. I see Harry G is listing specifics just above ^^

There are other grants too, specifically designed BY government, to encourage business to TAKE THE GRANT, in order to pursue something your elected representatives want them to pursue.

So we blame verizon for agreeing to take the money congress intentionally tried to attract them with? Still makes zero sense.
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It's a lot more easy for people to clinch their fists and be angry at evil corporations.
On one hand we want government to "build and repair our crumbling infrastructure" and on the other, we don't like when they find a way to do it.
 
Harry Guerrilla said:
It's a lot more easy for people to clinch their fists and be angry at evil corporations.
On one hand we want government to "build and repair our crumbling infrastructure" and on the other, we don't like when they find a way to do it.
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Im not angry at corporations as a entity...Im angry at how many screw us out of greed...and the dirty deals they pull for the same reason...some are plain merciless
 
MaggieD said:
Double like. I couldn't agree more. I would have been sooooo excited if OWS could have rallied its message around this -- but it's not to be. At least not yet.
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They would just **** it up.
 
Tigger said:
The first way to deal with this problem is the same for corporations and the general public.... STOP THE GOVERNMENT FROM SPENDING MONEY ON UNCONSTITUTIONAL PROGRAMS..... like Welfare (corporate or personal), Medicare, HUD, Education, Environment, etc.....
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Yeah, and destroy USAF while you're at it. That would resemble something like an outdated government in the 1700s
 
Thunder said:
well, that's easy.

if corporations are "people", than they should be paying 35% in FIT rate if they make more than $379,000 a year.
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On the gross?

EDIT: Why on earth would you want to lower the corporate tax rate? Since, they don't pay enough in taxes, you say.
 
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drz-400 said:
According to Verizon's annual report they payed a 19.4% effective federal income tax last year, all of which is a deferred tax expense. I assume that becomes a long term liability and is paid later. This article only cites the current tax expense, but not the whole story. So basically I think this article just cherry picked their numbers.
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I love how people go on five pages without referencing this post once. It's so much easier to read a headline and debate ideals than to look at the facts and form an opinion.
 
washunut said:
That is what they pay.
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No, it's not. Corporations--just. like. individuals.--pay taxes on their net income, at whatever tax bracket that lands in, as it should be.
 
Thunder said:
why don't you tell us why it won't work.
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You can't tax loss. It would place too much tax liability on corporations, especially small businesses who aren't as liquid as larger companies.

Do you really want to make a small business, that netted $20,000 pay a 35% tax rate? Why do you hate small businesses?
 
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