Quack
Reg Dunlop
- Joined
- Jun 12, 2004
- Posts
- 394
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well then, maybe you should at last do some research on the topic of corporate taxation yourself before you chose to believe what your friends who watch Fox news tell you...
For 2009
http://www.oil-price.net/en/articles/How-Exxon-paid-zero-tazes-in-2009.php
http://money.cnn.com/2011/11/03/news/economy/corporate_taxes/index.htm
http://www.lifeslittlemysteries.com/which-10-giant-corporations-dont-pay-taxes-1587/
and for 2010 they paid a whopping 18%.... what do you pay on your salary?
http://www.washingtonpost.com/busin...y-pay-in-taxes/2011/05/11/AF7UNutG_story.html
NOTE: Washington Post is a "Fox" type news paper, with a very pro-business bent.
2010 Income before tax was 52,000...Income tax was 21,500....seems to be that's about a 40 percent income tax. Simlar for the previous years.
What am I missing?
if there is one thing that I have learned in my life, it's that nobody has the market cornered on truth. Everyone can prove everything when you take bits and pieces to prove your point.
Reality though is much more complex and a lot more grey....
Lastly, I find it interesting that there is complaining about some corporations not paying taxes - they are simply operating in a system that allows them to do it - set up by Congress. Congress is the real culprit, if we had a simplified tax code, we wouldn't be having this discussion...
if there is one thing that I have learned in my life, it's that nobody has the market cornered on truth. Everyone can prove everything when you take bits and pieces to prove your point.
Reality though is much more complex and a lot more grey....
Lastly, I find it interesting that there is complaining about some corporations not paying taxes - they are simply operating in a system that allows them to do it - set up by Congress. Congress is the real culprit, if we had a simplified tax code, we wouldn't be having this discussion...
you're missing it all, and I have a feeling you like asking the questions but don't want to hear the answers.
use google and do your own research on the topic.
No one should be anti business. The vast majority of us should, however, be anti management.