You pay, but the rich don't!

Yurt said:
the examples you gave, i know GE is true, as to the rest i don't know. and i find that egregious. that isn't the corps fault though, that is the legislatures fault. stop bitching about corporations and get your democratic majority in the WH and senate and fix it....oh wait...even when you had a super majority you didn't fix it. so continue bitching from your arm about evil corps, but know this, they are following the law.
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You admit you don't know, but that doesn't stop you from spewing right wing rhetoric. Get off your willfully dumb ass, READ, RESEARCH and then comment.
 
Taichiliberal said:
You admit you don't know, but that doesn't stop you from spewing right wing rhetoric. Get off your willfully dumb ass, READ, RESEARCH and then comment.
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How ironic; a hyper partisan leftist twit who NEVER does any research beyond parroting the moronic leftist meme's he has been fed claiming others should do research.

Well here are some inconvenient facts for you:

FIRST: NO ONE can know how much corporations actually pay in taxes so most of the claims are based purely on hyperbole and ASSumptions.

SECOND: GE does pay BILLIONS in taxes contrary to the fabricated claims of the New York Times who is a liberal rag devoted to disinformation bullshit and hyper partisan hyperbole.

THIRD: GE had a tax reduction carryover for $32 billion in losses from the 2008 economic collapse.

FACT: GE's tax forms amounted to 57,000 pages. Now if that isn't a testimony for what is so terribly wrong with our tax code nothing else is.

FACT: GE's CEO is playing Obama's Jobs Czar and sat on his economic council. How fitting that the lefttards in the country would now attack one of the biggest high wage employers in the nation.

Contrary to multiple news reports in 2011 that fingered General Electric as an income tax dodger during 2010, a GE representative told The Daily Caller the company did in fact pay more than $1 billion in U.S. taxes that year. Additionally, a document GE provided to The DC establishes that the company paid $2.671 billion globally in income tax in 2010.

..............

Then, in a September 10, 2011 story about tax breaks for video game companies, Kocieniewski explained — correctly — that “[n]either corporations nor the government make tax returns public, and the information most companies disclose in their regulatory filings is insufficient to determine how much they pay in federal taxes and how that compares to the official United States corporate rate of 35 percent.”

Read more: http://dailycaller.com/2012/01/30/g...-not-zero-in-2010-income-taxes/#ixzz2zqTB2SpT
 
NOVA said:
Obama's your guy,...bitch to him, not us.
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Where the hell have you been since 2008? The GOP threatened a Gingrich walk out and gov't shut down if Obama tried to enforce such...even Gingrich himself said it was a bad move on their part. So Obama compromised.

Governing through extortion....that's GOP way.
 
Truth Detector said:
How ironic; a hyper partisan leftist twit who NEVER does any research beyond parroting the moronic leftist meme's he has been fed claiming others should do research.

Well here are some inconvenient facts for you:

FIRST: NO ONE can know how much corporations actually pay in taxes so most of the claims are based purely on hyperbole and ASSumptions.

SECOND: GE does pay BILLIONS in taxes contrary to the fabricated claims of the New York Times who is a liberal rag devoted to disinformation bullshit and hyper partisan hyperbole.

THIRD: GE had a tax reduction carryover for $32 billion in losses from the 2008 economic collapse.

FACT: GE's tax forms amounted to 57,000 pages. Now if that isn't a testimony for what is so terribly wrong with our tax code nothing else is.

FACT: GE's CEO is playing Obama's Jobs Czar and sat on his economic council. How fitting that the lefttards in the country would now attack one of the biggest high wage employers in the nation.

Contrary to multiple news reports in 2011 that fingered General Electric as an income tax dodger during 2010, a GE representative told The Daily Caller the company did in fact pay more than $1 billion in U.S. taxes that year. Additionally, a document GE provided to The DC establishes that the company paid $2.671 billion globally in income tax in 2010.

..............

Then, in a September 10, 2011 story about tax breaks for video game companies, Kocieniewski explained — correctly — that “[n]either corporations nor the government make tax returns public, and the information most companies disclose in their regulatory filings is insufficient to determine how much they pay in federal taxes and how that compares to the official United States corporate rate of 35 percent.”

Read more: http://dailycaller.com/2012/01/30/g...-not-zero-in-2010-income-taxes/#ixzz2zqTB2SpT
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A clarification...which supports my original post:


We’re not going to weigh in on Warren’s larger point about whether corporations like GE aren’t paying their fair share. That’s up to voters to decide. Again, the company has clearly been aggressive in reducing its tax burden through various tax credits and deductions created by the federal government (one example is clean energy incentives). It also has been creative in moving a good deal of its profits offshore. But Warren overreached with her claim that GE pays “zero” in taxes. The company does pay payroll taxes and local and state taxes. And GE says it also pays federal income taxes. How much? We don’t know, and GE isn’t saying. Nor is it required to.

http://www.factcheck.org/2012/04/warren-ge-pays-no-taxes/





http://www.politifact.com/ohio/stat...rcy-kaptur-says-ge-pays-no-taxes-and-creates/
 
Truth Detector said:
BINGO; but also a brain dead leftist twit of epic proportions.
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You're about as stupid as the Post Modern Fool...which is why he's on IA.

Think, you simpleton, THINK! If an a American based company starts a subsidiary in a foreign nation, and derives profit from that, then that is REVENUE...and revenue is a taxable item on your tax return.

The opening post stands....TFB if the truth hurts your ideology, but then no one said life was easy.
 
Celticguy said:
The thread title says the rich while it should have said some big companies. Sanders named his article aptly why not this ?
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So does this picayune point of yours change the FACTS that corporations, those who profit from them (i.e., owners, CEO's) are NOT paying their fair share as opposed to you and I?
 
Taichiliberal said:
You're about as stupid as the Post Modern Fool...which is why he's on IA.

Think, you simpleton, THINK! If an a American based company starts a subsidiary in a foreign nation, and derives profit from that, then that is REVENUE...and revenue is a taxable item on your tax return.
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therein lies the problem......if the subsidiary in the foreign nation earns revenue, it pays taxes in the foreign nation......unless the foreign subsidiary pays dividends the American company has received no profits or revenues or obligations to pay taxes..........
 
Taichiliberal said:
So does this picayune point of yours change the FACTS that corporations, those who profit from them (i.e., owners, CEO's) are NOT paying their fair share as opposed to you and I?
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Just mind your own business Francis. They aren't bothering you.

Given that the majority of Congress is now millionaires what makes you think they will pass laws intended to hurt themselves?

Are you that willfully naive to think the democrats are looking out for the little guy? How cute.
 
Taichiliberal said:
You're about as stupid as the Post Modern Fool...which is why he's on IA.

Think, you simpleton, THINK! If an a American based company starts a subsidiary in a foreign nation, and derives profit from that, then that is REVENUE...and revenue is a taxable item on your tax return.

The opening post stands....TFB if the truth hurts your ideology, but then no one said life was easy.
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Dear leftist twit; you telling others to think while erupting with such inane stupidity suggests a profound irony.

If an American company starts a subsidiary in a foreign country, the PROFITS derived from that subsidiary are taxed in that country you moron.

Revenue is not taxable income you dumbass; the profit after expenses is.

This is why arguing with low information arrogant twits is such a waste of time; you haven't the first clue of what it is you are erupting about. It's best just to point at idiots like you and laugh.
 
Taichiliberal said:
A clarification...which supports my original post:


We’re not going to weigh in on Warren’s larger point about whether corporations like GE aren’t paying their fair share. That’s up to voters to decide. Again, the company has clearly been aggressive in reducing its tax burden through various tax credits and deductions created by the federal government (one example is clean energy incentives). It also has been creative in moving a good deal of its profits offshore. But Warren overreached with her claim that GE pays “zero” in taxes. The company does pay payroll taxes and local and state taxes. And GE says it also pays federal income taxes. How much? We don’t know, and GE isn’t saying. Nor is it required to.

http://www.factcheck.org/2012/04/warren-ge-pays-no-taxes/

http://www.politifact.com/ohio/stat...rcy-kaptur-says-ge-pays-no-taxes-and-creates/
Click to expand...

Factcheck is a less than credible source that attempts to spin the stupidity that erupts from Liberals.

Yes, you really are THAT fucking clueless.
 
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The Dude said:
Quote Originally Posted by Taichiliberal View Post
ONLY if you're one of the top shareholders/investors....otherwise, the Joe Schmoe's of the investment world sure as hell won't be able to afford the fees to hide their loot offshore.
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I don't think you know much about what makes people rich.
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The first 3 words in your sentence says it all.

There is NOTHING to think about....the FACTS are there and irrefutable.

I do wish folk like you would stop carrying the water for the wealthy, who do NOT want YOU at their private beaches, clubs, communities, etc., but sure as hell want YOU to foot the bill for the use of the commons and infrastructure (i.e., highways, water)
 
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