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Comments     Threshold


Why are we mad about companys not paying taxes?
By Dr of crap on 4/30/2012 10:18:08 AM , Rating: 5
Same as GE not paying taxes.
We set up the game, We gave them the loopholes and the deductions, and then when the companys use them to NOT pay as much taxes as we THINK they should we get mad about it.

I know I use ALL deductions possible to not pay taxes.

Do you ever here anybody, or any company, say that they want to pay the govt as much taxes as they can?

I know I use ALL deductions possible to not pay taxes.

LOL yep.

RE: Why are we mad about companys not paying taxes?
By Schrag4 on 4/30/2012 1:16:48 PM , Rating: 1
Yes but they'll only give above and beyond if everyone else is forced to as well. I'm sick and tired of rich liberals whining that they should be paying more. Don't they know that the IRS would gladly accept any more that they pay above their "fair share?"

By Samus on 4/30/2012 2:05:26 PM , Rating: 5
As a S-corp operator, I agree corporate taxes are drafted to be as 'loopholed' as possible.

I especially love the new amendment to s-corps allowing deductible contributions to politicians to be matched 'pre-taxed' with personal contributions up to $10,000 dollars.

Basically I can give $20,000 to a politician and write off $10,000 of it from my personal income taxes, basically screwing the IRS and getting me a small favor from a politician down the road.

Who writes this stuff? Ohh...yeah....

By FITCamaro on 5/1/2012 12:19:41 AM , Rating: 2
No you hear them say they want other people to pay as much in taxes as possible. Some of the biggest liberal Democrats out there are actually tax delinquents and haven't paid their taxes.

By YashBudini on 5/6/2012 12:32:11 AM , Rating: 2
Spiro Agnew comes to mind.

By amanojaku on 4/30/2012 11:42:22 AM , Rating: 5
What do you mean "we"? I didn't get a say in this, or they sure as hell would be paying their fare share of taxes. It's a shame when 20% of federal taxes comes from corporations, but 40% comes from the people's income. I'm willing to bet corporations as a whole make more money than the people, so why do the people pay more? And taxes are slanted in favor of certain types of wealth, wealth that they average person finds it almost impossible to obtain. In fact, even small businesses struggle because they are not able to get the tax exemptions and deductions that multinational corporations get. The more money you have, the easier it becomes to keep it to yourself. It's never been a better time to be rich.

RE: Why are we mad about companys not paying taxes?
By wookie1 on 4/30/2012 12:49:55 PM , Rating: 3
As a thought exercise, consider for a moment where a corporation gets its money..............

Here's a hint, the only source of income for a corporation is to sell something to you and other consumers............

If you have now figured out that YOU are actually paying the taxes because corporations have to price that into the product, and if they're not making money they go out of business, you've finally figured it out. Corporate taxes are another way for the government to tax you more without you realizing it. Just another stealth tax.

RE: Why are we mad about companys not paying taxes?
By Akerans on 4/30/2012 3:01:11 PM , Rating: 5
Using that logic.

Since corporations pay your salary, then corporations are paying your taxes.


By Solandri on 4/30/2012 3:16:44 PM , Rating: 5
Whether the corporation or individual pays taxes is irrelevant. Money is just a representation of productivity. The only sources of productivity in a corporation are individuals. So in the end, all taxes are paid by individuals. Either directly via income taxes, or indirectly via lower wages or higher prices.

What taxing a corporation does is hide the actual tax burden. Instead of knowing 30%-35% of your work goes to pay taxes, you only see taxes of 15%-20%. The remaining 10%-20% gets siphoned off through depressed wages and higher prices. Your anger thus gets deflected at the "evil corporation" instead of at the government. And your ability to decide whether or not a government program is really worth it is impaired.

I don't have a problem with using taxes to promote/ dissuade certain types of behaviors (whether individual like sin taxes, or corporate like a higher capital gains tax on investments less than 1 year). But people have got to stop thinking of this as us vs. them. The global economy is a closed system - shifting taxes to corporations does not magically give individuals more money to spend. If the world's governments take 30% of the world's GDP, the average person is going to be directing 30% of his productivity into the government's coffers regardless of where the taxes fall.

By zozzlhandler on 4/30/2012 8:35:40 PM , Rating: 1
The only sources of productivity in a corporation are individuals.

This is a Marxist idea (and I mean that literally, not as an insult) and it is wrong. Robotics and machinery to not contribute to productivity? They absolutely *do* contribute.

By Reclaimer77 on 4/30/2012 8:40:48 PM , Rating: 2
A corporation built those robots and machines. Hundreds more build the components for said robots and machines. So ummm, yeah, think it over.

By FITCamaro on 5/1/2012 12:24:37 AM , Rating: 2
To build on Reclaimers reply, who runs and oversees those robots? People.

Your statement that individuals being the productive source of a corporation is a Marxist idea is blatantly false. Marxism focuses on the collective, not the individual. The individual is supposed to give up their rights for the good of everyone else. A corporation may be a group of individuals working towards a common goal but no one is there by force. You can quit a job any time you want.

By Just Tom on 5/5/2012 8:51:01 AM , Rating: 2
Actually, believing individuals are the productive source of corporations is Marxist. Read up on Marx's Labor Theory of Value, the concept is pretty simple. It is also completely wrong, but Marx was good at being wrong.

By FITCamaro on 5/1/2012 12:21:21 AM , Rating: 2
BS. You do get a say in who you vote for for your representative and Senators. Part of that whole constitutional republic with a democratically elected Congress thing.

RE: Why are we mad about companys not paying taxes?
By Boze on 4/30/2012 11:59:01 AM , Rating: 3
A tax on a corporation is just an additional tax on everyone in the country, state, parish, county, city, etc. in which that corporation does business.

Corporations are made up of people. If people (corporations) can offset the additional costs of doing business (read: taxes), then they'll do so by increasing the price of their goods or services.

Its pretty amazing that the New York Times' writers don't understand this. Evading taxes allows a company to lower its prices on good, especially if its a competitive marketplace, like say... smartphones and tablets. OR it allows the company to produce better earnings and higher values for shareholders. Both of which are GOOD for the country in which they operate.

Unless, of course, they operate in a highly socialist country where the government is willing to tax the hell out of everything in order to buy the votes of those that are receiving the entitlement checks. After all, if someone's threatening your Lincoln Navigator with 24" rims with repossession, that's something you'd likely want to know about, so you can vote for the candidate / party that says, 'Don't worry, I'll keep the checks coming!'.

RE: Why are we mad about companys not paying taxes?
By wookie1 on 4/30/2012 12:51:11 PM , Rating: 2
The NYT has a narrative to support. Do you really expect anything else?

By FITCamaro on 5/1/2012 12:25:56 AM , Rating: 2
Pretty much. Its the New York Times. They're liberal to the core. Of course they're going to attack corporations. Where's their write up on GE though? Doesn't exist. Why? Because GE is another organization controlled by liberals. One's with close ties to the President.

By chripuck on 4/30/2012 1:11:51 PM , Rating: 3
The problem is the inter-dependency of multiple taxing entities. It's the fact that they are operating outside the spirit of the law that's the issue.

Fact of the matter is I can't say I earned wages in Tennessee (which has no income tax) while living and working in Atlanta. Meanwhile Apple is exactly able to do that.

By RedemptionAD on 5/1/2012 7:21:34 PM , Rating: 2
I now think that since a buiness is made up entirely of people that actually pay tax and a business is an inanimate object, the business itself should pay no tax.

The tax code should be reworked so that unique specialty loopholes are removed for personal taxes, and business owners are taxed at the personal taxes format, not the business one. I can only see about 3 actual excemptions that need to exist, homeowners, children, retirement accounts, a bounus one would be a fit american credit for below 21%/25% M/F Body fat % (which I have some actual science to prove it won't cause mass eating disorders, while giving people a reason to not be extremly unhealthy).

A 20% flat tax should be enacted and the majority of americans will see their taxes fall, while due to an average effective tax for the wealthy of 15-18% theirs will go up, increasing general revenue for the government, while decreasing reasons for businesses to use these crazy loopholes that keep money out of where it is actually owed.

