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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: learningtofly]
#14094805 - 03/09/11 08:28 PM (12 years, 10 months ago) |
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learningtofly said:
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Prisoner#1 said:
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learningtofly said: Please, some of them don't pay ANY taxes and barely bring in any jobs at all.
tell me exactly what jobs they're bringing in.
which corporations are paying absolutely no taxes?
Bank of America, Citigroup, Wellsfargo, Boing to name a few.
and we have verified this by the ever liberal dailykos or by posting up their corporate tax returns?
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: learningtofly]
#14094823 - 03/09/11 08:32 PM (12 years, 10 months ago) |
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learningtofly said: Senator Chris Larson
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SEN. LARSON: It’s already passed. They didn’t give the public a chance to do anything about it.
the union had to agree, the public isnt involved in this voting, the democrats fled the state to avoid the vote... talk about signing their political death warrant with some childish behavior
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adrug

Registered: 02/04/03
Posts: 15,800
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: Prisoner#1]
#14094979 - 03/09/11 09:08 PM (12 years, 10 months ago) |
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Prisoner#1 said:
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learningtofly said:
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Prisoner#1 said:
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learningtofly said: Please, some of them don't pay ANY taxes and barely bring in any jobs at all.
tell me exactly what jobs they're bringing in.
which corporations are paying absolutely no taxes?
Bank of America, Citigroup, Wellsfargo, Boing to name a few.
and we have verified this by the ever liberal dailykos or by posting up their corporate tax returns?
http://www.forbes.com/2010/04/01/ge-exxon-walmart-business-washington-corporate-taxes.html
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The most egregious example is General Electric ( GE - news - people ). Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.
I suppose that you're going to tell us that Forbes has a liberal bent also?
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adrug

Registered: 02/04/03
Posts: 15,800
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: Prisoner#1]
#14095023 - 03/09/11 09:16 PM (12 years, 10 months ago) |
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Prisoner#1 said:
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learningtofly said:
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Prisoner#1 said:
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learningtofly said: Please, some of them don't pay ANY taxes and barely bring in any jobs at all.
tell me exactly what jobs they're bringing in.
which corporations are paying absolutely no taxes?
Bank of America, Citigroup, Wellsfargo, Boing to name a few.
and we have verified this by the ever liberal dailykos or by posting up their corporate tax returns?
http://blogs.wsj.com/independentstreet/2008/08/19/study-lots-of-small-companies-not-paying-income-taxes/
Here's another "liberal" website talking about how many SMALL businesses don't pay any income tax either (article from 2008).
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A Government Accountability Office study, which relied on corporate income tax data from the Internal Revenue Service, found that 72% of all foreign corporations and 55% of all U.S. corporations paid no federal income taxes in at least one year between 1998 and 2005. During that same time period, 57% of foreign corporations and 42% of U.S. corporations paid no federal income taxes for two or more years, the GAO found.
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adrug

Registered: 02/04/03
Posts: 15,800
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: adrug]
#14095057 - 03/09/11 09:22 PM (12 years, 10 months ago) |
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: adrug]
#14095066 - 03/09/11 09:24 PM (12 years, 10 months ago) |
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adrug said: http://www.forbes.com/2010/04/01/ge-exxon-walmart-business-washington-corporate-taxes.html
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The most egregious example is General Electric ( GE - news - people ). Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.
I suppose that you're going to tell us that Forbes has a liberal bent also?
no but you're certainly going to post the slanty bits, seems that if a company makes no money in the US they dont pay US taxes, Hmmmm, seems some are eligible for bailout funds as well even though they made billions overseas
http://money.cnn.com/2010/04/16/news/companies/ge_7000_tax_returns/
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GE had plenty of earnings last year -- just not in the United States. For tax purposes, the company's U.S. operations lost $408 million, while its international businesses netted a $10.8 billion profit.
GE isn't the only "Top 5" company on this year's Fortune 500 list that owed no income taxes. Bank of America (BAC, Fortune 500), which suffered major losses in 2009, included a tax benefit of $1.9 billion in its annual profit.
"That's one way of escaping taxes," said Scott Hodge, president of the Tax Foundation. "Companies get to deduct their losses, so if there's no earnings, then they pay no income tax."
But GE isn't exactly escaping all tax-related pain: The company paid almost $23 billion in taxes to governments around the world from 2000 to 2009, Eisele said.
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adrug

Registered: 02/04/03
Posts: 15,800
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: Prisoner#1]
#14095094 - 03/09/11 09:30 PM (12 years, 10 months ago) |
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Prisoner#1 said:
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adrug said: http://www.forbes.com/2010/04/01/ge-exxon-walmart-business-washington-corporate-taxes.html
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The most egregious example is General Electric ( GE - news - people ). Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.
I suppose that you're going to tell us that Forbes has a liberal bent also?
no but you're certainly going to post the slanty bits, seems that if a company makes no money in the US they dont pay US taxes, Hmmmm, seems some are eligible for bailout funds as well even though they made billions overseas
http://money.cnn.com/2010/04/16/news/companies/ge_7000_tax_returns/
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GE had plenty of earnings last year -- just not in the United States. For tax purposes, the company's U.S. operations lost $408 million, while its international businesses netted a $10.8 billion profit.
GE isn't the only "Top 5" company on this year's Fortune 500 list that owed no income taxes. Bank of America (BAC, Fortune 500), which suffered major losses in 2009, included a tax benefit of $1.9 billion in its annual profit.
"That's one way of escaping taxes," said Scott Hodge, president of the Tax Foundation. "Companies get to deduct their losses, so if there's no earnings, then they pay no income tax."
But GE isn't exactly escaping all tax-related pain: The company paid almost $23 billion in taxes to governments around the world from 2000 to 2009, Eisele said.
Corporations purposefully set up tax shelters and overseas divisions in countries with lower corporate tax rates for the purposes of avoiding paying taxes in the US.
I don't see how you can deny the fuckeduped-ness of GE being owed a billion dollars by the government rather than paying any taxes. They have operations in this country, why shouldn't they pay any taxes?
For the life of me, I will never understand why so many middle/lower class people defend the super rich with all their might. Is it because you think you might have a shot at becoming a billionaire someday? Keep dreaming, pris.
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biff
Boom



Registered: 06/23/09
Posts: 1,860
Loc: america
Last seen: 13 days, 18 hours
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: adrug]
#14095108 - 03/09/11 09:33 PM (12 years, 10 months ago) |
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I will never understand why so many middle/lower class people defend the super rich with all their might.
That's all I have to say about that.
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: adrug]
#14095170 - 03/09/11 09:44 PM (12 years, 10 months ago) |
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adrug said: Corporations purposefully set up tax shelters and overseas divisions in countries with lower corporate tax rates for the purposes of avoiding paying taxes in the US.
absolutely they do and it's all perfectly legal under the tax code because the way it works, if you dont earn anything in the US you have no tax liability, the same goes for individuals... if you're not liking the system then do all you can to change it but dont bitch when it back fires and bites you in the ass
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I don't see how you can deny the fuckeduped-ness of GE being owed a billion dollars by the government rather than paying any taxes. They have operations in this country, why shouldn't they pay any taxes?
while I dont believe in getting more back than is paid in, it also happens on the individual level as well, so this isnt just for the corporations, it also works for us, in fact the vast majority of us receive more back in taxes than we paid in through our checks and instead of paying a little in taxes, we pay no taxes and still get a little extra, instead of $800 like you and I would recieve, they get billions, sure it's not fair but hey, I'm not dealing with billions in revenues on my personal income
if a business hasnt made a profit in their US operations should they be required to pay, if you dont make anything this year, should you be required to pay anyway?
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Jesus fucking christ, Walker just stripped workers of their collective bargaining rights [Re: biff]
#14095227 - 03/09/11 09:54 PM (12 years, 10 months ago) |
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biff said:
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I will never understand why so many middle/lower class people defend the super rich with all their might.
That's all I have to say about that.
I dot understand people that feel they're entitled to things differently than everyone else
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