Corporation ain't a person, it's a machine. Tax the money when it goes into the corporation and when it comes out of the corporation, and stop trying to stick our fingers in the gears.
I am 100% for tariffs. You want to do business in the US.... PAY!
All of these people pay income tax, sales tax, Local, State, and Federal, and spend money in the local communities, and an employer they have to pat their portion of the employees total withholding for Medicare for example, all this adds up and is helping in ways that are never considered when that case is made that they are rich and need to be hit and hit hard with more taxes.
For the money. :dohExactly. Corporations aren't rich. They're nothing more than big stacks of money, owned by anyone who even so much as fancies himself middle class in this country.
Property doesn't pay taxes. You can tax property all you want, but it's always people who actually pay. We already tax the money when it goes in, and tax the money when it comes back out-- so why are we taxing the process itself?
GE employs a total of 287,000 people world wide, with 133,000 employees here in the US with $70.5B in revenues.
All of these people pay income tax, sales tax, Local, State, and Federal, and spend money in the local communities, and an employer they have to pat their portion of the employees total withholding for Medicare for example, all this adds up and is helping in ways that are never considered when that case is made that they are rich and need to be hit and hit hard with more taxes.
So if we pile on does it cost jobs and reduce the taxes paid by all those who are laid off.
I say leave them alone and I think it's a no brainers because profit makes growth possible.
Ummmm..... no. A corporation is treated like a person on a legal basis. For them to NOT pay taxes is VERY criminal to me and those responsible should be in jail.
Corporation ain't a person, it's a machine. Tax the money when it goes into the corporation and when it comes out of the corporation, and stop trying to stick our fingers in the gears.
They followed the law and should not be punished. And, the law is what the US voters have selected indirectly; they are allowed to be stupid.GE paid taxes.
PolitiFact Ohio | Rep. Marcy Kaptur says G.E. pays no taxes and creates no jobs but makes record profits
Try again.
Furthermore, it makes no sense for the Federal government to tax worldwide income that cannot be sourced to any real material behavior or goods in America. So if GE lost the bank in the US but made lots overseas, it should not have to pay US federal corporate income tax.
For the money. :doh
You're kidding... aren't you?Sure. But if all we want is the money, then why aren't we obtaining it as efficiently as possible?
GE should be out of business. They do nothing for the people who need energy. They overbill and steal so they can have their mansions all over the world and their fine wine. plus, all the dick lickers they can find.
GE and other USA corporations are so easy to demonize it would be malpractice for politicians to not have a go at them.
And the dumbmasses are so easily fooled.Oh, sure. But that requires regulation. The thing is, a corporation is not a thing that can pay taxes; it is a thing that people pay taxes for. We already tax all of the money that comes out of the corporation, whether in wages or profits, and we already tax all of the money that goes in to the corporation. Trying to tax the money while it's still inside the corporation accomplishes the same results as increasing those taxes individually, except that it is more complicated and thus less efficient.
It's the ultimate in "feel good" legislation that does more harm than good.
Most of you have probably heard about GE not paying any taxes in '09 (and even getting tax money back) due to clever loophole manipulation. Vote what you think of this.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?