Today is tax day, a fine time to see how the big guys (don't) pay their taxes:



If you ever wondered who our politicians work for, this list pretty much sums it up.

Chris
Tags:

From: [identity profile] mckitterick.livejournal.com


Excellent point, D. I thought the same thing, myself. At the very minimum, we know that those companies getting tax breaks for sending jobs overseas should NOT be getting those breaks, and places like Exxon Mobil didn't pay at all.

From: [identity profile] rougewench.livejournal.com


I'm absolutely for the closure of corporate loopholes, and the eradication of certain forms of tax breaks, when those tax breaks are not actually bringing the intended results.

But I've never felt that demonizing "corporations" for simply being corporations, or doing what the law, in fact allows them, is a particularly productive stance.

A tremendous number of small businesses are incorporated (or are some other form of business organization), but there are those who would tar and feather all such organizations.

But then I get crazy listening to people demonize TIF financing who don't actually understand at all how it actually works.


D.

From: [identity profile] rougewench.livejournal.com


And I looked it up. Corporations that will owe taxes estimate their tax burden and file quarterly returns. Hence, not a surprise that some would be entitled to refunds.


D.
.

Most Popular Tags

Powered by Dreamwidth Studios

Style Credit

Expand Cut Tags

No cut tags