HSX Forum

TVStocks, MusicStocks and Life

How do you feel about the largest corporations in the USA not paying any tax at all? Zip. Zero. Zilch. {nm}

Posted by: BSmurf on Apr 16, 17:17 in response to forlorne's post I get it, I wasn't making any point about...

"Face It: You (Probably) Got a Tax Cut". The Tax Policy Center estimates 65% of people paid less under the law, 6% paid more, 29%-no change PhoneHome Apr 15, 06:20

just finished taxes. total owed between fed and state: $586 OUCH {nm} islndr Apr 15, 07:01

between that and the miniscule extra i got weekly, it was a wash {nm} islndr Apr 15, 07:02

Had to pay for the first time in many many years ($3000)...ouch {nm} YouDontKnow Apr 15, 09:01

Ouch indeed. Something's not set up right. Be sure to adjust the amount being withheld from your check to avoid a repeat this year. {nm} PhoneHome Apr 15, 09:47

what's the expression?...moving furniture around? {nm} tealfan Apr 15, 09:56

"Rearranging the deck chairs on the Titanic." {nm} DTravel Apr 15, 12:58

that sweet $1.50 a week professor zovek Apr 15, 13:45

I paid less but I had to go to an accountant to figure out where to deduct my work expenses and I moved to a state Moviesnob Apr 15, 13:54

Sounds like Texas, Florida, or Nevada. {nm} PhoneHome Apr 15, 20:02

stars at night... {nm} Moviesnob Apr 15, 20:25

So you were in the 29% break even and not in the majority. Sucks to be you. {nm} PhoneHome Apr 15, 20:01

on average, Jamie Dimon and I are saving a couple billion a year between the two of us. score! {nm} professor zovek Apr 15, 22:41

44% pay no federal income taxes at all {nm} forlorne Apr 16, 07:36

Because they don't earn enough money. RogerMore Apr 16, 11:03

I get it, I wasn't making any point about "mooching", just that if you don't pay any taxes, you can't get a lower forlorne Apr 16, 14:02

How do you feel about the largest corporations in the USA not paying any tax at all? Zip. Zero. Zilch. BSmurf Apr 16, 17:17

Corporations do not pay tax, it is just another hidden tax on whoever uses their products. Passed on as a cost of doing business. {nm} forlorne Apr 17, 06:19

Exactly! If their tax goes up, their price goes up. Then you pay the tax. When their tax goes down, your 401k goes up, economy benefits. {nm} PhoneHome Apr 17, 08:44

record corportate profits and multimillion dollar ceos, yet cant pay a liveable wage. and you know most americans dont have a 401k islndr Apr 17, 09:12

Wages are based on supply and demand. If there is a line of people that can and want to do what you do, wages forlorne Apr 17, 12:09

False information. Corporations do pay "living wages" and most working Americans do have 401k's or other retirement plans. {nm} PhoneHome Apr 17, 12:57

"only 32% of Americans are saving for retirement in a 401(k)" (and that includes miniscule amounts too) islndr Apr 17, 13:24

1-what are we to do about people not saving for the future? The huge majority COULD save something, and the sooner they start the less it forlorne Apr 17, 13:37

People on low incomes do save, but they save for problems like emergency medical care, or car repair, or money to get them through when they RogerMore Apr 17, 16:57

Only 21% have no retirement savings. Your sources must be the propaganda rags. PhoneHome Apr 17, 20:39

It gets passed on, but not necessarily to consumers. No one actually knows for sure where the burden of corporate tax falls in practice. RogerMore Apr 17, 09:07

Not on CEO salaries. corporate taxes are yet another scam to convince people someone else is paying. {nm} forlorne Apr 17, 12:10

Nah, there are a bunch of good reasons for corporate taxes, you're just choosing to ignore them. {nm} RogerMore Apr 17, 17:07

Examples? {nm} forlorne Apr 18, 07:02

"If there weren't, every individual who could would corporatise themselves for tax minimization purposes." RogerMore Apr 18, 09:35





Post a Reply

To post to the forums you must first login!


Madden (MADEN) 149999 30.63 (+4.71)          East Bay (EASTB) 150000 1.00 (0.00)          Separate Rooms (SEPRM) 150000 6.00 (0.00)          Civil War (CVLWR) 10 60.52 (+1.16)          Civil War (CVLWR) 10 60.52 (+1.16)          Lips Like Sugar (LIPLS) 2 12.00 (+1.06)          Lips Like Sugar (LIPLS) 2 12.00 (+1.06)          In a Violent Nature (IAVNT) 3 3.78 (-0.08)          In a Violent Nature (IAVNT) 3 3.78 (-0.08)          The Return (TRETU) 3 3.28 (-0.09)          The Return (TRETU) 3 3.28 (-0.09)          MaXXXine (XTW3) 3 9.91 (-0.09)          MaXXXine (XTW3) 3 9.91 (-0.09)          The Life of Chuck (LCHUC) 150000 23.53 (-0.10)          The Life of Chuck (LCHUC) 2 23.53 (-0.10)          Blue Lock The Movie - Episode Na (BLULK) 3 13.35 (-0.15)          Blue Lock The Movie - Episode Na (BLULK) 3 13.35 (-0.15)          Oceans aka Ocean's Prequel (OCEN5) 1 51.25 (-0.20)          Oceans aka Ocean's Prequel (OCEN5) 1 51.25 (-0.20)          Flight Risk (FLTRS) 2 24.39 (-0.17)          Flight Risk (FLTRS) 2 24.39 (-0.17)          The Conjuring: Last Rites (CNJU4) 1 38.97 (-0.18)          The Conjuring: Last Rites (CNJU4) 1 38.97 (-0.18)          Kiss of the Spider Woman (KOTSW) 2 24.37 (-0.19)          Kiss of the Spider Woman (KOTSW) 2 24.37 (-0.19)          East Bay (EASTB) 150000 1.00 (0.00)          The Smashing Machine (SMACH) 1 18.20 (-0.23)          The Smashing Machine (SMACH) 1 18.20 (-0.23)          The Exorcism (TGTWP) 3 1.57 (-0.24)          The Exorcism (TGTWP) 3 1.57 (-0.24)          Separate Rooms (SEPRM) 150000 6.00 (0.00)          Passion of the Christ 2: The Res (RESUR) 1 31.98 (-0.25)          Passion of the Christ 2: The Res (RESUR) 1 31.98 (-0.25)          A Complete Unknown aka Going Ele (GOELC) 2 16.08 (-0.29)          A Complete Unknown aka Going Ele (GOELC) 2 16.08 (-0.29)          The Forge (TFORG) 3 17.68 (-0.29)          The Forge (TFORG) 3 17.68 (-0.29)          The Kingsman 3 (KTSS4) 150000 18.44 (-0.29)          The Kingsman 3 (KTSS4) 1 18.44 (-0.29)          Longlegs (LNLEG) 3 9.52 (-0.34)          Longlegs (LNLEG) 3 9.52 (-0.34)          Elio (ELIO) 3 115.82 (-0.42)          Elio (ELIO) 3 115.82 (-0.42)          Doctor Strange 3 (DRST3) 1 132.87 (+0.66)          Doctor Strange 3 (DRST3) 1 132.87 (+0.66)          Kingdom of the Planet of the Ape (APES4) 3 134.86 (+2.68)          Kingdom of the Planet of the Ape (APES4) 3 134.86 (+2.68)          Mission: Impossible 8 (MISS8) 3 153.83 (-0.22)          Mission: Impossible 8 (MISS8) 3 153.83 (-0.22)          Furiosa: A Mad Max Saga (MMAX5) 3 155.88 (-1.34)