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!


Sonic the Hedgehog 4 (SONC4) 300 161.51 (-0.39)          Ready or Not 2: Here I Come (RONO2) 10 24.14 (-0.46)          Project Hail Mary (PRJHM) 10 216.06 (-2.78)          Ready or Not 2: Here I Come (RONO2) 150000 24.14 (-0.46)          Project Hail Mary (PRJHM) 148761 216.06 (-2.78)          Ready or Not 2: Here I Come (RONO2) 150000 24.14 (-0.46)          Sonic the Hedgehog 4 (SONC4) 100 161.51 (-0.39)          Project Hail Mary (PRJHM) 150000 216.06 (-2.78)          The Devil Wears Prada 2 (PRAD2) 62231 210.31 (+1.66)          Poetic License (PLICN) 150000 7.63 (+0.27)          Poetic License (PLICN) 150000 7.63 (+0.27)          The Memory Police (TMEMP) 150000 5.06 (+0.17)          The Memory Police (TMEMP) 150000 5.06 (+0.17)          That Time I Got Reincarnated As (TIGR2) 150000 3.15 (+0.02)          That Time I Got Reincarnated As (TIGR2) 150000 3.15 (+0.02)          Varanasi (VARAN) 150000 10.13 (+0.58)          Varanasi (VARAN) 150000 10.13 (+0.58)          Three Incestuous Sisters (3INCS) 150000 13.97 (-0.42)          Three Incestuous Sisters (3INCS) 150000 13.97 (-0.42)          Bad Bridgets (BRDGT) 150000 6.31 (+0.34)          Bad Bridgets (BRDGT) 150000 6.31 (+0.34)          Project Hail Mary (PRJHM) 150000 216.06 (-2.78)          Call of Duty (CODUT) 10000 60.00 (0.00)          Call of Duty (CODUT) 10000 60.00 (0.00)          Project Hail Mary (PRJHM) 150000 216.06 (-2.78)          Project Hail Mary (PRJHM) 150000 216.06 (-2.78)          Project Hail Mary (PRJHM) 150000 216.06 (-2.78)          Call of Duty (CODUT) 150000 60.00 (0.00)          Call of Duty (CODUT) 150000 60.00 (0.00)          Call of Duty (CODUT) 150000 60.00 (0.00)          Dynamic Duo (DYDUO) 150000 92.99 (-2.95)          Fruitcake (FRUTC) 150000 0.02 (-0.01)          Heart Eyes 2 (HRTE2) 150000 18.92 (-1.33)          Zealot (ZELOT) 62273 1.58 (-0.05)          Call of Duty (CODUT) 150000 60.00 (0.00)          Planet of the Apes sequel (APES5) 150000 53.16 (+0.15)          Mina Harker aka Dracula - Blumho (DRACU) 100000 0.27 (-0.02)          Call of Duty (CODUT) 150000 60.00 (0.00)          Top Gun 3 (TOPG3) 9728 217.70 (-1.47)          Heat 2 (HEAT2) 15000 58.27 (+0.11)          Project Hail Mary (PRJHM) 10000 216.06 (-2.78)