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Forum Post: Huge Corporatins who don't want to pay their taxes

Posted 13 years ago on Nov. 14, 2011, 12:02 a.m. EST by NortonSound (176)
This content is user submitted and not an official statement

Huge Corporatins who don't want to pay their taxes are sharpening their axes, They want to hack away at this country Their feeble little arms, are playing with a sharp and dangerous tool, That is why their wounds are so often self inflicted. Spending more on ranting Than if they just paid Uncle Sam His Dues, Spending more on outsourcing Than hiring Americans who actually buy their products and services. If they love doing business in far away lands, and if they just can't make it here, then we should wish them well, and say Good-Bye!

6 Comments

6 Comments


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[-] 2 points by looselyhuman (3117) 13 years ago

Good Bye! Adios! Farewell! Arrivaderci! So Long! Bon Voyage!

But freeze their assets and accounts first. :o)

[-] 2 points by gnomunny (6819) from St Louis, MO 13 years ago

You forgot ciao. And au revoir. Oh, and aloha. ;-)

[-] 0 points by economicallydiscardedcitizen (761) 13 years ago

Try corporations that pay '0' or negative '0' taxes. Don't believe me? Check these out:

http://www.ctj.org/corporatetaxdodgers/CorporateTaxDodgersReport.pdf

30 Corporations Paying No Total Income Tax in 2008-2010

Company ($-millions) 08-10 Profit 08-10 Tax 08-10 Rate

Pepco Holdings $ 882 $ –508 –57.6%

General Electric 10,460 –4,737 –45.3%

Paccar 365 –112 –30.5%

PG&E Corp. 4,855 –1,027 –21.2%

Computer Sciences 1,666 –305 –18.3%

NiSource 1,385 –227 –16.4%

CenterPoint Energy 1,931 –284 –14.7%

Tenet Healthcare 415 –48 –11.6%

Atmos Energy 897 –104 –11.6%

Integrys Energy Group 818 –92 –11.3%

American Electric Power 5,899 –545 –9.2%

Con-way 286 –26 –9.1%

Ryder System 627 –46 –7.3%

Baxter International 926 –66 –7.1%

Wisconsin Energy 1,725 –85 –4.9%

Duke Energy 5,475 –216 –3.9%

DuPont 2,124 –72 –3.4%

Consolidated Edison 4,263 –127 –3.0%

Verizon Communications 32,518 –951 –2.9%

Interpublic Group 571 –15 –2.6%

CMS Energy 1,292 –29 –2.2%

NextEra Energy 6,403 –139 –2.2%

Navistar International 896 –18 –2.0%

Boeing 9,735 –178 –1.8%

Wells Fargo 49,370 –681 –1.4%

El Paso 4,105 –41 –1.0%

Mattel 1,020 –9 –0.9%

Honeywell International 4,903 –34 –0.7%

DTE Energy 2,551 –17 –0.7%

Corning 1,977 –4 –0.2%

TOTAL $ 160,341 $ –10,742 –6.7%

http://www.ctj.org/corporatetaxdodgers/CorporateTaxDodgersReport.pdf

http://ctj.org/ctjinthenews/2011/11/new_york_times_biggest_public_firms_paid_little_us_tax_study_says.php

[-] 1 points by NortonSound (176) 13 years ago

You are awesome! Nothing ventured nothing gained, Also my favorite, Supply and demand, kill demand, and you won't be supplying for too much longer, these corporations are so short-sighted that they will be selling to themselves pretty soon.

[-] -1 points by RexDiamond (585) from Idabel, OK 13 years ago

wow, the complete ignorance of corporate tax continues. The only ones not wanting to pay taxes are the corporations Obama gave a pass - Like GE.

[-] 2 points by NortonSound (176) 13 years ago

Oh then problem solved