Forum Post: Very interesting. Source: CBS News, Nov 3, 2011
Posted 13 years ago on Nov. 3, 2011, 8:35 a.m. EST by Frank54
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Corporations are already enjoying the utopia that the right wing and the "unbridled free market" advocates extol. Look around, how is it working out? This article is from cbsnews.com this morning
(CBS News) Advocates for reducing U.S. corporate tax rates argue that lower corporate rates charged in other countries impede American competitiveness. Yet a new study finds that many of the nation's top companies are already paying less in U.S. taxes on their pretax profits than they do overseas.
In a study comprising more than half of the Fortune 500 list of the largest U.S. corporations, a quarter of those examined paid little or nothing in federal income taxes during the 2008-2010 period, despite registering profits in all three years.
they want to take every f@#@# dime and pay nothing. Boehner, McConnel and Ryan will continue the lie and uninformed Americans will listen to them and stick on another God Bless America bumper sticker. Here is the full link which you didnt post: http://www.cbsnews.com/8301-201_162-20129155/study-many-fortune-500-cos-paid-$0-taxes/?tag=stack
they want to take every f@#@# dime and pay nothing. Boehner, McConnel and Ryan will continue the lie and uninformed Americans will listen to them and stick on another God Bless America bumper sticker. Here is the full link which you didnt post: http://www.cbsnews.com/8301-201_162-20129155/study-many-fortune-500-cos-paid-$0-taxes/?tag=stack
and they are blaming teachers for income inequlaity now. This is a bogus arguement