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posted by CoolHand on Tuesday April 14 2015, @11:11PM   Printer-friendly
from the wish-we-were-in-the-one-percent dept.

Due to completely messed up U.S. tax policies, some even got a rebate check. Only small businesses pay taxes. Big companies often pay nothing at all.

Look at a new report from Citizens for Tax Justice ( http://ctj.org/ctjreports/2015/04/fifteen_of_many_reasons_why_we_need_corporate_tax_reform.php#.VSbihhPF8QY ), a Washington, D.C. group. It finds that some of nation's most famous brands have paid remarkably little to the government over the last five years. In fact, many actually enjoyed a negative tax rate: They received a nice rebate check from the U.S. Treasury.

The 15 giants highlighted by CTJ were chosen to represent a wide range of industries among Fortune 500 companies. They include CBS, Mattel, Prudential, and the California utility PG&E. Together, they paid no federal income tax in 2014, despite profits totaling $23 billion. CTJ's point is that these companies are not anomalies, they are examples.

http://www.fastcoexist.com/3044873/15-companies-that-paid-zero-income-tax-last-year-despite-23-billion-in-profits

 
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  • (Score: 1) by Fauxlosopher on Wednesday April 15 2015, @06:53PM

    by Fauxlosopher (4804) on Wednesday April 15 2015, @06:53PM (#171128) Journal

    I'm sure you don't *want* to buy e.g. a candy bar at a store. If you could take it for free, you would.

    You've made a claim, and now you're being asked to defend that claim. Show your evidence that I opt to steal property I desire from someone rather than pay the seller's price. If you present any evidence, it can be weighed against that which is in my filing cabinet, largely made up of receipts for payment of all manner of goods and services.

  • (Score: 2) by tangomargarine on Wednesday April 15 2015, @07:15PM

    by tangomargarine (667) on Wednesday April 15 2015, @07:15PM (#171148)

    I never said you opted to. Your abuse of the words "force" and "want" caused me to join in on the fun.

    --
    "Is that really true?" "I just spent the last hour telling you to think for yourself! Didn't you hear anything I said?"
    • (Score: 1) by Fauxlosopher on Wednesday April 15 2015, @07:26PM

      by Fauxlosopher (4804) on Wednesday April 15 2015, @07:26PM (#171154) Journal

      Ah, I see now. Yes, that is amusing. Sadly, I am far from perfect. In case your post was intended for more than poking well-deserved fun at the particulars of my syntax:

      The US' "Affordable Care Act" aka Obamacare is now a real-world example of an actual attempt by agents of government to force an undesired service upon unwilling buyers. I may want some sort of insurance against a high-cost personal medical mishap, but I absolutely do not want that particular product, "free" nor otherwise.

      • (Score: 2) by tangomargarine on Thursday April 16 2015, @03:50AM

        by tangomargarine (667) on Thursday April 16 2015, @03:50AM (#171362)

        Hell, the population the U.S. couldn't agree to free blowjobs with a gun pointed at their heads and 3 weeks to argue about it.

        I'm sure there are lots of people who like the ACA. You know...that thing originally implemented by Mitt Romney in Boston or whatever? But now that Obama's doing it, it must be destroyed. You'll have to pardon me if I can't take you seriously when you whip out an argument like that. (And your previous posts are rather frothy, too.)

        --
        "Is that really true?" "I just spent the last hour telling you to think for yourself! Didn't you hear anything I said?"
        • (Score: 1) by Fauxlosopher on Thursday April 16 2015, @04:00AM

          by Fauxlosopher (4804) on Thursday April 16 2015, @04:00AM (#171370) Journal

          Please be clear about what it is I wrote that you see error in.

          As far as decisions forced on populations at gunpoint, I agree that there will always be people unhappy with the decision. The most considerate solution, and the only one allowed to US governments (regardless of who is sitting in the big chair), is to stop trying to force people to do things at gunpoint.