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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.
(Score: 2) by tangomargarine on Thursday April 16 2015, @03:54AM
Congratulations. You can construct an argument relying on a crazy edge case that makes up .1% of the population. If a hermit is the only counterargument you can come up with I guess we've won this debate.
And as previously mentioned above, a better-educated population benefits everyone (except the rulers).
"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 tftp on Thursday April 16 2015, @04:16AM
Congratulations. You can construct an argument relying on a crazy edge case that makes up .1% of the population
*/me shrugs his own shoulders* This is a typical proof by counterexample [wikibooks.org]. It does not matter how many farmers are hermits, because all those that are will be injured by this taxation. My point is that it's not necessary to paint the population with a wide brush anymore, as modern computers can easily manage individual subscriptions to government services (that are paid for by yearly contributions that we call taxes.) Those services that do not gather enough subscribers should be abolished altogether, as the vox populi is the final arbiter.