even though corporations have "personhood" they are not required to pay *income* taxes
moondog Send a noteboard - 02/03/2011 02:09:40 AM
although you can make the case they don't pay their fair share, they really aren't responsible for paying *income* taxes much at all. not like the individuals who work for those companies at any rate...
"The RIAA has shown a certain disregard for the creative people of the industry in their eagerness to protect the revenues of the record companies." -- Frank Zappa
"That's the trouble with political jokes in this country... they get elected!" -- Dave Lippman
"That's the trouble with political jokes in this country... they get elected!" -- Dave Lippman
You Have More Money In Your Wallet Than Bank Of America Pays In Federal Taxes
- 02/03/2011 12:55:30 AM
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The obvious solution is to lower corporate income taxes and expand corporate welfare. 
- 02/03/2011 01:30:46 AM
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- 02/03/2011 01:30:46 AM
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Presumably, the CEO's paid income tax on the compensation they receive.
- 02/03/2011 01:42:55 AM
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So the corporations are effectively compensated through their constituent employees?
- 02/03/2011 02:33:15 AM
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I think it's a great idea because it eliminates the notion of non-person entities as quasi-citizens. *NM*
- 02/03/2011 01:52:39 PM
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even though corporations have "personhood" they are not required to pay *income* taxes
- 02/03/2011 02:09:40 AM
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Re: You Have More Money In Your Wallet Than Bank Of America Pays In Federal Taxes
- 02/03/2011 02:33:54 AM
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I would be far more irritated if these companies' executives didn't pay taxes, either.
- 02/03/2011 02:34:46 AM
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This. Its to bad you don't skype chat. I was just dicussing this with Luke and Dan *NM*
- 02/03/2011 02:56:04 AM
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If a company doesn't make a profit, what exactly can you tax them on? *NM*
- 02/03/2011 08:31:36 AM
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