Comments on: Most Companies Pay No Federal Income Tax

GAO Study Also Finds 68% Of Foreign Companies In U.S. Avoid Corporate Taxes

[bigwhtpony]

I''m voting Democrat because I believe the government will do a better job of spending the money I earn than I would.

[babooph]

Go easy on the corporations they have large costs hiring lobbyists to bribe"journalists & politicians " for those perks!!You must spend $ to make $!

[hologram5]

If you do business here, then you pay taxes here. Plain and simple. Cut the fat and make all pay taxes on what they make, from the top down. I pay taxes on my wage, by the way was middle class at one time, which the Republican party destroyed, why shouldn''t they?

[nothappyatall]

"It''s shameful that so many corporations make big profits and pay nothing to support our country," said Sen. Byron Dorgan, D-N.D."

Oh yeah RIGHT! what does this idiot call PAYROLL TAX, state and local tax, inventory tax, real estate tax, corporate tax, and all the rest of the taxes businesses pay??? Let''s not forget the owners of the the business pay PERSONAL INCOME tax on top of all that.


"Half of all business income in the United States now ends up going through the individual tax code," Edwards said"

LOL what an idiot, that''s because probably if he checked he would find about that number of businesses are SMALL BUSINESSES- mom and pop operations not big enough to own a corporate headquarters or hire 30 employees, they may be working from their home office or have a tiny store- they pay INCOME tax.

[danito123]

No income tax? Is that the empitomy of insult, or what? Thats probably why they pay their CEO''s millions in salary and just as much for their retirement. Bend over America! Just one more way we the people are getting -------!

[babooph]

The "democracy scam" voters are represented -WHAT ***-where does the corporation vote???!!!Voters are better off bribing with lobbyists THEN MAYBE THEY CAN PAY NO TAX!!!

[mytoosense]

"We don''t pay taxes. Only the little people pay taxes ..."
Leona Helmsley

[limbmz]

Dear curse914,

Do you work for free? Why should my husband? He owns his own business (a corporation). How are we supposed to pay our bills if we simply break even? Folks have businesses to make a living. They happen to employ people too, so they can make a living. We pay 38% tax! Now the democrats want to tax my retirement money, too! I am sacrificing to save part of my income and invest in for my future and for my family. I suggest you do the same.

[rudy654-2009]

"Half of all business income in the United States now ends up going through the individual tax code," Edwards said.

The GAO study did not investigate why corporations weren''t paying federal income taxes or corporate taxes and it did not identify any corporations by name. It said companies may escape paying such taxes due to operating losses or because of tax credits.
********

So much for the idiots who claim that corporations pay 95 percent of all taxes.

[bigwhtpony]

Posted by curse914 at 08:42 AM : Aug 12, 2008

Look assclown....why don''t you read the rest of the story? Most corporations they are referring to are Sub S or LLC''s who pay taxes PERSONALLY!

So go change your diaper and quit whining.

[tootall10142]

If you are wondering where your mommas social security is going to be in five years? Call your local congressman and ask, vote the head turning sobs out into the streets.Many of the folks on capitol hill are invested in these cpmpanies upto YOUR eyeballs and really dont care.

[bigwhtpony]

I''m voting Democrat because I believe that business should not be allowed to make profits for themselves. They need to break even and give the rest away to the government for redistribution as THEY see fit.

[jmurrieta1]

And John McCain wants to give them an even bigger tax break.

While he supports putting a trillion dollar war in Iraq on a credit card for our kids and grandkids to pay.

This is the party of "fiscal conservatism"?

The Repugs are only conservative when it''s about payments to help other people.

When it''s government payments to help themselves, they are very generous--with our money.

[Gary Kempf]

(AP) Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress

THis is pure ***! IT is time to start stringing up these ***-holes!!!!!