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We paid Income taxes, why didn't Verizon?

  1. Moderndayslave profile image59
    Moderndayslaveposted 5 years ago

    Verizon reported $24.2 billion in pre-tax income for 2009 and 2010, yet paid $0 in federal income tax. In addition,Verizon actually claimed a refund of $1.3 billion,earning it a place on what the Washington Times calls the "Tax Evaders" wall of shame. What is really incredible is that Verizon's actions are perfectly legal.The company is exploiting tax loopholes to get the maximum reward. Now Verizon want's cut their unionized workers compensation package,for that the workers have went on strike.They claim non-union competition,if Verizon couldn't compete unionized,how did they get so big and profitable? Why do workers need to give concessions to profitable companies? When will unbridled greed be looked down upon? Why do we allow this "Race to the Bottom"? We can thank uncle Ronnie for the first shot.

  2. Quilligrapher profile image89
    Quilligrapherposted 5 years ago

    This link doesn't work for me.  Is it broken?

    1. Moderndayslave profile image59
      Moderndayslaveposted 5 years ago in reply to this

      Yes it's broken

  3. wilderness profile image96
    wildernessposted 5 years ago

    They're not alone - GE does the same thing.  From the NY Times:

    http://www.nytimes.com/2011/03/25/busin … wanted=all

    1. Stacie L profile image89
      Stacie Lposted 5 years ago in reply to this

      they didn't pay taxes..but paid contributions to their political appointees in congress...