Should we be mad? GE made 14.2 billion in profit last year and paid no federal taxes.
Hell ya! I know that I am mad! I have been following these corporate thieves for years-there are many out there besides GE! I was first exposed to "Corporate Welfare" when I took a Sociology class in college some years back. It is amazing all the tax loopholes these guys get. It's really sad there there is so much money involved and there are still kids out there in this country that can't eat 3 meals a day. I'm gonna stop now cause I might not stop!
JSMatthew~
Yes a bunch of us need to get mad. We need to start voting for representatives who represent us not the corporations.
Yes, of course we should be mad. I made $13,000 last year and I paid more taxes than GE and almost every other Fortune 500 companies that are only Fortune 500 companies because I buy their products and services.
But what makes me even more irate is that hospitals pay no taxes, but medical costs go up faster than any other service. There is no basis for the inflated costs other than to pay the overpayed doctors (and lawyers). If I have to pay taxes on the money I earn, then EVERYBODY should have to. No exceptions.
What is your source on this? I only ask so that I can form an accurate opinion on the subject instead of allowing sensationalist media and misconstrued facts to lead my thoughts.
by JOC 8 hours ago
This article tended to resonate with how the left and the right view the issue.https://www.nytimes.com/2019/02/07/opin … union.html
by SparklingJewel 8 years ago
I truly want to know if these are valid reasons...or are they perspective on what "could" happen, or just totally absurd possibilities. If you have proof to validate or deny these reasonings, I genuinely would like to hear them?Here are just some of them, from a conservatives view: ...
by Alternative Prime 14 months ago
Where's Marco Rubio HIDING? WHY Is He Betraying Voters By Supporting GOP's "CEO Welfare Tax SCAM"?Trump's/GOP's Despicably ABOMINABLE "Corporate Tax Cuts SCAM" will add 1. 5 TRILLION to OUR Deficit, money which Middle Class Workers will need to REPLACE via HIGHER Taxes, it will...
by OLYHOOCH 6 years ago
Have you noticed, your Social Security check is now referred to as a "federal benefit payment"? I'll be part of the one percent, to forward this, our government gets away with way too much in all areas of our lives, while they live lavishly on their grossly overpaid incomes! KEEP passing...
by Doug Hughes 8 years ago
Think about it. The National Debt as a percent of the GDP (Gross Domestic Product) under FDR went from 50% of GDP to 120% of GDP. Where did the money come from? We are currently financing the deficit by borrowing from China (mostly). The US didn't borrow the money it spent on WWII, unless you...
by pgrundy 9 years ago
Here's the news link:http://dealbook.blogs.nytimes.com/2009/ … n-quarter/BTW today is Bastille Day. Anyone up for dropping by Goldman Sachs just to say hey?Happy Bastille Day Goldman Sachs!
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