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Wed Feb 27, 2013, 08:23 AM

Wanna fix the debt? Here's an idea.

11 replies, 1658 views

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Reply Wanna fix the debt? Here's an idea. (Original post)
Scuba Feb 2013 OP
global1 Feb 2013 #1
Scuba Feb 2013 #3
badtoworse Feb 2013 #2
Sherman A1 Feb 2013 #4
Zax2me Feb 2013 #5
Maineman Feb 2013 #6
mountain grammy Feb 2013 #7
tk2kewl Feb 2013 #8
bhikkhu Feb 2013 #9
badtoworse Feb 2013 #10
jwirr Feb 2013 #11

Response to Scuba (Original post)

Wed Feb 27, 2013, 08:31 AM

1. Exactly - And What I Can't Understand Is Why The Media....

isn't putting out the names of every Corporation's - Chairmen & CEO's - their salaries - and their company's tax avoidance status. This should be communicated to all American's. Let it be known how all these companies are cheating their way to wealth on the backs of us.

Instead what the Media is doing is propping up these companies and blaming all the debt problems on Social Security, Medicare and Medicaid.

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Response to global1 (Reply #1)

Wed Feb 27, 2013, 08:39 AM

3. It's quite simple, really ...

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Response to Scuba (Original post)

Wed Feb 27, 2013, 08:35 AM

2. How much in taxes did they avoid paying?

If they had no tax liability, whose fault is that?

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Response to Scuba (Original post)

Wed Feb 27, 2013, 09:02 AM

4. K&R

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Response to Scuba (Original post)

Wed Feb 27, 2013, 09:14 AM

5. EXACTLY. Explain to me why Facebook and GE are given free rides.

 

THEN and only then can you complain about the lower and middle class receiving 'too many benefits'.
sickening, isn't it?!

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Response to Scuba (Original post)

Wed Feb 27, 2013, 10:20 AM

6. Great! Taxpayers are subsidizing Verizon - and several other monster corporate profiteers.

Why? Because corporate profiteers have purchased politicians. That is called corruption. It is difficult to tell the difference between much of corporate America and organized crime.

Where to start: Constitutional amendments: Corporations are not persons, money is not speech.

Then: Structured election campaigns and controlled spending. We do not need millions of short campaign ads and lies (like FOX news channel). We need structured debates, high quality interviews, and honest resumes.

We also need a way to block jerrymandering.

It now appears we also need an expansion of the voting rights act.

But this is America. We specialize in greed, competition, war making, and stupidity.

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Response to Maineman (Reply #6)

Wed Feb 27, 2013, 10:50 AM

7. Well said, Maineman!

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Response to Scuba (Original post)

Wed Feb 27, 2013, 11:13 AM

8. k&r

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Response to Scuba (Original post)

Wed Feb 27, 2013, 11:18 AM

9. Verizon's actual tax rate was 14% in '09, 19% in '10, 2% in '11

http://www22.verizon.com/investor/app_resources/interactiveannual/2011/fin03.html - if you want to verify and double check my math.

Claims that companies paid no taxes or had "negative" tax rates, in my experience, are usually based on an inability to read an income statement. So they did pay very little for 2011 (they probably got a write-down of assets or some such simple offset), and I don't see 2012 up yet.

But it serves no good purpose to make stuff up or exaggerate.

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Response to bhikkhu (Reply #9)

Wed Feb 27, 2013, 11:31 AM

10. Don't confuse us with facts

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Response to Scuba (Original post)

Wed Feb 27, 2013, 11:44 AM

11. And while they pay no taxes they take over one company after another and do further harm to the

economy.

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