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In reply to the discussion: Little Caesars - Democrat Owned, $5 Pizzas, Full & PT Worker Health Insurance [View all]KansDem
(28,498 posts)76. In some cases, the companies can keep the state tax paid by their employees
"Taxed by the Boss"
From April, 2012--
Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers and are keeping the money with the states approval, says an eye-opening report published on Thursday.
The report from Good Jobs First, a nonprofit taxpayer watchdog organization funded by Ford, Surdna and other major foundations, identifies 16 states that let companies divert some or all of the state income taxes deducted from workers paychecks. None of the states requires notifying the workers, whose withholdings are treated as taxes they paid.
General Electric, Goldman Sachs, Procter & Gamble, Chrysler, Ford, General Motors and AMC Theatres enjoy deals to keep state taxes deducted from their workers paychecks, the report shows. Foreign companies also enjoy such arrangements, including Electrolux, Nissan, Toyota and a host of Canadian, Japanese and European banks, Good Jobs First says.
Why do state governments do this? Public records show that large companies often pay little or no state income tax in states where they have large operations, as this column has documented. Some companies get discounts on property, sales and other taxes. So how to provide even more subsidies without writing a check? Simple. Let corporations keep the state income taxes deducted from their workers paychecks for up to 25 years.
It was not always this way. Letting companies keep their workers state taxes apparently began in Kentucky two decades ago as a way to retain jobs.
http://blogs.reuters.com/david-cay-johnston/2012/04/12/taxed-by-the-boss/
The report from Good Jobs First, a nonprofit taxpayer watchdog organization funded by Ford, Surdna and other major foundations, identifies 16 states that let companies divert some or all of the state income taxes deducted from workers paychecks. None of the states requires notifying the workers, whose withholdings are treated as taxes they paid.
General Electric, Goldman Sachs, Procter & Gamble, Chrysler, Ford, General Motors and AMC Theatres enjoy deals to keep state taxes deducted from their workers paychecks, the report shows. Foreign companies also enjoy such arrangements, including Electrolux, Nissan, Toyota and a host of Canadian, Japanese and European banks, Good Jobs First says.
Why do state governments do this? Public records show that large companies often pay little or no state income tax in states where they have large operations, as this column has documented. Some companies get discounts on property, sales and other taxes. So how to provide even more subsidies without writing a check? Simple. Let corporations keep the state income taxes deducted from their workers paychecks for up to 25 years.
It was not always this way. Letting companies keep their workers state taxes apparently began in Kentucky two decades ago as a way to retain jobs.
http://blogs.reuters.com/david-cay-johnston/2012/04/12/taxed-by-the-boss/
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Little Caesars - Democrat Owned, $5 Pizzas, Full & PT Worker Health Insurance [View all]
TheBlackAdder
Nov 2012
OP
If a business can't compete for whatever reason it should close. Would you have it any other way? nt
jody
Nov 2012
#20
GM involved millions of workers, and would have done much more harm to not help them out. Same with
still_one
Nov 2012
#21
Agree on one point, people who mismanaged a business into bankruptcy should not be left in charge
jody
Nov 2012
#29
I stand by my disagreement regarding GM, and the banks. The harm would be worse than the cure.
still_one
Nov 2012
#32
I’m not sure we disagree. Govt. can’t exist without taxes and taxes can’t exist without profits on
jody
Nov 2012
#33
Apparently you disagree with Obama who ran on a platform of using government to recover our economy
jody
Nov 2012
#90
Quite a few thousands of us at the UAW think you have no idea what you are talking about, other than
DainBramaged
Nov 2012
#51
Spewing right wing talking points on numerous, (uh okay, EVERY issue)
Moses2SandyKoufax
Nov 2012
#56
If you have a Round Table Pizza nearby, they are employee-owned. nt
progressivebydesign
Nov 2012
#47
OK going to find a Little Caesars to order from for my kids birthday. I have to do some searching..
kelliekat44
Nov 2012
#17
at the link it also shows papa johns having benefits, did you see that, am I reading this wrong?
trailmonkee
Nov 2012
#22
welcome to DU--I just got the whole blackadder series from the library today to enjoy again.
niyad
Nov 2012
#23
I've never had either pizza chain (I order from a local place) but a K&R for Little Ceasars
riderinthestorm
Nov 2012
#24
Agreed. We usually get Costco but think I will throw in some of these once in a while now. nt
Live and Learn
Nov 2012
#48
if we're just talking how all of these chain pizza places stack up, taste-wise...
WooWooWoo
Nov 2012
#39
Papa Gino's makes a pretty good pie. Thin, chewy crust, nice blend of cheeses. nt
Flatulo
Nov 2012
#57
Their pizzas are pretty good for a fast food pizza... and I LOVE that I can run in and it's waiting.
jillan
Nov 2012
#62
I will have to try them when I travel. At home, I go local, two shops with good progressive owners.
bluestate10
Nov 2012
#64
I worked part-time (25 hours) at a supermarket about 15 years ago and got benefits
HockeyMom
Nov 2012
#80