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In reply to the discussion: Corporation That Paid Nothing In Taxes For Four Years Tells Congress It Pays Too Much In Taxes [View all]LiberalFighter
(50,783 posts)22. A bit difficult to have an effective tax rate of 36 percent when they don't pay any taxes.
The question that should really be asked is "How much of their net revenue in the USA is taxed?"
On the corporate tax bit I think it is screwed up the way it is set. They go up and down on the rates. It appears the smaller businesses get screwed the worse on this.
15% -- 0 to $50k
25% -- 50k to $75k
34% -- 75k to $100k
39% -- 100k to $335k
34% -- 335k to $10 million
35% -- 10m to $15 million
38% -- 15m to $18,333,333
35% -- over $18,333,333
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Corporation That Paid Nothing In Taxes For Four Years Tells Congress It Pays Too Much In Taxes [View all]
Tx4obama
Jul 2012
OP
That's what internships are. I still get offered them after 20 years in my field.
slampoet
Jul 2012
#52
These people are the real villains of America. And Congress are their agents. nt
valerief
Jul 2012
#10
Congress writes the laws to make the crimes against humanity legal/possible. They're agents who get
valerief
Jul 2012
#13
It's the same as people bitching that Obama raised their taxes when they were reduced.
bulloney
Jul 2012
#18
A bit difficult to have an effective tax rate of 36 percent when they don't pay any taxes.
LiberalFighter
Jul 2012
#22
She's whining because Corning didn't get a larger negative tax rate (refund).
Snarkoleptic
Jul 2012
#30
I stopped listening to their shit long ago. Why would anyone want to waste their time listening to
lonestarnot
Jul 2012
#45
Corporations need to be given the tab for the chaos created by their greed and ungrateful free ride
midnight
Jul 2012
#43
Makes sense. They paid too much in comparison to what they have to pay in the Caymans....ZERO.
piperpibroch
Jul 2012
#51