On Sat, 19 Nov 2011 13:52:54 -0800, Hawke
wrote:

On 11/18/2011 4:56 PM, John B. wrote:
On Fri, 18 Nov 2011 11:12:01 -0800, Hawke
wrote:

On 11/17/2011 8:30 PM, Benny Fishhole wrote:
On Thu, 17 Nov 2011 23:13:37 -0500,
wrote:

http://www.weeklystandard.com/blogs/ge-filed-57000-page-tax-return-paid-no-taxes-14-billion-profits_609137.html

General Electric, one of the largest corporations in America, filed a
whopping 57,000-page federal tax return earlier this year but didn't
pay taxes on $14 billion in profits. The return, which was filed
electronically, would have been 19 feet high if printed out and
stacked.

...

You wouldn't have to pay taxes either if you sucked Obama's dick,
instead of Gunner's.

sigh, another rcm troll



Yeah, look who's talking, and what's wrong with GE not paying any taxes?
It's the little people like you that should be paying them not our
corporations. They need lower taxes. Don't you remember your republican
talking points? Business needs a tax cut because they pay too much, just
like GE does.

By lowering their taxes we have to raise it on you and all the other
stupid low earners. You just don't get it. The rich aren't supposed to
pay taxes; it's the ordinary people who are supposed to foot the bills
for the country. You're supposed to just be happy that there are people
who have tons of money. They earned it so they should keep it. You and
people of your class should pay the country's bills, not them. I don't
get why you can't keep the republican agenda straight. It never changes.

Hawke


Did you read the article? They said that 9 billion came from foreign
activities that weren't liable to US tax laws. which is not to say
that no tax was paid to a foreign entity. Next the article says that a
further 5 billion was exempted because it came form investments in low
cost housing, green energy, depreciation, etc.

So, apparently, in spite of your quote the other day about green
energy you feel that there should be no US government interest in
developing green energy? Inspite of your frequent remarks about the
little guy there should be no US government interest in developing or
building low cost housing? You feel that depreciation of property, the
recovering of monies used to purchase real property is not valid?
Depreciation, I might comment, was been an accepted accounting
practice under the Democrats....



I wasn't talking about green energy or profits made offshore. I was
simply making the point that multibillion dollar corporations are making
tons of money and not paying any taxes. Why wasn't up to question. The
point is if they aren't paying anything in taxes then who is? I say it's
the average working person who is paying if the corporations are not.
That's pretty clear isn't it?

No it is not clear. What is wrong with a company making billions of
dollars? What is wrong with a company paying the taxes that the U.S.
Government mandates that they pay. which,if I read the article
correctly is just what they did. One can, I assume, equally well say
that Hawke is a sinner for taking the deductions on his personal
income tax.


I don't think that's right. I think those businesses should be paying
much closer to 30% of all the taxes to the treasury. I also find it
amusing that the average guy, who is paying for everything in this
country doesn't seem to mind that he's paying a lot of taxes and huge
corporations pay none. I find that ironic to say the least.

Hawke

Of course, and people who can afford to hire Tax consultants to
structure their lives also pay less tax then average. Should we shoot
all the H&R Block accountants.

The point is that following U.S Government laws and regulations is not
a sin and damning a corporation for doing so is simply ridiculous,
isn't it.

To put another light on your statement, taxing a company 30% implies
that the company will not have as high profits after tax as
previously, and what is the easiest cost to cut? Usually people, so
increasing taxes may well result in a reduction in available jobs, and
even possibly a reduction, however infinitesimal, in the tax paid. Not
to mention an added incentive to move off shore.

Your claim that a big company should pay a higher percent of their
profits as tax then a company that does less business is simply
rewarding mediocrity. If you work hard and prosper the government
takes more of your money than taken from the drone who is too lazy to
work.

After all Hawke, you have bragged about the fact that you have a
collage education and that you are financially secure, don't have to
work any more. Exactly the same description applies to people in the
bottom half of the top 1%. Collage education, worked hard, invested
their money, now financially secure through their own endeavors. Does
that mean that Hawke should pay more taxes?


--
John B.