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GE pays no income tax
"RicodJour" wrote in message
... On Mar 29, 3:56 pm, Kurt Ullman wrote: Actually most of are suggesting that GE should not get any tax breaks relative to their competitors. Rather we are largely saying that their competitors shouldn't have to pay either. It almost sounds like you're saying there should be no corporate tax, and only individuals should pay tax. Since the Supreme Court decided corporations are people, how can that be? Unless, that is, that you're of the opinion that there should be no taxes and therefore no government (volunteer government, anyone?). I'm of the opinion that I'd really like Santa Claus to be real, and all the Playboy centerfolds to be virgins. All of those scenarios are equally likely. It sounds awfully much like corporations want to be treated like people when it's a benefit and don't want to be considered people when it's not. Reminds me of when Exxon sold off its tanker fleet after the Exxon Valdez to better immunize themselves against future tanker disasters. If you or I did something like that - registering a car under a friend's name because of too many tickets - we would be prosecuted for insurance fraud. I strongly suspect that those calling for an end to corporate taxation are officers in their own corporations. -- Bobby G. |
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