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wf3h[_2_] wf3h[_2_] is offline
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First recorded activity by BoatBanter: Apr 2011
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Default Guess who pays no federal income taxes or taxes at a lower rate than you do...

On Mon, 22 Aug 2011 22:21:58 -0600, Canuck57
wrote:

On 22/08/2011 7:56 PM, wrote:
On Mon, 22 Aug 2011 18:13:20 -0400, X ~
wrote:

1) Exxon Mobil


Corporations don't pay taxes, they just collect the money from their
customers, tack on some profit and pass it on in the cost of the
product.

It is just a way to put a hidden tax on the consumer, similar to a
VAT. The only problem is you punish the American company for doing all
of it's business inside the US. If you are a multinational, it is very
easy to make all of your "profit" in another country. Hence the
companies you listed did not make a "US profit".


US companies have been doing this since the 70's. It is why Euro is so
VAT happy, get the revenue on the sale is harder to beat than the tax
rackets.


real problem is the right wing destroyed labor unions and let
companies buy the US govt.

america has the worst income split in the western world

according to the right wing that produces jobs

where are they?

Without it, your just tax slaves, working for the government without the
benefits.


US taxes are the lowest they've been in 60 years

how's that working out?

canuck doesnt know **** about economics.

he just knows there's a black guy in the white house who's not the
doorman