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President* Biden: 55 major corporations paid zero in income tax in recent years!
Posted on 7/22/21 at 5:17 pm
Posted on 7/22/21 at 5:17 pm
LINK
quote:
President Biden
@POTUS
3h
55 major corporations paid zero in income tax in recent years.
My Build Back Better Agenda is going to change that paradigm – and give working families a fighting chance.
29
Posted on 7/22/21 at 5:19 pm to Seldom Seen
Just like how he and O saved Healthcare! Oh wait
Posted on 7/22/21 at 5:20 pm to Seldom Seen
quote:
and give working families a fighting chance.
Taxing corporations does nothing for the working person except increase prices.
Posted on 7/22/21 at 5:20 pm to Seldom Seen
Mean tweets brought those jobs back to U.S. soil
Biden going to send them back to Chyna
Biden going to send them back to Chyna
Posted on 7/22/21 at 5:20 pm to Seldom Seen
None of that will actually "give working families a fighting chance". You will take that money and waste it while the "working families" will suffer due to increased prices of good and services.
Posted on 7/22/21 at 5:20 pm to Seldom Seen
quote:
President* Biden: 55 major corporations paid zero in income tax in recent years!
No shite! He and Obama did this in most those cases I believe...they gave tax amnesty to many companies if my memory serves me correctly, especially their big donors/supporters...
Posted on 7/22/21 at 5:20 pm to Seldom Seen
How is taxing the corporations change the lives of working families? How does that work actually?
Posted on 7/22/21 at 5:21 pm to Seldom Seen
quote:
President* Biden: 55 major corporations paid zero in income tax in recent years
So what.
Corporations don’t pay taxes. The people who buy their products pay taxes for them.
All raising corporate taxes will do is make things more expensive for poor and middle class while the CEOs of these companies get richer….just like the politicians want.
Posted on 7/22/21 at 5:26 pm to memphis tiger
If you don’t make money, you don’t pay taxes
ACCOUNTING 101
ACCOUNTING 101
Posted on 7/22/21 at 5:40 pm to Seldom Seen
And like 90% of those probably were able to do so because of NOLs and excess tax deductions from share based comp--things you voted for while in Congress, Joe.
Posted on 7/22/21 at 5:41 pm to Seldom Seen
And 95% of them are huge Democrat donors.
Hmmmmmm
Hmmmmmm
Posted on 7/22/21 at 5:41 pm to Seldom Seen
He has no clue what paradigm even means
Posted on 7/22/21 at 5:42 pm to Seldom Seen
Change the fricking tax code then instead of just bitching.
Posted on 7/22/21 at 5:43 pm to memphis tiger
All corporations are tax exempt if they give van jones $100 million.
Posted on 7/22/21 at 5:44 pm to Seldom Seen
Did they make income? If so, that would be illegal and he should get his Justice Department on the case.
Posted on 7/22/21 at 5:52 pm to Seldom Seen
Why are Democrats so economically and fiscally retarded? Doesn't anyone on their side realize "corporate taxes" is just double taxation on individuals? The irony is the upper middle class limousine liberals who are in favor of punishing those evil corporations are just taxing their own retirement and investment portfolios. But they scratched their juvenile urge to virtue signal.
Posted on 7/22/21 at 5:53 pm to Seldom Seen
They also employed millions of people!
Posted on 7/22/21 at 5:54 pm to Seldom Seen
quote:
55 major corporations paid zero in income tax in recent years.
That's outrageous. We need to reduce the taxes for all of the rest of the corporations in the country to zero, as well. That is more fair.
Corporate taxes are the least progressive tax there is. It raises prices for the rich and poor alike. We should all be against corporate taxes. The complaint that corporations need to pay their fair share is the same as trying to lift yourself up by pulling on your own bootstraps.
This post was edited on 7/22/21 at 6:11 pm
Posted on 7/22/21 at 5:55 pm to SoFla Tideroller
quote:
The irony is the upper middle class limousine liberals who are in favor of punishing those evil corporations are just taxing their own retirement and investment portfolios.
That's just it--they aren't because capital will just push the incidence of tax elsewhere.
Posted on 7/22/21 at 5:55 pm to beaverfever
quote:
Did they make income? If so, that would be illegal and he should get his Justice Department on the case.
Lol wut
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