Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Abolish The Income Tax: You Won’t Believe Who Is Getting Away With Paying Zero Taxes
TEC ^ | 02/21/2013 | Michael Snyder

Posted on 02/24/2013 6:40:27 AM PST by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-22 next last

1 posted on 02/24/2013 6:40:30 AM PST by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

I thought it was Big Oil raping us??


2 posted on 02/24/2013 6:52:40 AM PST by Vinnie (A)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vinnie

RE: I thought it was Big Oil raping us??

We learn a lot everyday don’t we?

And I thought only other people were low information voters ... :)


3 posted on 02/24/2013 6:56:45 AM PST by SeekAndFind
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

This info makes me want to own stock in those favored corporations.


4 posted on 02/24/2013 6:56:56 AM PST by Pearls Before Swine
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

BookMark


5 posted on 02/24/2013 7:00:18 AM PST by thesearethetimes... ("Courage, is fear that has said its prayers." Dorothy Bernard)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Actually, there are a lot of the big ones that do pay corporate taxes. You see some like BoA and energy companies and others that get tax credits, but they do pay taxes on those profits they can’t shelter somewhere. It’s perfectly legal to avoid taxes. The ones I’m concerned about are the ones that are kissing Obama’s ass and getting big big credits for kissing ass. We’ve seen these in recent reports.

What bothers me much more are the near 50% of filers that not only pay no federal income tax, but get money they NEVER paid in back. EITC - Earned (ha!) Income Tax Credit....leeches. It is nothing but income redistribution.

This is why you see Jackson Hewitt booths, Liberty Tax, H&R block and all of the others, including Turbo Tax with its free 1040EZ filing out there processing returns. They are getting a hugh profit on filing all those EITC returns for the leeches that are too stupid to fill out their own forms and too greedy and impatient to wait for the money but instead opt for a high fee Refund Anticipation Loan. They are disgusting.

Nope, this is just capitalism bashing, save for the unethical ass-kisser companies that cowtow to Obama for Tax Credits.


6 posted on 02/24/2013 7:02:35 AM PST by Gaffer
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

even if all corporations paid zero taxes then so what? that would mean we would all pay less taxes. Corporations don’t pay taxes. we pay their taxes via products we purchase

Government should not favor one class of taxpayer over another or one company over another. flat tax


7 posted on 02/24/2013 7:02:46 AM PST by plain talk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vinnie
It's not about revenue and never was. It's about control and information mining. You have to account for where you got every penny of your income and where you have spent every penny. You have to report to the government where you live, where you work, how many hours you work, how you get from your residence to your work, the size of your family, any medical procedures you have had, the value of your house and a myriad of other personal information.

The government in turn uses this information to enact policies that are intended to alter your improper behavior.

Revenue is unimportant to them controlling everything you do is their goal

8 posted on 02/24/2013 7:02:46 AM PST by Cowman (How can the IRS seize property without a warrant if the 4th amendment still stands?)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

...take that list a bit further and see who the contribute to politically...what party gets the most percentage wise....oh know we shouldn’t do that, least we see who bitc*** the most about the rich......
..let’s see how much the democratic party got from ill advised loans to solar companies doomed to failure, where hundreds of millions disappeared within a month of the taxpayers “gift”
...let’s reopen the Corzine case where 1.2 billion disappeared and he walked free...
...let’s watch where the money from the “sale” of 16 F-16 fighters and 200 Abrams tanks goes


9 posted on 02/24/2013 7:08:13 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cowman

Hadn’t really thought of it from that angle but you are right.


10 posted on 02/24/2013 7:10:12 AM PST by Vinnie (A)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Pearls Before Swine
This info makes me want to own stock in those favored corporations.

..only when your a senator or congresscritter do you trade with INSIDE INFO that is illegal for everyone else

11 posted on 02/24/2013 7:11:34 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
[ Post Reply | Private Reply | To 4 | View Replies]

To: SeekAndFind
Mattel

Oh no, not EBT Barbie!


12 posted on 02/24/2013 7:12:48 AM PST by Ezekiel (The Obama-nation began with the Inauguration of Desolation.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ezekiel

Taxes for a business or corporation is like any other cost of doing business, it must be considered when determining what is asked of the consumer to pay for its goods or services. The taxes are passed on to the consumer.


13 posted on 02/24/2013 7:24:08 AM PST by reaganator
[ Post Reply | Private Reply | To 12 | View Replies]

To: SeekAndFind
“Do you think that it is fair for the ultra-wealthy and hugely profitable corporations to get away with paying zero taxes while you get hammered?”

1. Life ain't fair.

2. I'm not interested in playing the DemonRAT con game of class warfare. If the ultra-wealthy gather wealth through doing something dishonest, illegal or immoral, then spell out what that is and I'll feign outrage. To me, their greatest sins are those that support the illegal and immoral Democrat politicians.

3. Hugely profitable isn't a dirty word. It's how capitalism works, grows and rewards investment. Those evil companies listed employ a lot of people that are greatly enriched by that fact. They also are responsible to reward their share holders.

4. I'm not even outraged that evil corporations keep their money offshore to avoid paying taxes. I would too if I could.

It's a common misconception that the government is entitled to or is the owner of “everything”.

If you want “outrage” from me, let's discuss the evil entity that sucks off the cream of all “enterprise” to mainly redistribute that wealth to buy votes.

Government spending is currently 38% of GDP, 6% of which they are borrowing.

14 posted on 02/24/2013 7:26:57 AM PST by bitterohiogunclinger (Proudly casting a heavy carbon footprint as I clean my guns ---)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Okay, #6 blew my mind!

And my assistant is having her motherclaim her two kids so she can get a huge refund back. She is on EBT. I just don’t understand, I really don’t. I’m a teacher & I equate what our gov’t does to us as a teacher penalizing a student who works hard, gets all their work in on time, is prepared for tests, is a productive member of their school, etc, etc.


15 posted on 02/24/2013 7:30:53 AM PST by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!!!!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
dirty little secret ...

corporations pass on All Taxes to consumers of their product.
Want to pay more for goods and services?

Demand higher taxes on corporations.

16 posted on 02/24/2013 7:38:15 AM PST by no-to-illegals (Oh, What's the Point)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Here’s the answer:

http://www.fairtax.org/site/PageServer?pagename=FAQs


17 posted on 02/24/2013 8:12:47 AM PST by Hostage (Be Breitbart!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: no-to-illegals
dirty little secret ...

Those billions of dollars of "tax refunds" that went to the corporations that paid no taxes listed in the article? They came out of your pocket.

18 posted on 02/24/2013 8:16:45 AM PST by vrwc1
[ Post Reply | Private Reply | To 16 | View Replies]

To: bitterohiogunclinger

What you said. It shows a failure to understand conservative principles that someone would be outraged that a company fails to pay taxes on income that would be taxed again if it was passed on to a shareholder. I would prefer to eliminate all or almost all corporate taxes and let them reinvest earnings without giving a cut to government, or give dividends to the shareholders, who would pay taxes on that income, preferably at a flat rate.


19 posted on 02/24/2013 8:42:56 AM PST by Defiant (If there are infinite parallel universes, why Lord, am I living in the one with Obama as President?)
[ Post Reply | Private Reply | To 14 | View Replies]

To: SeekAndFind

The US is almost totally broken. The article is compelling but who needs to be convinced? Certainly not the people paying the taxes.

All government, local and up, are demanding more and becoming ever more enriched on the back of the taxpayer. I am looking at the glistening new city hall and fire station right now... surrounded by several buildings and private properties much less grand and much less well kept. The servants are living better than the masters.

In the early sixties the sales tax was 3%. We knew just what we could buy before we hit the tilt point for the next penny of tax. A penny mattered when we picked up pop bottles for a popcicle. Now, the tax has tripled. That is a REAL 300% increase in the tax collected. The price of goods and services has gone up with inflation. 3% would provide the same inflation adjusted tax base we had in the 60s. It is costing THREE times as much to run local government than it was back in the 60s. ARE we getting THREE times the service? NO. Where is it all going? We had nice fire stations in the 60s, we had libaries that worked, we had people working for the city and county that made decent livings, we had the services we needed. Where is it all going?

Our entire system is broken. The masters are being consumed by the servants. The employees are now the employer and are allowing the employees to work for less and less and less and less.


20 posted on 02/24/2013 8:46:00 AM PST by Sequoyah101
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson