Posted on 04/12/2015 9:16:07 AM PDT by Wolfie
Sen. Bernie Sanders (I-Vt.) believes in GOD!.....
However; the God he believes in IS GIVERNMENT..
Federal, State and Local.. BUT..... State and Local are just Apostles..
If you “evade” taxes that’s illegal, to “avoid” taxes means you didn’t pay taxes that were legally collectable, I don’t see a problem here, it’s just taking legal deductions. The problem is an overly and purposely complicated tax code and an enforcement agency that is unprincipled and a political weapon of the democrats. Past time to wipe them out, the IRS and the democrats.
Hey Bernie, how about Warren Buffett!
In the history of the world has any nation taxed itself into prosperity?
Sanders is posturing in his preliminary moves towards announcing a run for POTUS - on the Lunatic Fringe party.
They are #9.
Apparently someone is lying.
http://publicpolicy.verizon.com/blog/entry/verizons-2012-tax-payments-totaled-3.4-billion
From the page:
Over the past three years, Verizon has paid more than $11.1 billion in taxes – including nearly $3.4 billion in 2012 alone. Verizon’s 2010-2012 payments include more than $1.5 billion in income taxes, $4.0 billion in employment taxes, and $5.6 billion in property and other taxes.
In 2012, the net income attributable to Verizon totaled $875 million, and the company paid $351 million in income taxes while investing $16.2 billion in technology infrastructure.
While Verizon complies with all tax laws and pays its fair share of taxes, sometimes numbers are cherry-picked from the 10K to support claims that corporations avoid paying taxes. In Verizon’s case, such claims are false and misleading.
For example, often Verizon’s deferred tax liability is wrongly characterized as a loophole, even though deferred taxes do not reduce Verizon’s tax liability. U.S. economic development policy spreads out, or defers, some federal tax payments over a longer period of time for companies that invest in America’s technology infrastructure. That’s because investment in infrastructure creates jobs.
In 2010-2012, while Verizon made more than $11.1 billion in tax payments, it also invested nearly $50 billion in technology infrastructure. This has created and sustained great U.S. jobs – both in and outside of Verizon – as the company has deployed innovative broadband technologies nationwide.
Is Bernie The Commie, running out of other peoples money?
If so he should tax the hell out of his constituents. After all it is the Green state
Key to the talking points of this article goes to low information voters. You can all claim corporations do pay taxes til you are blue in the face but the LIVs and Libs see it as gospel and they vote. The Republicans need a message that resonates with the public and I believe it to be the flat tax.
One of the few immoral things left today is trying to keep your own money.
Corporate profits should not be taxed at all because that tax is double taxation of the same income — once at the corporate level, and again when the profits are distributed as income.
Unfortunately, this will be winning issue for Hillary.
Meanwhile, the GOP will be trying to sell reducing the corporate rate to company’s who already pay no taxes, have a CEO making 50 million a year and hiring H1B’s or nobody or outsourcing for cheap slave labor. Another 10 years of socialism and no end in sight. New tax code anyone?
Why do companies move to other countries to escape the highest taxes in the world?
Bernie, how is that fraud case against your wife going? Is she going to pay back the millions she got from the state? Or is that going to be swept under the rug?
Depreciation is a bitch.
Notice how General Electric(D) isn’t on that list?
Top ten largest company in VT.
Also the worst company to do business with.
Fair enough. BUT WHY THE DAMN REFUNDS?
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