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October 14, 2008 at 9:52 PM #287726October 14, 2008 at 10:18 PM #287413
gandalf
Participant“Study says most corporations pay no U.S. income taxes”
Reuters News Service
Aug 12, 2008http://www.reuters.com/article/newsOne/idUSN1249465620080812?sp=true
– – excerpt – –
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.More than half of foreign companies and about 42 percent of U.S. companies paid no U.S. income taxes for two or more years in that period, the report said.
October 14, 2008 at 10:18 PM #287714Participant“Study says most corporations pay no U.S. income taxes”
Reuters News Service
Aug 12, 2008http://www.reuters.com/article/newsOne/idUSN1249465620080812?sp=true
– – excerpt – –
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.More than half of foreign companies and about 42 percent of U.S. companies paid no U.S. income taxes for two or more years in that period, the report said.
October 14, 2008 at 10:18 PM #287730Participant“Study says most corporations pay no U.S. income taxes”
Reuters News Service
Aug 12, 2008http://www.reuters.com/article/newsOne/idUSN1249465620080812?sp=true
– – excerpt – –
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.More than half of foreign companies and about 42 percent of U.S. companies paid no U.S. income taxes for two or more years in that period, the report said.
October 14, 2008 at 10:18 PM #287757Participant“Study says most corporations pay no U.S. income taxes”
Reuters News Service
Aug 12, 2008http://www.reuters.com/article/newsOne/idUSN1249465620080812?sp=true
– – excerpt – –
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.More than half of foreign companies and about 42 percent of U.S. companies paid no U.S. income taxes for two or more years in that period, the report said.
October 14, 2008 at 10:18 PM #287761Participant“Study says most corporations pay no U.S. income taxes”
Reuters News Service
Aug 12, 2008http://www.reuters.com/article/newsOne/idUSN1249465620080812?sp=true
– – excerpt – –
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.More than half of foreign companies and about 42 percent of U.S. companies paid no U.S. income taxes for two or more years in that period, the report said.
October 14, 2008 at 10:20 PM #287418ParticipantCool!
October 14, 2008 at 10:20 PM #287719ParticipantCool!
October 14, 2008 at 10:20 PM #287735ParticipantCool!
October 14, 2008 at 10:20 PM #287762ParticipantCool!
October 14, 2008 at 10:20 PM #287766ParticipantCool!
October 14, 2008 at 11:08 PM #287463Shadowfax
Participant[quote=asianautica]Our tax system have HAS so many wholes HOLES because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.
I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.[/quote]
While there are probably some destitute folks that collect a check and don’t have any plans or aspirations to get a job, there are a lot of folks out there who are facing real, stiff challenges in seeking employment. It takes money to make money, even in the minimum wage world. To get a job you have to have adequate (suitable) clothing, transportation, a minimal education (fill out a job app at McD’s), etc. Many of the destitute are not well equipped–societally or financially–to even start a job search. And as you point out, the minimum wage/low wage market is not very appealing when you can make not much less by not working.
Someone posted some great data (I may track back and try to find it) about how a large percentage of those “lazy, jobless, tax evaders” are actually retirees and the disabled. Retirees often don’t have the option to get employment since they are outside the employable age, may have physical limitations and they live on reduced incomes (be nice to Grandpa, the Walmart Greeter–hey, bonus to Walmart, he already collects Social Security and is eligible for Medicare!). Do you want to squeeze them for taking their tax rebates? How about the guy who is a paraplegic and also mentally disabled who puts together component parts on an assembly line ’cause he can’t really find any other work? Oh, wait, his $8/hour job just got shipped overseas to Indonesia where they only have to pay $1/day–yeehaw, look at those corporate profits soar. And there are people who transition in and out of “poor” status–laid off and takes them a year or two to complete some courses to enter a new field…
My point? Don’t generalize. At any given time, there are people “not working” and “not paying taxes” but they are not all baby-mamas and fat lazy union workers. Some really don’t have any prospects or don’t have enough hope or belief that the system will work for them. I suspect their numbers will be growing in the coming months as the economic nuclear fall-out starts wafting down on America’s Main Streets.
October 14, 2008 at 11:08 PM #287764Participant[quote=asianautica]Our tax system have HAS so many wholes HOLES because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.
I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.[/quote]
While there are probably some destitute folks that collect a check and don’t have any plans or aspirations to get a job, there are a lot of folks out there who are facing real, stiff challenges in seeking employment. It takes money to make money, even in the minimum wage world. To get a job you have to have adequate (suitable) clothing, transportation, a minimal education (fill out a job app at McD’s), etc. Many of the destitute are not well equipped–societally or financially–to even start a job search. And as you point out, the minimum wage/low wage market is not very appealing when you can make not much less by not working.
Someone posted some great data (I may track back and try to find it) about how a large percentage of those “lazy, jobless, tax evaders” are actually retirees and the disabled. Retirees often don’t have the option to get employment since they are outside the employable age, may have physical limitations and they live on reduced incomes (be nice to Grandpa, the Walmart Greeter–hey, bonus to Walmart, he already collects Social Security and is eligible for Medicare!). Do you want to squeeze them for taking their tax rebates? How about the guy who is a paraplegic and also mentally disabled who puts together component parts on an assembly line ’cause he can’t really find any other work? Oh, wait, his $8/hour job just got shipped overseas to Indonesia where they only have to pay $1/day–yeehaw, look at those corporate profits soar. And there are people who transition in and out of “poor” status–laid off and takes them a year or two to complete some courses to enter a new field…
My point? Don’t generalize. At any given time, there are people “not working” and “not paying taxes” but they are not all baby-mamas and fat lazy union workers. Some really don’t have any prospects or don’t have enough hope or belief that the system will work for them. I suspect their numbers will be growing in the coming months as the economic nuclear fall-out starts wafting down on America’s Main Streets.
October 14, 2008 at 11:08 PM #287780Participant[quote=asianautica]Our tax system have HAS so many wholes HOLES because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.
I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.[/quote]
While there are probably some destitute folks that collect a check and don’t have any plans or aspirations to get a job, there are a lot of folks out there who are facing real, stiff challenges in seeking employment. It takes money to make money, even in the minimum wage world. To get a job you have to have adequate (suitable) clothing, transportation, a minimal education (fill out a job app at McD’s), etc. Many of the destitute are not well equipped–societally or financially–to even start a job search. And as you point out, the minimum wage/low wage market is not very appealing when you can make not much less by not working.
Someone posted some great data (I may track back and try to find it) about how a large percentage of those “lazy, jobless, tax evaders” are actually retirees and the disabled. Retirees often don’t have the option to get employment since they are outside the employable age, may have physical limitations and they live on reduced incomes (be nice to Grandpa, the Walmart Greeter–hey, bonus to Walmart, he already collects Social Security and is eligible for Medicare!). Do you want to squeeze them for taking their tax rebates? How about the guy who is a paraplegic and also mentally disabled who puts together component parts on an assembly line ’cause he can’t really find any other work? Oh, wait, his $8/hour job just got shipped overseas to Indonesia where they only have to pay $1/day–yeehaw, look at those corporate profits soar. And there are people who transition in and out of “poor” status–laid off and takes them a year or two to complete some courses to enter a new field…
My point? Don’t generalize. At any given time, there are people “not working” and “not paying taxes” but they are not all baby-mamas and fat lazy union workers. Some really don’t have any prospects or don’t have enough hope or belief that the system will work for them. I suspect their numbers will be growing in the coming months as the economic nuclear fall-out starts wafting down on America’s Main Streets.
October 14, 2008 at 11:08 PM #287807Participant[quote=asianautica]Our tax system have HAS so many wholes HOLES because it was written by the rich for the rich. You don’t truly believe these fat cats in Washington actually care about you, do you? Who are you to draw $250k as rich? Why not $150k? that’s a lot more than 85% of Americans. If you want to reward work, then stop rewarding people who don’t work. Why would they work if they’re getting rewarding for not working? A guy who’s on welfare and who would get all these extra tax credit from Obama wouldn’t want to get off his ass and get a minimum wage job to end up w/ less than what he gets for doing nothing.
I’m all for closing all the tax loop holes and make everyone pay their fair share, including all those people who don’t have a job and are on welfare. They can do community service and such to EARN their welfare. I just don’t see it happening. You can try and prove me wrong, but asking me to put my trust in a guy I don’t know… well, I’ll just have to say “In God I trust, everyone else, bring data”.[/quote]
While there are probably some destitute folks that collect a check and don’t have any plans or aspirations to get a job, there are a lot of folks out there who are facing real, stiff challenges in seeking employment. It takes money to make money, even in the minimum wage world. To get a job you have to have adequate (suitable) clothing, transportation, a minimal education (fill out a job app at McD’s), etc. Many of the destitute are not well equipped–societally or financially–to even start a job search. And as you point out, the minimum wage/low wage market is not very appealing when you can make not much less by not working.
Someone posted some great data (I may track back and try to find it) about how a large percentage of those “lazy, jobless, tax evaders” are actually retirees and the disabled. Retirees often don’t have the option to get employment since they are outside the employable age, may have physical limitations and they live on reduced incomes (be nice to Grandpa, the Walmart Greeter–hey, bonus to Walmart, he already collects Social Security and is eligible for Medicare!). Do you want to squeeze them for taking their tax rebates? How about the guy who is a paraplegic and also mentally disabled who puts together component parts on an assembly line ’cause he can’t really find any other work? Oh, wait, his $8/hour job just got shipped overseas to Indonesia where they only have to pay $1/day–yeehaw, look at those corporate profits soar. And there are people who transition in and out of “poor” status–laid off and takes them a year or two to complete some courses to enter a new field…
My point? Don’t generalize. At any given time, there are people “not working” and “not paying taxes” but they are not all baby-mamas and fat lazy union workers. Some really don’t have any prospects or don’t have enough hope or belief that the system will work for them. I suspect their numbers will be growing in the coming months as the economic nuclear fall-out starts wafting down on America’s Main Streets.
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