Talk of The Villages Florida - View Single Post - Seniors pay twice
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Old 08-14-2016, 10:54 AM
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Default Re 26 companies pay no tax

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Originally Posted by Guest View Post
Talk about Google. Before you make statements of facts that are just plain wrong, Google the statement.
Federal Revenue: Where Does the Money Come From



These 26 Companies Pay No Federal Income Tax
It has always been WE ALL WANT BUT NO ONE WANTS TO PAY.
From that comes-the tax breaks I get are fair. The ones you get are not.
First of all, our tax code is 86,000 pages. I think, I expect we all agree THAT IS INSANE. There is a paragraph called the STARBUCKS SECTION that makes Starbucks a manufacturer with appropriate tax breaks-BECAUSE THEY ROAST COFFEE. IT IS SIMPLY INSANE. Under OBAMA half of americans pay not tax-according to the way I think they should have some skin in the game before they have the right to vote and tell those who do pay taxes how to spend their money.
I did not get any of them having been self employed so I expect I think differently than many people do. Your business funded RETIREMENT PLAN, 401k, 403B, pension, medical care, etc WAS TAX FREE INCOME. Even social security. If, you worked for an employer, what ever you paid into this system your employer paid the same TAX FREE, for you. I PAID 13% OF MY GROSS TO SOCIAL SECURITY.
As to CORPORATIONS THAT PAY NO TAX. Realize a CORPORATION is not a human being IT IS SIMPLY PAPERWORK. The PROFIT is distributed to the owners-THE SHARE HOLDERS-in the form of dividends AND THE DIVIDENDS ARE TAXABLE.
Oh, I have no pension. I am living on dividends from stocks purchased with money I HAVE PAID INCOME TAX ON. I still pay TAX on the dividends I receive on money I ALREADY PAID INCOME TAX ON.
SO WHAT DO YOU THINK IS UNFAIR? Oh and if you have a retirement plan, an annuity, etc etc etc YOU TOO ARE AN EVIL CORPORATE OWNER.