Talk of The Villages Florida - View Single Post - Progress is slow, but going in the right direction
View Single Post
 
Old 07-17-2023, 10:35 AM
Cybersprings Cybersprings is offline
Senior Member
Join Date: Jan 2015
Posts: 414
Thanks: 566
Thanked 430 Times in 199 Posts
Default

Quote:
Originally Posted by mickey100 View Post
Like all the big corporations that make a fortune in profits and pay no tax?
I am not sure if this idea is drawn from CNN or Marx.
It is like saying that you don't pay taxes on a 401k.
Simply a lie.
Whatever profit a corporation makes goes to someone or something.
It goes to the shareholders, who have to pay taxes on it at some point.
Or it goes to employees, who have to pay taxes on it.
Or it gets reinvested in to the business which most likely increases future profits and probably jobs also.

So saying that corportations make millions/billions without paying any taxes is just the result of lazy logic.