Question:

Defending the rich and capitalism is getting more expensive?

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Here is and interesting article that most replublicans would like you to ignore from the SF Chronicle

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/08/12/MNC4129OFL.DTL&tsp=1

(08-12) 19:48 PDT -- When the taxman cometh, most corporations wave him on by, according to a government study released on Tuesday.

About two-thirds of U.S. companies and foreign firms doing business in this country paid no federal income taxes from 1998 to 2005, according to a study by the Government Accountability Office. Sen. Byron Dorgan, D-N.D., called the report "a shocking indictment of the current tax system."

To be sure, many of the nonpayers were small or new companies that probably made no money. But the report said that about a quarter of large corporations - ones that had more than $250 million in assets or $50 million in gross receipts - paid no taxes. In 2005, for instance, 3,565 large U.S. companies and 998 large foreign-owned companies operating here did not pay any income taxes.

It is a very interesting article and explains that some companies have reasons, but many don't. All of this happening under the Republican congress. What do you think? Does the Buck stop here or do we keep opening up our wallets.

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2 ANSWERS


  1. Get rich quick schemes in the capitalist business world, (buyouts, IPOs, conglomerates, acquisitions, mergers, and the stock market), do not actually work. Remaining solvent does not actually exist within false economics capitalism.

    Profit existing in the capitalist business world, or millionaires existing within capitalism, is pathological deception committed by the 21 organizations spying on the population with plain clothes agents, (with covert fake names and fake backgrounds).

    Actual economics is the persons that are paying the business loans of companies voting at work in order to control the property they are paying for.

    Capitalism is the psychology of imaginary parents, false economics, and the criminal deception of employees that are paying the bills (including the stocks and bonds, or shares) of companies.

    Anti-Democracy republicanism is the psychology of imaginary parents, and false government.


  2. Would you mind pointing out that 50% of all individual tax payers paid no income tax as well?

    Are you equally disgusted by that?

    It sounds like the IRS isn't doing their job.  Just send them a memo and proof and they'll get on it.

    This is interesting, but I don't come to the same conclusions that you do.  Are you suggesting that this trend began 8 years ago?  That's what you're inferring, but you offer no evidence.  This is the American tax environment and not bushes doing directly.  

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