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If corporations are people, they should pay income tax like people.
Corporations pay income taxes just like people do, and then all the profits are fully taxed a second time when they are distributed. Even money that is not profit is taxed again when it is paid out in salaries and when goods are purchased.
Corporations not paying taxes is one of those urban myths (lies) spread by the socialist sympathizers who have a political motivation.
Corporations pay income taxes just like people do, and then all the profits are fully taxed a second time when they are distributed. Even money that is not profit is taxed again when it is paid out in salaries and when goods are purchased.
Corporations not paying taxes is one of those urban myths (lies) spread by the socialist sympathizers who have a political motivation.
, and corporate personal property tax (Machinery, equipment, office and MIS related) make up an outsized portion of municipal personal property tax collections. That subsidizes the individual homeowner who benefits from a LOWER property tax bill.
Corporations pay income taxes just like people do, and then all the profits are fully taxed a second time when they are distributed. Even money that is not profit is taxed again when it is paid out in salaries and when goods are purchased.
Corporations not paying taxes is one of those urban myths (lies) spread by the socialist sympathizers who have a political motivation.
Corporations can avoid paying income taxes if they get the right deductions. That's not a "myth," that's a fact.
Doesn't really have anything to do with Wal-Mart. I mean, how much is Toys R Us, K-Mart, Best Buy, Booby Bop Whatever, paying? Probably the same. If you're tired of providing welfare, stop providing welfare. It's not that difficult.
That's fascinating. Not that it occurred. Death pools are completely common and totally legal.
What's fascinating is that there must be a statistically relevant difference in mortality rate that they're exploiting somehow. It could just be that Wal-Mart employees are poor and poor people statistically die younger than average, but that wouldn't give them much advantage because actuaries now that and account for it. Very interesting.
Yes, several companies from large grocery stores to banks do the same. The policies have been nick named
"dead peasant" insurance. Not all the employees who died were in poor health example: car accidents .
Corporations can avoid paying income taxes if they get the right deductions. That's not a "myth," that's a fact.
Deductions are expenses. Individual people get deductions for their expenses, too. Businesses only pay taxes on profits, not on their operating expenses. Not every penny that comes into a business is profit. In fact, very few of the pennies that come into a business are profit. Most of those pennies go to pay operating expenses like purchasing materials, paying salaries, rent, electricity, advertising, etc.
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, and corporate personal property tax (Machinery, equipment, office and MIS related) make up an outsized portion of municipal personal property tax collections. That subsidizes the individual homeowner who benefits from a LOWER property tax bill.
