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Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers – and are keeping the money with the states’ approval, says an eye-opening report published on Thursday
Why do state governments do this? Public records show that large companies often pay little or no state income tax in states where they have large operations, as this column has documented. Some companies get discounts on property, sales and other taxes. So how to provide even more subsidies without writing a check? Simple. Let corporations keep the state income taxes deducted from their workers’ paychecks for up to 25 years
You gotta be kidding me. Is it time for the torches and pitchforks?
Funny how the Left condemns businesses for the very same practices union bosses do. Unions will be so stubborn as to lose a ton of jobs for their members, but the union bosses keep piling up the cash, but the Left still champions them.
This wouldnt be an issue if Liberals would wise up and stop taxing businesses.
Really? Do you have proof of that sunshine? Do you really think those businesses would just out of their own charity give people back that money? Perhaps you'd like to make a statement sometime that you can actually prove.
One has to see hwy they do this and what other states are doing. I the end its to draw those compnies who provide state insome thru other means such as property taxes and more taxes cong thru their empoloyees.The only way to get aroud it is for people to expect less sercie wihtout directly paying. For mnay they have relied too long on tax bases from inducxtry as well as high earners. its not a sustainable example overall which si why we need tax reform as special interest o both sides demands more accomadation .One should look at where the moent actually comes from to provide services i nfollowig the money trial.Want more money fro tne rish then expect them to contorl more of governamnt who relies on them for funding. Its lead to a elite class as always seen. Dependence means little really except to promise them a new chicken in every pot.
Really? Do you have proof of that sunshine? Do you really think those businesses would just out of their own charity give people back that money? Perhaps you'd like to make a statement sometime that you can actually prove.
what kind of proof are you expecting ?
action: no state income tax
reaction: company can't deduct and pocket "state income tax"
reaction: company can't deduct and pocket "state income tax"
I'm not taking a stand on either side here...
And there is your answer.
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