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Originally posted by links234
Originally posted by KyleOrtonArmy
I thought we liberated ourselves from the British and threw their crappy tea into the harbor to escape tariffs, why did we create so many of them?
I believe you have a gross misunderstanding of the events surrounding the Boston Tea Party.
Taxation without representation. You have a representative of your congressional district, you are represented, if you failed to vote then you should not be concerned with what our government is doing.
Most Corporations Don't Pay Income Taxes Tuesday 12 August 2008 by: Richard Rubin | Congressional Quarterly
Small companies were much more likely to pay no taxes than larger companies. Still, more than 3,500 large domestic corporations - with more than $250 million in assets or $50 million in gross receipts - did not pay taxes in 2005.
As S corporations continue to grow in popularity, the share of federal revenue derived from the corporate tax will continue to fall. Income earned through an S corporation is taxed only once, whereas income earned through a C corporation is taxed twice: once through the corporate income tax, and again when investors pay individual income taxes on dividends. As the percentage of business activity conducted through S corporations increases, a larger portion of taxes will be collected through the personal income tax instead of the corporate income tax.
Corporations pay more taxes than you do
Originally posted by joeofthemountain
Taxes -- and government for that matter -- without the consent of the governed are illegitimate and are nothing more than robbery at gun point.
I'm pretty sure that Exxon's tax payment in 2007 of $30 billion (that's $30,000,000,000) is a record, exceeding the $28 billion it paid last year.
Exxon's Income Tax: $0 [UPDATED] — By Adam Weinstein | Mon Apr. 5, 2010 10:26 AM PDT
Not that this should shock anybody. In 2008, the New York Times discovered that one in four of the US's largest corporations regularly pay no income tax to the IRS, and billions are lost. Exxon's not alone: The Forbes article points out that General Electric avoided paying any income tax last year on profits of $10.3 billion.
Living off the radar is easier than one would think.
Originally posted by KyleOrtonArmy
I decided outside of sales tax i'm no longer paying any. Living off the radar is easier than one would think.
Originally posted by Anti-Evil
reply to post by Xtrozero
well that will work until you need a doctor - and everyone needs one now and then. in the healthcare bill I have been told they did not remove the provision for a doctor to see you he must have REAL ID. AKA RFID CHIP.
or microchip to even exam you. and from Mythbusters we learned that Corporate Financial companies are very protective of investigating RFID. why would we have a Law Requiring a RFID for medical treatment - and basically, blackmail to not tell you Financial Legal will squash any attempt at investigating the technology. Hummm, I smell day old Tuna.
Originally posted by KyleOrtonArmy
I decided outside of sales tax i'm no longer paying any. Living off the radar is easier than one would think.