Thread: Peter Schiff: "I?m the 1%, Let?s Talk"
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Old 11-08-2011, 11:30 AM  
12clicks
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Join Date: Jan 2001
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Quote:
Originally Posted by Sunny Day View Post
Guess that's why GE paid no taxes last year. $5+ Billion in US Revenue and got a tax refund.
I spent one month beating Florida out of $3,000,000 in sales tax. For every tax law, there are a dozen loopholes. That means the company I worked for, put that much free cash in their bottom line.
Hell one day, using accounting, I made more than any of their 400+ national stores. This is a fortune 750 company. It's not magic.
people in the top 1% pay tax.
you can talk about GE and other fortune 500 companies all day long, when the money goes into a person's pocket, its taxed. if you live in NY and are in the top bracket, its taxed at 50%

anything else is a lie.
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