60% of US Corporations Paid No Taxes - GoFuckYourself.com

titmowse · 04-06-2004, 04:25 PM

" WASHINGTON - More than 60% of U.S. corporations didn't pay any federal taxes for 1996 through 2000, years when the economy boomed and corporate profits soared, Tuesday's Wall Street Journal reported, citing the investigative arm of Congress."

link

High Quality · 04-06-2004, 04:26 PM

Where in texas are you?

tbabe · 04-06-2004, 04:27 PM

Well, im sure taxes were paid on all the money they paid employees, and on product they bought, and on investment gains, and on a dozen other things. So they got out of paying 1 tax, theres lots of backups.

titmowse · 04-06-2004, 04:29 PM

Quote:

Originally posted by High Quality
Where in texas are you?

are you gonna beat me up?

m00d · 04-06-2004, 04:30 PM

yeah, congress rescinded a lot of their powers back in the mid 90s because they had become an orwellian bureacracy using it's powers not for the taxpayer but for the government itself. i have been reading many stories lately saying that the current administration and congress are going to give them free rein again.

TheSaint · 04-06-2004, 04:32 PM

Yeah that makes good airtime on CNN but its bullshit. I have 4 corporations all making $1 a year, but they paid a fuck of a lot in payroll, sales, etc. taxes. And the profit all was paid to me the owner as salary where it got taxed like a motherfucker.

zentz · 04-06-2004, 04:32 PM

*chuckle politely*

Rictor · 04-06-2004, 04:37 PM

It's the offshore companies that get out of paying.

DR_PHIL · 04-06-2004, 04:39 PM

not only that they get TONS of kickbacks and bonuses from the government...Get yourself some lobbiests then tell us how much your corps pay

Jon · 04-06-2004, 04:40 PM

Woops! I knew I forgot to do something!

The Heron · 04-06-2004, 04:47 PM

Well shit, i'm not gonna pay anymore if nohahahaha else is!

Juicy D. Links · 04-06-2004, 04:49 PM

S Corps dont have to pay on the corp level but the officers have to on the personal level and that you can fudge around with

AlienQ - BANNED FOR LIFE · 04-06-2004, 04:52 PM

myjah · 04-06-2004, 07:20 PM

and the govt made up for it by charging me a shitload of taxes in place of those

BrentD · 04-08-2004, 07:12 AM

Taxes? Whats that?

Firehorse · 04-08-2004, 07:29 AM

Tax is one of my biggest expenditures!

MrBrian · 04-08-2004, 10:45 AM

wachovia bank who bought out about 10 banks of late , including first union and im sure had profits in the multi-billions last year, ended up getting back 270million in their tax return. if thats not fucked up, i dont know what is

KRL · 04-08-2004, 11:02 AM

The wealthy individuals and companies in this country very rarely pay a lot of taxes. They hire the best accounting wizards to cloud everything they do.

rounders · 04-08-2004, 11:04 AM

crazy

04-06-2004, 04:25 PM	#1
titmowse Confirmed User Industry Role: Join Date: Jan 2001 Location: TEXAS Posts: 5,320	60% of US Corporations Paid No Taxes " WASHINGTON - More than 60% of U.S. corporations didn't pay any federal taxes for 1996 through 2000, years when the economy boomed and corporate profits soared, Tuesday's Wall Street Journal reported, citing the investigative arm of Congress." link __________________ I still love everybody Last edited by titmowse; 04-06-2004 at 04:27 PM..

04-06-2004, 04:26 PM	#2
High Quality Confirmed User Join Date: Feb 2002 Location: Vegas Posts: 5,741	Where in texas are you? __________________ RecurCash.com - Averaging $38/sale with 60% revshare in the first 4 months alone! Convert your TEEN traffic today @ better than 1:500 guaranteed. ICQ me: 18287590!

04-06-2004, 04:27 PM	#3
tbabe Confirmed User Join Date: Dec 2003 Posts: 2,494	Well, im sure taxes were paid on all the money they paid employees, and on product they bought, and on investment gains, and on a dozen other things. So they got out of paying 1 tax, theres lots of backups. __________________ Still one of the best programs on the net. According to their banner, you can get rich.

04-06-2004, 04:32 PM	#6
TheSaint Confirmed User Join Date: Jun 2003 Location: Everywhere at once Posts: 991	Yeah that makes good airtime on CNN but its bullshit. I have 4 corporations all making $1 a year, but they paid a fuck of a lot in payroll, sales, etc. taxes. And the profit all was paid to me the owner as salary where it got taxed like a motherfucker. __________________ I have no signature

04-06-2004, 04:32 PM	#7
zentz Confirmed User Industry Role: Join Date: Nov 2003 Posts: 8,053	chuckle politely __________________ Programs that owe me money ---- Epassporte.com ~ $2700 \| Protraffic.com ~ $2600 \| XonDemand.com ~ $3000 Email: [email protected]

04-06-2004, 04:30 PM	#5
m00d So Fucking Banned Join Date: May 2002 Location: Parts Unknown Posts: 3,129	yeah, congress rescinded a lot of their powers back in the mid 90s because they had become an orwellian bureacracy using it's powers not for the taxpayer but for the government itself. i have been reading many stories lately saying that the current administration and congress are going to give them free rein again.

04-06-2004, 04:37 PM	#8
Rictor Old Timer Industry Role: Join Date: Jan 2001 Location: Indianapolis Posts: 12,208	It's the offshore companies that get out of paying.

04-06-2004, 04:39 PM	#9
DR_PHIL Confirmed User Join Date: Oct 2002 Location: Never visits the same thread twice Posts: 4,099	not only that they get TONS of kickbacks and bonuses from the government...Get yourself some lobbiests then tell us how much your corps pay

04-06-2004, 04:40 PM	#10
Jon Confirmed User Industry Role: Join Date: Jun 2002 Location: New York City Posts: 2,578	Woops! I knew I forgot to do something! __________________ WickedFire.com - Stay here. We don't need more of you. Not unless you have money, then, fine...

04-06-2004, 04:47 PM	#11
The Heron Confirmed User Industry Role: Join Date: Apr 2001 Location: Michigan Posts: 4,488	Well shit, i'm not gonna pay anymore if nohahahaha else is!

04-06-2004, 04:49 PM	#12
Juicy D. Links So Fucking Banned Industry Role: Join Date: Apr 2001 Location: N.Y. -Long Island -- Posts: 122,992	S Corps dont have to pay on the corp level but the officers have to on the personal level and that you can fudge around with

04-06-2004, 04:52 PM	#13
AlienQ - BANNED FOR LIFE best designer on GFY Join Date: Mar 2003 Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384 Posts: 30,307	LLC! __________________ NAKED HOSTING FTW!11 I'm On The INSANE PLAN $9.95/mo! \| The Alien Blog Adult News Worth Reading Updated Daily \| Content For Sale! 641 PICS 216 MINUTES OF VIDEO $350.00 \|ICQ: 78943384 \|

04-06-2004, 07:20 PM	#14
myjah Back in the harbor Industry Role: Join Date: Sep 2003 Posts: 11,482	and the govt made up for it by charging me a shitload of taxes in place of those __________________ VP of Marketing AVN Media Network Skype: AVNJill [email protected]

04-08-2004, 07:12 AM	#15
BrentD ZothNET.com Industry Role: Join Date: May 2003 Location: Central PA Posts: 1,422	Taxes? Whats that? __________________ WordPress Specialist Xenforo/IPS/VB Specialist https://www.zothnet.com

04-08-2004, 07:29 AM	#16
Firehorse Desire it and have it!!! Join Date: Apr 2002 Location: www.fuckwithfire.com ICQ 512915 Posts: 30,767	Tax is one of my biggest expenditures! __________________ MySweetEbony

04-08-2004, 10:45 AM	#17
MrBrian Confirmed User Join Date: Mar 2001 Posts: 1,215	wachovia bank who bought out about 10 banks of late , including first union and im sure had profits in the multi-billions last year, ended up getting back 270million in their tax return. if thats not fucked up, i dont know what is

04-08-2004, 11:02 AM	#18
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	The wealthy individuals and companies in this country very rarely pay a lot of taxes. They hire the best accounting wizards to cloud everything they do. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

04-08-2004, 11:04 AM	#19
rounders Confirmed User Join Date: Sep 2003 Location: p0rn0stars & h0es Posts: 2,931	crazy __________________ ICQ#: 153923840