Comments on: The GAO Study on Corporate Taxes and The Scapegoating of Corporations

By: Peter

Peter — Mon, 21 Mar 2011 13:21:48 +0000

Marc,

Thanks for visiting.

Every study I have read shows that the rich pay more than their “fair” share. Of course, people can spin those studies to their own advantage.

I don’t think you want the rich to pay more because they live in a society that makes it possible for them to be rich – the poor and the middle class live in the same society – but rather because they are successful in that society.

I think we should reward rather than punish people who support their own, do not become dependent on government and employee others.

By: Marc

Marc — Mon, 21 Mar 2011 06:24:18 +0000

You conveniently left out the part where the individuals getting the 20, 30, 40 mil–as bonuses–only pay 15% because they are considered “capital gains”.

Again, they are not paying their fair share, and I agree with the long, lost, conservative belief which says the wealthy should pay more than joe the plummer, because they have a responsibility to the same society that makes it possible for them to be this wealthy. Do you think they could be this successful in any other country? Didn’t think so.

By: Peter

Peter — Thu, 17 Feb 2011 15:33:32 +0000

Paul,

“How do I know you’re not doing the same, if you don’t give me a link to the study?”

You don’t.

By: Peter

Peter — Thu, 17 Feb 2011 15:27:53 +0000

Paul,

Go after whomever you like.

LLC is an accepted designation for tax purposes, but you file the results of your operations on either a Schedule C form, a partnership form or an S corporation form. There is no LLC tax form.

The Republicans get all of their really good ideas from me, not the other way around. Thanks for the compliment.

By: Paul

Paul — Tue, 15 Feb 2011 21:47:52 +0000

“As usual, cynical politicians are counting on Americans to not actually read the study.”

How do I know you’re not doing the same, if you don’t give me a link to the study?

By: Paul

Paul — Tue, 15 Feb 2011 21:40:21 +0000

So, instead of going after News Corp for tax evasion, I should go after Rupert Murdoch.

LLC is not an accepted designation for tax purposes. They must file under another designation, according to your own link.

Thanks, D. Lynn, for the clarity there!

And thank you, Republican Mouthpiece Blog! You’ve helped me so much, by showing plainly how you people try to obscure the truth.

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Repeal the Corporate Income Tax and Bring Those Jobs Back Home — Mon, 19 Jan 2009 01:55:19 +0000

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By: Peter

Peter — Sat, 25 Oct 2008 13:49:36 +0000

D. Lynn,

ALL corporations were included in the study, not just the C corporations.

And 66% of the corporations are S corporations that are not required to pay tax.

For statistics on S Corporations visit IRS S Corporation Stats

By: D. Lynn

D. Lynn — Fri, 24 Oct 2008 22:02:29 +0000

Huh. Am I understanding this correctly? The C Corps were covered in the study, so they’re the ones referred to in the study as “most paid no tax. ” Is there a way of finding out what the S and limited liability Corps paid in INDIVIDUAL tax?