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Thread: Corporate Taxes? Taxes? $14 billion in profit - 57,000pg Return = ? Taxes
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11-18-11, 12:43 PM #1
Corporate Taxes? Taxes? $14 billion in profit - 57,000pg Return = ? Taxes
Corporate Taxes? Taxes? $14 billion in profit - 57,000pg Return = ? Taxes
= $0 Taxes if you're GE
GE Filed 57,000-Page Tax Return, Paid No Taxes on $14 Billion in Profits | The Weekly Standard
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11-18-11, 09:33 PM #6
Re: Corporate Taxes? Taxes? $14 billion in profit - 57,000pg Return = ? Taxes
Thats precisely why i say we need to go to a flat tax. It happens way to often. The loop holes allow those with money a way out of putting into the system. GE is far fromm the only company to do this and if im not mistaken this is like the 5th year for GE to pay 0. Shit some even got returns worth millions. The old threads thread for this when it was ttp had some good references.
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11-25-11, 12:10 PM #10
Re: Corporate Taxes? Taxes? $14 billion in profit - 57,000pg Return = ? Taxes
If I were them I'd do the same. If we want to solve this problem, then get rid of the loop holes and fix the system. I'm not going to fault someone for wanting to keep more of their money. I do it every year on my 1040
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