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Re: Taxation [message #355588 is a reply to message #355462]

Thu, 23 October 2008 20:32

nikki6ixx
Messages: 2545
Registered: August 2007

Karma:

General (2 Stars)

It'd probably be more prudent to go after the companies that don't even pay taxes to the government, while still operating in the country.

http://www.reuters.com/article/newsOn/idUSN1249465620080812?sp=true

Quote:

The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.

Quote:

More than half of foreign companies and about 42 percent of U.S. companies paid no U.S. income taxes for two or more years in that period, the report said.

Quote:

The study showed about 28 percent of large foreign corporations, those with more than $250 million in assets, doing business in the United States paid no federal income taxes in 2005 despite $372 billion in gross receipts, the senators said. About 25 percent of the largest U.S. companies paid no federal income taxes in 2005 despite $1.1 trillion in gross sales that year, they said.

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[Message index]

		Taxation By: Quackpunk on Wed, 22 October 2008 19:22
		Re: Taxation By: GEORGE ZIMMER on Wed, 22 October 2008 19:37
		Re: Taxation By: Ryan3k on Thu, 23 October 2008 20:25
		Re: Taxation By: cheesesoda on Wed, 22 October 2008 19:45
		Re: Taxation By: Rocko on Wed, 22 October 2008 21:51
		Re: Taxation By: Quackpunk on Wed, 22 October 2008 22:03
		Re: Taxation By: u6795 on Thu, 23 October 2008 11:53
		Re: Taxation By: GoArmy44 on Sun, 26 October 2008 00:45
		Re: Taxation By: cheesesoda on Thu, 23 October 2008 12:19
		Re: Taxation By: futura83 on Thu, 23 October 2008 15:15
		Re: Taxation By: cheesesoda on Thu, 23 October 2008 20:30
		Re: Taxation By: w0dka on Sun, 02 November 2008 02:19
		Re: Taxation By: nikki6ixx on Thu, 23 October 2008 20:32
		Re: Taxation By: u6795 on Fri, 24 October 2008 03:37
		Re: Taxation By: cheesesoda on Sun, 26 October 2008 07:54
		Re: Taxation By: cheesesoda on Sun, 02 November 2008 06:44
		Re: Taxation By: Herr Surth on Sun, 02 November 2008 06:46
		Re: Taxation By: cheesesoda on Sun, 02 November 2008 06:54
		Re: Taxation By: Doitle on Mon, 03 November 2008 21:25
		Re: Taxation By: Herr Surth on Tue, 04 November 2008 05:54
		Re: Taxation By: cheesesoda on Tue, 04 November 2008 07:20
		Re: Taxation By: Doitle on Tue, 04 November 2008 11:44
		Re: Taxation By: Spoony on Tue, 11 November 2008 11:02

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