Corporations use loopholes to pay no tax

Daredevel7

Daredevel7

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Big corporations use loopholes, dodge taxes: Study - The Washington Post

These are the ones that actually get money BACK..... hence the negative numbers.
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What do you think? Do you think there is more to the story? Or does our tax system suck that much?
 
Reminds me of the old line that the current GOP president candidates are saying that the corporations tax rate is too high. Makes me wonder if the official tax rate is lowered will it change anything?
 
john57 said:
Reminds me of the old line that the current GOP president candidates are saying that the corporations tax rate is too high. Makes me wonder if the official tax rate is lowered will it change anything?
Click to expand...

yes, it means less money for government programs, budgets and payments of debts. USA is scarily in debt right now. To lower taxes, especially for the rich and corporations is not a good idea at this time.
 
sneaky sneaky sneaky!
 
Pepco is #1? Lol, oh god. Now there is an incompetent company if ever there was one. Consistently rated worst utility in the country, and anyone who lives in the DC area knows why. I'd accuse them of hoarding all the cash, but they're so inept I'm sure they squander every kickback they get away.
 
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