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Politics : Politics of Energy

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To: J_F_Shepard who wrote (2000)8/25/2008 12:52:53 PM
From: Brumar89  Read Replies (1) of 86356
 
what percentage of corporations pay income taxes???

The vast majority of corporations are small closely held businesses whose owners arrange to have their income recognized only as individual income. Why would a small corporation subject itself to double taxation - first on the corporation, second on the individual owner? They don't.
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