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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (853071)	4/29/2015 12:08:12 PM
From: Wharf Rat	2 Recommendations Read Replies (3) of 1575549

"The existence of the corporate income tax is just about as stupid a policy as we could have at this point in time" The relative non-existence of that tax is the stupid policy. Why is it that "corporations are people, my friend" until it is time to pay income taxes? FLASHBACK: Ronald Reagan Raised Corporate Taxes To Force Tax Dodgers To ‘Pay Their Fair Share’ In the middle of his presidency, then-president Ronald Reagan learned that a number of big corporations, including his former employer, General Electric, were completely escaping paying federal corporate income taxes. “I didn’t realize things had gotten that far out of line,” Reagan told his Treasury secretary, Donald T. Regan, according to his 1988 memoir. = These 26 Companies Pay No Federal Income Tax Posted: 02/26/2014 11:55 am EST Updated: 03/06/2014 2:59 pm EST huffingtonpost.com

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