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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (433838)11/8/2008 9:26:45 AM
From: i-node1 Recommendation  Read Replies (2) | Respond to of 1573925
 
Corporations don't pay taxes.

Its customers pay them.

If you eliminated the corporate income tax tomorrow, the price of gasoline at the pump would drop by 40% tomorrow.

That's the way it works.



To: Alighieri who wrote (433838)11/8/2008 12:06:27 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1573925
 
Al, > I pay more than 41% in taxes on my "profits"...

Wow that's pretty steep. You must be above the $250K/year bracket.

When you can prove to me that ExxonMobil pays a lower percentage in taxes than most other profitable corporations, let me know.

Tenchusatsu


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