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


To: dj55 who wrote (1469487)7/15/2024 7:02:54 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1572953
 
Dj55,
I owned several corporations for over 30 years and I paid taxes every year.
That's right, YOU paid those taxes. Income that you earned through those corporations got taxed, and therefore you had to pay them.

For large corporations, taxes don't come out of the pockets of the rich-ass executives. Instead, they come straight out of the profits that the corporations make. Those profits could have been reinvested toward expanding the company, or paying off shareholders, or raising salaries, or hiring new workers, but instead the IRS comes in and says, "You need to pay your fair share."

And by "fair share," that includes their "fair share" of the interest on a federal debt that continues to grow and grow. Now at $1T/year ...

Tenchusatsu