General Discussion

Bonhomme Richard

(9,561 posts) Tue Sep 18, 2012, 01:01 PM Sep 2012

Here we go Mitt. Corporation taxes paid.

"A GAO study found that in every year from 1998 to 2005, approximately 55 percent of large corporations paid no corporate income tax. ** But just 2.7 percent of large corporations reported no net tax liability in all eight of those eight years. This reflects a similar pattern as applies to families and individuals — those who do not pay income tax in a given year often do pay income tax over time."

http://www.cbpp.org/cms/index.cfm?fa=view&id=3505

2 replies

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Here we go Mitt. Corporation taxes paid. (Original Post) Bonhomme Richard Sep 2012 OP

Outside of the endless wars BumRushDaShow Sep 2012 #1

But corporations are people, so maybe VWolf Sep 2012 #2

BumRushDaShow

(172,256 posts)

1. Outside of the endless wars

Reply to Bonhomme Richard (Original post)

Tue Sep 18, 2012, 01:03 PM

Sep 2012

this is why the debt is so high. Shrinking revenue.

VWolf

(3,944 posts)

2. But corporations are people, so maybe

Reply to Bonhomme Richard (Original post)

Tue Sep 18, 2012, 01:27 PM

Sep 2012

the 55% of these corporations contribution to the overall 47% of the mooch class.

Ow, my head hurts.

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