'Occupy' types

[JoeRedskin]

Originally Posted by firstdown

The problem with articles like that they give numbers and not many facts. They say that 280 of the biggest Corporations paid lower taxes but how many Corps did they actually review and how many paid more. Also how many cut their tax rates by doing things like Boeing did by hiring 9000 American workers (that's why I'm for taxs breaks for corps that hire because its more effective then just trying to dump 700 billion into creating jobs).

"Boeing officials said they, too, had paid some federal taxes, but would not say how much. They said they had lowered their rate by taking advantage of tax breaks intended to encourage hiring. Chaz Bickers, a company spokesman, said Boeing hired 9,000 American workers this year"

I don't have a problem making corps pay their far share and I don't have a problem hitting corps who move their office over seas to avoid paying taxes. I personally don't even understand how corps are taxed. I know they pay payroll taxes, and other taxes on purchases and stuff but if the corp passes the profits over to the stock holders what is left to tax? I've tried to look it up but never found anything that explains how they are taxed. I do understand how S corps are taxed because I am an S corp.

Although I see where your confusion comes from about how many companies were studied - the opening line of the article lumps all 280 companies as failing to meet the 35% rate.

Here is the actual study and makes it clear that the study was of 280 companies - some of which paid the full 35% and some of which did not (I think the 18.5% was apparently an average of all the companies): http://www.ctj.org/corporatetaxdodge...gersReport.pdf