Pulp Fiction

[Carl]

http://www.thenation.com/doc/20090420/hayes?rel=hp_currently

Prime example of corruption run rampant under Bush. Big corporations getting away with thievery.

[fallout2600]

:sleep::sleep::026::026::sleep::sleep:

[Carl]

I know it can be hard to accept the truth, but, you'll feel better.

[fallout2600]

You act like this has type of corruption hasn't been going on for years prior to Bush.

[Carl]

It was but he did nothing to stop it. Obama is addressing the issues head on.

[vurbano]

It was but he did nothing to stop it. Obama is addressing the issues head on.

By filling his cabinet with tax cheats and lobbyists?

[msmith198025]

By filling his cabinet with tax cheats and lobbyists?

That is a good point. How is he stopping it Carl?

[Carl]

By putting regulations in place to stop it before it happens and no longer allowing corporations to get away with paying nexct to nothing in taxes are a couple

[HDRoberts]

Give Obama time. We can't blame Bush for something that happened in September of his first year because that was too early in the administration, but we can blame Obama for something that happens in April?

[fallout2600]

By putting regulations in place to stop it before it happens and no longer allowing corporations to get away with paying nexct to nothing in taxes are a couple

You're insane, corporations pay a ton in taxes. We have the highest tax rate in the world on our corporations. Even more tax than China. Where do you get the idea that corporations are tax-exempt? :augentreher:

[Carl]

I did not say tax exempt. I said they pay next to nothing. With all he loopholes they have, they make out like bandits.

[fallout2600]

I did not say tax exempt. I said they pay next to nothing. With all he loopholes they have, they make out like bandits.

Which loopholes are you referring to?

[HDRoberts]

Which loopholes are you referring to?

Well, one allows corporations to move profits offshore to low taxing areas

http://www.cfo.com/article.cfm/3193465?f=search

http://www.smartmoney.com/investing/economy/high-corporate-tax-rate-is-misleading-22463/

If the US actually collected the 39%, we would have no trouble paying for the stimulus.

[fallout2600]

Well, one allows corporations to move profits offshore to low taxing areas

http://www.cfo.com/article.cfm/3193465?f=search

http://www.smartmoney.com/investing/economy/high-corporate-tax-rate-is-misleading-22463/

If the US actually collected the 39%, we would have no trouble paying for the stimulus.

I would have to agree, the subsidiary loophole needs to be closed. That's valid tax money that is getting "stolen" from our treasury.

[Carl]

Well, one allows corporations to move profits offshore to low taxing areas

http://www.cfo.com/article.cfm/3193465?f=search

http://www.smartmoney.com/investing/economy/high-corporate-tax-rate-is-misleading-22463/

If the US actually collected the 39%, we would have no trouble paying for the stimulus.

:thumbup::thumbup: