GoFuckYourself.com - Adult Webmaster Forum - View Single Post - A big business should not have to pay ANY taxes!!!

ADL Colin · 10-15-2008, 12:27 PM

Like the idea in principal but then how you will make up the additional budget shortfall (We already have one)?

2008 tax receipts (2.66 trillion)
* $1.25 trillion - Individual income tax (47%)
* $927.2 billion - Social Security and other payroll taxes (35%)
* $314.9 billion - Corporate income tax (12%)
* $68.1 billion - Excise taxes
* $29.2 billion - Customs duties
* $25.7 billion - Estate and gift taxes
* $50.7 billion - Other
.

I'm thinking it is large corporations that pay almost all the corporate taxes. Exxon Mobil paid $38.9 billion in taxes last year. I believe about 30% of those taxes were paid to the US. That one company alone paid roughly 4% of all corporate taxes collected by every company in the US. Most small corporations pass their earnings through to their owners who pay individual taxes.

Let's not forget either that it is we who own companies like Exxon, Wal Mart, McD's and so on.

10-15-2008, 12:27 PM
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Like the idea in principal but then how you will make up the additional budget shortfall (We already have one)? 2008 tax receipts (2.66 trillion) * $1.25 trillion - Individual income tax (47%) * $927.2 billion - Social Security and other payroll taxes (35%) * $314.9 billion - Corporate income tax (12%) * $68.1 billion - Excise taxes * $29.2 billion - Customs duties * $25.7 billion - Estate and gift taxes * $50.7 billion - Other . I'm thinking it is large corporations that pay almost all the corporate taxes. Exxon Mobil paid $38.9 billion in taxes last year. I believe about 30% of those taxes were paid to the US. That one company alone paid roughly 4% of all corporate taxes collected by every company in the US. Most small corporations pass their earnings through to their owners who pay individual taxes. Let's not forget either that it is we who own companies like Exxon, Wal Mart, McD's and so on. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"