Quote:
Originally Posted by pompousjohn
My 4 US companies generally pay zero tax as well, because all the income passes through to my personal 1040 and I pay it as personal income tax.
Not paying corporate income tax is not the same as not paying any taxes.
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EXACTLY.
Let's also keep in mind these companies pay LOT's of taxes for the people they employe.
Heck 50% of Americans do Not pay income taxes, and Many get thousands back they never paid in..... (if we are talking INCOME tax only)
Spot on!