hillbillypharmacist: What's missing from the equation is their lobbying profits. Which are stunning.
qorkfiend: I can see we're already done here.
Dr Dreidel: qorkfiend: I can see we're already done here.(Other than this,) this may be the first thread I lurk in with no intention of commenting. I just want to know how someone can defend this without exploding on the launchpad.// yes, lobbying is protected by 1A// no, that doesn't mean you get to do it (for|tax) free
Yogimus: Just because my greater expense is my rent doesn't mean that I don't care about the price of my car loan.
St_Francis_P: They're the Job Creators, and lobbyists are the jobs they're creating.
Mega Steve: Let's face facts: this country was bought and sold a long time ago. Corporations are in control, and very little can be done about itMaybe some day, the unwashed masses will rise up and overthrow our shiatty government, but I doubt it. We're too busy playing with our Chinese-made electronics to organize.
Cyno01: Corporations have a legal duty to their shareholders to maximize profits by any legal means necessary.
Wendy's Chili: Cyno01: Corporations have a legal duty to their shareholders to maximize profits by any legal means necessary.Do they?
Cyno01: The corporate tax rate in this country is like 35%... to balance the budget IIRC, would require something like 20% of the GDP. Theyre not paying their 35%, theyre not even paying the 20%.Corporations have a legal duty to their shareholders to maximize profits by any legal means necessary. If some higher up at some company said "hey, were gonna do the right thing and play this above the board and actually pay what we owe and not exploit any loopholes...", well, there would be a new board the following day.
Mikey1969: These subsidies didn't just come about by accident-at least 30 Fortune 500 firms pay their lobbyists more than they pay in taxes.I've never understood this. I don't see how it makes good business sense. Same thing when people try and offset their taxes by making charitable donations(As opposed to those who actually donate because they care about helping). Since charitable contributions come off your taxable income, as opposed to the tax due, that means that they have to donate more than they would have paid in taxes int he first place. Once again, makes no sense whatsoever.
Citrate1007: It is an investment in the plutocracy that they've been creating for the last 30130 years.
Karac: Yogimus: Just because my greater expense is my rent doesn't mean that I don't care about the price of my car loan.That's not analagous.This is like you owing $500 a month to the bank for your car while at the same time bribing a teller $1000 a month to get out of making payments on the car loan.
TV's Vinnie: It's not about logic. It's about hatred. Seething, near-genocidal Hatred of the poor.They pine for the JP Morgan days when they could have their limos drive past shantytowns full of ragged starving children and laugh. They wish they were born 100 years earlier so they too could send in hordes of strikebusting goons into mining camps to murder anyone who dares to stand up for themselves.Murder the surplus population and enslave the survivors. That power fantasy drives them on each and every day.They will spend nearly half their total fortune so long as they can use their remaining half to rule over the rest of Humanity like Pharaohs.
Mikey1969: I've never understood this. I don't see how it makes good business sense.
way south: Because paying taxes doesn't buy you favorable legislation.
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