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Political Discussion
Reply to "Would a Republican please tell me why it is fair these corporations pay $0 taxes?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Going back to the original question, I guess it's simply a matter of whether you consider tax-loss carry forwards fair or not. In years past, Amazon lost a lot of money. That would be like you having a negative income for the year. They basically get to net those losses against today's profits. Is that fair? I think so, but I suppose you can argue against it. [/quote] Why should taxpayers subsidize their losses? Poor people don't get tax breaks for going into debt- they get 30% APR credit card rates. [/quote] Oh Lordy. Poor people making less than $30k in "profits"/ income pay zero taxes -- in fact the government pays THEM!! You may want to take a basic business course :-)[/quote] They may benefit from the social safety net because that's part of the compact the US has with its citizens. We subsidize those who are in poverty. But no one has explained why we're subsidizing profitable corporations with billions in revenue.[/quote] Because those corporations are contributing to society with job creation, tax paying employees versus those that just use resources and give nothing back. [/quote]
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