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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][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] Maybe you should take a basic accounting course. 0% tax bracket ends at $10k; standard deduction is $12k. A person making $22k a year pays more in taxes than Amazon. [/quote] Not true, dumbboy. Most people making $22k a year pay ZERO or NEGATIVE fed income tax -- look it up.[/quote] It sounds like you have a source. Why don't you share it?[/quote] There are many sources, lazy dude. Hint: start by researching how it is possible that 43% of American people play zero or negative federal income tax. Then if you want use some free tax software to see what you would pay in the real world, in a realistic scenario while making $22k...[/quote]
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