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Reply to "Would a Republican please tell me why it is fair these corporations pay $0 taxes?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Large companies like Amazon are sick and tired of politicians who are incapable of writing effective tax law. Corporations have a duty to their shareholders: maximizing profits. They pay no taxes because the law lets them legally pay no taxes. No company is going to pay more than its competitors. Tax legislation written for the modern world that closes all the loopholes these corporations exploit would make them pay taxes.[/quote] Yes, the GOP could have done their "tax reform" so that it closed these loopholes. Yet they lowered corporate tax rates and lowered taxes on the ultrarich and now we have the result: soaring deficits and large companies like Amazon, IBM and Delta that are paying 0$ in taxes. MAGA! [/quote] In some ways it's nice they've pulled off the sheet and now we can see the GOP as the party of billionaires it's been for decades.[/quote] Did you mean “pulled off the hood”?[/quote]
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