21 Nov 11
&feature=youtu.be
Bernie Sanders calls out the biggest corporations who either paid no taxes or got huge tax refunds last year.
1. Exxon Mobil
2. Bank of Americe
3. General Electric
4. Chevron
5. Boeing
6. Valero Energy
7. Goldman Sachs
8. Citigroup
9. Conoco Phillips
10. Carnival Cruise Lines
We'll give huge corporations billions in tax refunds while balancing the resulting budget deficit on the backs of the working class.
21 Nov 11
Originally posted by rwingettWell Goldman Sachs wouldn't be able to pay $15.3 billion to Creators if they had to pay taxes that would only benefit the Moochers and Parasites. http://www.guardian.co.uk/business/2011/jan/19/goldman-sachs-bankers-pay-bonuses
They either paid no taxes AND got a refund, or simply paid no taxes.
21 Nov 11
Originally posted by KazetNagorraLike their CEOs, for instance?
A corporation is not a person (contrary to what some Supreme Court judges might believe). I don't really have a problem with a corporation not paying high taxes, the problem comes when a corporation's profits are used to pay overpaid, unproductive employees who pay far too little taxes.
21 Nov 11
Originally posted by KazetNagorraThat could be employees at any level, from the janitor to the top executive, right?
A corporation is not a person (contrary to what some Supreme Court judges might believe). I don't really have a problem with a corporation not paying high taxes, the problem comes when a corporation's profits are used to pay overpaid, unproductive employees who pay far too little taxes.
21 Nov 11
Originally posted by normbenignYes. CEOs are as antiquated as the "divine" monarchs from ages past. In times hence, history will shake its head in wonder at how we were stupid enough to tolerate their perfidy for as long as we did.
Painting with a pretty broad brush. All CEOs fit that description?
21 Nov 11
1 edit
Originally posted by rwingettIf it's so easy why aren't you doing it?
Yes. CEOs are as antiquated as the "divine" monarchs from ages past. In times hence, history will shake its head in wonder at how we were stupid enough to tolerate their perfidy for as long as we did.
Also, why is it that the corporations that allowed employees to run the place all go under pretty fast?
21 Nov 11
Originally posted by normbenignWhy aren't I doing what?
If it's so easy why aren't you doing it?
Also, why is it that the corporations that allowed employees to run the place all go under pretty fast?
There are plenty of successful employee owned and operated companies in existence. Their numbers will continue to grow. They are the future.
21 Nov 11
1 edit
Originally posted by normbenignJust because there are few CEO jobs available doesn't mean that those who have the jobs are good at it. Most are mediocre at best, and the vast majority could be replaced by someone with more know-how making $100k. The skills you need to acquire a CEO job are very different from the skills you need to be a successful CEO, and only occasionally do the two coincide in the same person (Jack Welch is often cited as an example).
If it's so easy why aren't you doing it?
Also, why is it that the corporations that allowed employees to run the place all go under pretty fast?
21 Nov 11
Originally posted by KazetNagorraIs there any difference in the productivity and necessity of a good and effective CEO and a good janitor?
Sure, but the janitor pays less taxes, so if high incomes are taxed properly corporations will be punished for awarding a large amount of money to grabbers.
In my experience, nobody just grabs the money. Some CEO and other management hires are mistakes, as are some much lower level hires. I'm glad that you recognize that regardless of his unpopularity, the CEO already pays way more taxes than the janitor.