signs of the times

genkaku

compassionate_warrior

Well...I do remember when they paid no taxes. They still don't, as non-profit organizations. They depend, in fact, on corporate generosity, in part.

vinlyn

Well...I do remember when they paid no taxes. They still don't, as non-profit organizations. They depend, in fact, on corporate generosity, in part.

Gee, that's funny...I was a teacher and then a school administrator. I paid full taxes just like everyone else. Every year.

And when did the stock market become a non-profit organization that didn't pay taxes?

And Planned Parenthood (of which I don't approve getting government subsidies, by the way) never got "trillions of dollars", nor did NPR.

compassionate_warrior

Planned Parenthood, NPR and PBS, I was referring to.

person

Tax bills for 5 corporate giants
4 of 5General Electric: -$1.1 billion
• GE: 7,000 tax returns, $0 U.S. tax bill
GE doesn't break out taxes at the federal, state and international levels.

General Electric didn't have to pay the IRS a dime of income tax in 2009. That's because the company's financial services division lost a boatload of money, giving GE a tax break it used to offset income from its other business lines.

"This is the first time in at least decades that GE has reported negative U.S. pretax income, and it reflects the worst economy since the Great Depression," said Anne Eisele, GE's director of financial communications.

GE also books most of its profit overseas, where it can defer taxes indefinitely. The unusual combination of a U.S. loss and postponed international taxes left GE with a $1.1 billion benefit to its bottom line from taxes -- and an effective tax rate of negative 10.5%, a nice break from the 5.3% tax rate it recorded in 2008.


You can also see the bills for Walmart, Exxon, Chevron, and Bank of America here.

http://money.cnn.com/galleries/2010/news/1004/gallery.top_5_tax_bills/index.html

zombiegirl

And Planned Parenthood (of which I don't approve getting government subsidies, by the way) never got "trillions of dollars", nor did NPR.

i wish you would. myself and many women i know would not be able to have regular cancer screenings (pap smears/breast exams) without planned parenthood. most insurances don't cover what they call, "women's health services" this is what my insurance told me. the cheapest price i could find without PP was $120. planned parenthood allows me to pay what i can afford based upon my income. since i have a history of female cancers in my family, this is very important to me.