A blog by a "sucker" and a "loser" who served her country in the Navy.
If you're one of the Covidiots who believe that COVID-19 is "just the flu",
that the 2020 election was stolen, or
especially if you supported the 1/6/21 insurrection,
leave now.
Slava Ukraini!
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3 comments:
Yes, but what about all the payroll and sales taxes they paid? Corporations are political people, my friend. Well, except in criminal court. Also does not apply in Maryland, Connecicut or Rhode Island.
( ducks and covers head ).
Their customers pay sales taxes. The companies just collect them. If the companies are buying stuff for resale or as manufacturing components, they don't pay sales tax on those purchases.
Payroll taxes? They're not paying any stinking payroll taxes.
Well, I failed at trying to be the Devil's advocate. You're right again.
Companies do pay sales tax on stuff they buy - but you're right, other taxes are paid their employee.
As I understand it (dimly), corporations get out of paying income taxes by finding accounting rules showing them making little or no profit. Kind of like all the tax shelter rules the 1% enjoy.
It's good to play the game if you're the one writing the rules.
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