Three cheers for Nashville!

[Papa_Complex]

Originally Posted by Homeslice

I'd image that over the long run, that company's income tax is going to more than make up for any bribes the government paid.

The company's income tax? I think you mean the income tax of the employees.

[KSGregman]

Originally Posted by Homeslice

I'd image that over the long run, that company's income tax is going to more than make up for any bribes the government paid.

You need to get more familiar with how the game is played. Corporations don't pay taxes...not on real estate....and ESPECIALLY not on "income."

Any income we generate in North Carolina will be offset by losses in Malaysia....or Scotland. No, there will no "income" to tax, I can assure you of that. It's a "game"....Corporations wrote the rules (well, technically paid their hired politicians to write the rules but the effect is the same)...and it's a "game" they don't lose.

The EMPLOYEES of the facility will certainly pay taxes....and at a high rate too....33% or more, usually.

The "game" is long since lost and apparently you are only now becoming aware that a game was even being played?

I guess that saying is true....."What the American people DON'T know is what makes them the American people."

It's a fucking shame....but...it's true.

[Particle Man]

Originally Posted by Homeslice

I'd image that over the long run, that company's income tax is going to more than make up for any bribes the government paid.

It's already been said but, what company income tax?

[Homeslice]

I guess I'm not sure what you guys are talking about. Corporations do pay income tax, to both the feds as well as most states.

[Particle Man]

Originally Posted by Homeslice

I guess I'm not sure what you guys are talking about. Corporations do pay income tax, to both the feds as well as most states.

Most also get tax breaks, incentives, and loopholes that equal the amount they are supposed to pay as "income tax"

Edit: link didn't work. Oh well

[Homeslice]

Originally Posted by Particle Man

Most also get tax breaks that equal the amount they are supposed to pay as "income tax"

If you're talking about oil companies, yes. Everyone else........not really.

Unless you guys really think that state & local governments kiss all that corporate ass for nothing?

[Papa_Complex]

Originally Posted by Homeslice

If you're talking about oil companies, yes. Everyone else........not really.

Unless you guys really think that state & local governments kiss all that corporate ass for nothing?

Again, that's because of the money injected into the economy through salaries/income tax of the employees.

http://bigthink.com/ideas/19511

[Homeslice]

Originally Posted by Papa_Complex

Again, that's because of the money injected into the economy through salaries/income tax of the employees.

http://bigthink.com/ideas/19511

Your article talks about how multinationals structure their losses in the US and their profits overseas. It doesn't talk about what you're saying.

If you guys have proof that the average business pays zero net tax (after all the breaks and incentives have been subtracted) to its state of residence, then I'll agree with you.

And notice I said average company.......not just GE or the big huge ones like that.

[Particle Man]

New links:

http://dealbook.nytimes.com/2008/08/...ng-income-tax/

http://money.cnn.com/2008/08/12/news...rporate_taxes/

http://www.reuters.com/article/2008/...49465620080812

Still looking for the original lists and the amount paid.