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iShares Silver Trust Message Board

  • jupiterspinning jupiterspinning Mar 3, 2013 12:30 PM Flag

    Most big corporations pay zero income tax


    Imagine making billions of dollars and actually getting a refund of millions? Companies like GM, Verizon and Fed Ex are a few examples that pay no income tax. They dodge taxes by loopholes, offshore banks and other tricks. I have to add my opinion that there should be no income tax during times of peace, but why are middle class shouldering the burden when these corporations get away with no tax?

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    • The tax savings of these companies should be passed on to their employees through better profit sharing. After a company has laysoffs the remaining employees should be given a raise(before the CEO gets a bonus) since they are doing the work of more people. They don't know how to share profits. Thats fine. If I don't like it I will stop buying their products.

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