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Study: most corporations pay no U.S. income taxes
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11-12-2010, 06:09 AM
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tobia
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See Davey at least Richard's study can back up a claim by facts contained in the article, wheras in yours the facts in your article don't back up your claim. As to Richard's article it is mostly pointless as it includes very small corporations that skew numbers when trying to make a point about big business.
1>Corporations that fail in the first year obviously don't pay income tax
2>Many Corporations never make a profit before going out of business after several years.
3>Many profitable small Corporations don't pay Corporate tax but the individuals that own them pay taxes on the Corporate profits on their individual income tax forms.
Including all these small corporations significantly dilutes any point you were trying to make about big business.
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