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Don Morris · 07-29-2012, 01:19 AM

Before getting buried in a discussion of whether or not a corporation or industry receives a "subsidy", one needs to know if the entity or industry is a net tax payer or a net tax receiver. I really don't mind if a corporation pays no income tax. Consumers pay for everything at the time of purchase including taxes and profits anyway. This way maybe we can get a bit closer to knowing what the actual cost of the product is. Here is a good little article from Forbes [http://www.forbes.com/2010/04/01/ge-...ate-taxes.html] If I wanted to be really irked at an industry I'd look at the "green energy" industry. Then you would be really irked at the legislators who are enamored with this farce and spend your tax dollars with wreckless abandon trying to kick-start something that just isn't practical and won't pan-out.

07-29-2012, 01:19 AM	#37
Don Morris Junior Member Join Date: Dec 2009 Posts: 39 Likes: 5 Liked 69 Times in 9 Posts	Re: Evan Knoll what a loser! Before getting buried in a discussion of whether or not a corporation or industry receives a "subsidy", one needs to know if the entity or industry is a net tax payer or a net tax receiver. I really don't mind if a corporation pays no income tax. Consumers pay for everything at the time of purchase including taxes and profits anyway. This way maybe we can get a bit closer to knowing what the actual cost of the product is. Here is a good little article from Forbes [http://www.forbes.com/2010/04/01/ge-...ate-taxes.html] If I wanted to be really irked at an industry I'd look at the "green energy" industry. Then you would be really irked at the legislators who are enamored with this farce and spend your tax dollars with wreckless abandon trying to kick-start something that just isn't practical and won't pan-out.