Blacknessdefined’s Weblog

The Black Experience in America

Do Companies Pay Federal Income Tax

The answer is a resounding no.  When a politician like Barack Obama says he is going to tax big oil, why do we believe that will work.  Companies do not pay taxes you do.

Article: Companies don’t pay federal income tax.

Think about it.  Every tax the government imposes on companies gets passed on to the consumer, you.

Advertisements

August 13, 2008 - Posted by | Economics, power politics

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: