Reddit thread debates deficit risk and corporate tax fairness
2 Oct 31 6:07 PM · 13d ago · 2 posts · 3 comments · 2 sources · development 2 of 2
The Fortune report was reposted to Reddit, drawing comments questioning the long-term sustainability of low corporate tax collection, the practicality of alternative tax structures, and the political hypocrisy of tax-avoiding executives.
“What is the end game of these corporations? What will happen when they debt continues to spiral and the government can no longer afford basic services and infrastructure upkeep?”
LastOneSergeant, Reddit commenter · reddit ↗Matt Gardner ITEP senior fellow, report coauthor
Donald Trump U.S. PresidentTesla Company named as paying zero current federal income taxInstitute on Taxation and Economic Policy (ITEP) Progressive think tank, report author
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What people said 5 voices · verbatim
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That's called VAT and we already have that. If you mean an actual revenue tax, that's been tried and abandoned. It gives a huge competitive advantage to large corporations over small and medium businesses because it favours vertical integration.
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U
https://www. europesays.com/us/1156035/ Think tank: 114 companies paid no current federal income tax but still aren’t biggest hit to deficit # Business # CorporateProfits # Taxes # UnitedStates # UnitedStates # US
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Elon paid 500 mln, this election cycle. How much is his income? Jeff income is basically 100k a year, did you think he pay with it? So 2 of the most famous don't use income to pay for their expenses. Checkmate atheist.
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What is the end game of these corporations? What will happen when they debt continues to spiral and the government can no longer afford basic services and infrastructure upkeep?
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Thinking about all the money Elon put into the elections, because he loves democracy, but not enough to support it financially. That job is for the taxpayers…
All 2 developments of ITEP: 114 top companies paid zero federal income tax in… →
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