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The Water Cooler
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30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes
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<blockquote data-quote="SMS" data-source="post: 1675996" data-attributes="member: 42"><p>Perhaps in terms of the <em>Corporate Tax</em>, yes. But now go add up how much GE, it's employees, shareholders, sub-contractors, and suppliers paid in terms of payroll taxes, individual income taxes, tax on dividends, real estate taxes, fees, licenses, and taxes on sales/purchasing of goods and services all at the <em>federal, state, and local level</em>. </p><p></p><p>In short, tally up the impact a company like GE has on the economy in terms of goods/services produced and the full spectrum of taxation....not just the red herring of "Corporate Taxes". </p><p></p><p>Bet it all adds up to more taxes payed into the system and more productivity than all the OWS 'tards total income combined and way more than the $4.7 million received in subsidies.</p></blockquote><p></p>
[QUOTE="SMS, post: 1675996, member: 42"] Perhaps in terms of the [I]Corporate Tax[/I], yes. But now go add up how much GE, it's employees, shareholders, sub-contractors, and suppliers paid in terms of payroll taxes, individual income taxes, tax on dividends, real estate taxes, fees, licenses, and taxes on sales/purchasing of goods and services all at the [I]federal, state, and local level[/I]. In short, tally up the impact a company like GE has on the economy in terms of goods/services produced and the full spectrum of taxation....not just the red herring of "Corporate Taxes". Bet it all adds up to more taxes payed into the system and more productivity than all the OWS 'tards total income combined and way more than the $4.7 million received in subsidies. [/QUOTE]
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30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes
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