Just remember ellen_001, we the purchasers actually pay the corporation taxes, the price of whatever we're purchasing includes a certain amount for the income tax the corporation eventually pays. I owned a retail business for 15 years and when we calculated the price of an item to sell to the customer, we included our income tax, overhead, etc. in the markup. Corporations do the same. Blame the CPAs for the Accounting standards which give a company a loss, by changing their accounting methods, or moving income out of the U.S., as Judge Learned Hand stated in a ruling handed down in a tax case, "Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound t...

Just remember ellen_001, we the purchasers actually pay the corporation taxes, the price of whatever we're purchasing includes a certain amount for the income tax the corporation eventually pays. I owned a retail business for 15 years and when we calculated the price of an item to sell to the customer, we included our income tax, overhead, etc. in the markup. Corporations do the same. Blame the CPAs for the Accounting standards which give a company a loss, by changing their accounting methods, or moving income out of the U.S., as Judge Learned Hand stated in a ruling handed down in a tax case, "Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."

It comes out to the same when you realize they take all the benefits of operating in a state, region or nation without paying a red cent. Yes I am well aware of what the law says, but that doesn't mean it is right. And while I respected the good judge (and he was a good judge) I have to disagree on this point. Corporation are the straw men of the law, they can not exist without goverment sanction (that is what incorporation is all about). If you reduce your tax burden to zero by manipulating the system (and making it all nice an legal) then you should not receive any of the benefits payed for by taxpayers. No police should answer calls about break ins or theft, no firemen should respond to t...

It comes out to the same when you realize they take all the benefits of operating in a state, region or nation without paying a red cent. Yes I am well aware of what the law says, but that doesn't mean it is right. And while I respected the good judge (and he was a good judge) I have to disagree on this point. Corporation are the straw men of the law, they can not exist without goverment sanction (that is what incorporation is all about). If you reduce your tax burden to zero by manipulating the system (and making it all nice an legal) then you should not receive any of the benefits payed for by taxpayers. No police should answer calls about break ins or theft, no firemen should respond to the four alarm fire in your warehouse. And you don't get to sue in the courts or act as if you are a person under the law.

Maybe it is time to change the law.

Again, lots of people (the poor receiving earned income credit) do not pay taxes, therefore according to ratilfar, the police/firemen should not answer calls to their neighborhoods for break-ins, murders, arson, etc. because they pay no taxes either. I'm sorry, but one only has to look to the John D. Rockefeller fortune to see that one can arrange ones affairs to lessen the tax burden. Yes, especially J.D. Rockefeller Jr. set up charitable foundations and gave away lots of money, but to this day the trust entity (person under the tax law), still makes money and pays taxes. So again, blame the CPA's accounting standards, blame the encyclopedia tax law, but if a corporation legally does not...

Again, lots of people (the poor receiving earned income credit) do not pay taxes, therefore according to ratilfar, the police/firemen should not answer calls to their neighborhoods for break-ins, murders, arson, etc. because they pay no taxes either. I'm sorry, but one only has to look to the John D. Rockefeller fortune to see that one can arrange ones affairs to lessen the tax burden. Yes, especially J.D. Rockefeller Jr. set up charitable foundations and gave away lots of money, but to this day the trust entity (person under the tax law), still makes money and pays taxes. So again, blame the CPA's accounting standards, blame the encyclopedia tax law, but if a corporation legally does not pay any taxes, its only their business and not yours to say how much they should pay.