Godlike Productions - Discussion Forum
Users Online Now: 2,060 (Who's On?)Visitors Today: 1,716,699
Pageviews Today: 2,374,990Threads Today: 589Posts Today: 10,937
06:26 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

America’s Top 10 Corporate Tax Avoiders

 
Fhirinne
Offer Upgrade

User ID: 55761942
United Kingdom
05/21/2014 10:59 AM
Report Abusive Post
Report Copyright Violation
America’s Top 10 Corporate Tax Avoiders
6. Pfizer

Pfizer, one of the largest prescription drug companies in America, not only paid no federal income taxes from 2010 to 2012, it received $2.2 billion in tax refunds from the IRS at the same time it made $43 billion in profits worldwide.

In 2012, Pfizer stashed $73 billion in profits offshore and has used aggressive offshore tax strategies to avoid paying U.S. income taxes.

Ian Read, the CEO of Pfizer, made $17.7 million in total compensation last year.

Hank McKinnell, Jr., who was Pfizer’s CEO from 2001 to 2006, received a golden parachute from Pfizer worth an estimated $188 million.

[link to www.sanders.senate.gov]
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Fhirinne  (OP)

User ID: 55761942
United Kingdom
05/21/2014 11:00 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Caterpillar avoided $2.4 billion in taxes thanks to a reorganization that housed its most profitable business in Switzerland, according to a Senate report.

While the report, from the Senate Permanent subcommittee on Investigations, said Caterpillar had done nothing illegal, it criticized the manufacturing giant for trying to avoid paying U.S. taxes.

[link to thehill.com]
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Heinrich
User ID: 52722895
Germany
05/21/2014 11:01 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Don't forget Apple...

and Ralph Lauren
Anonymous Coward
User ID: 56215584
United States
05/21/2014 11:17 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Is what they are doing illegal if not why are you whining?????

If you had the ability you would avoid taxes too!!!

Do you complain about the people taking advantage of the welfare system??????????? Many of them are not doing it legally are you running THEM down to show us who they are????????


NO???? That makes YOU a HYPOCRITE!!!!!!!!!!!!!!!!!!!!!
Anonymous Coward
User ID: 55734279
United States
05/21/2014 11:19 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Is what they are doing illegal if not why are you whining?????

If you had the ability you would avoid taxes too!!!

Do you complain about the people taking advantage of the welfare system??????????? Many of them are not doing it legally are you running THEM down to show us who they are????????


NO???? That makes YOU a HYPOCRITE!!!!!!!!!!!!!!!!!!!!!
 Quoting: Anonymous Coward 56215584


So you support corporate empowerment?
Anonymous Coward
User ID: 54242803
United States
05/21/2014 11:21 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Is what they are doing illegal if not why are you whining?????

If you had the ability you would avoid taxes too!!!

Do you complain about the people taking advantage of the welfare system??????????? Many of them are not doing it legally are you running THEM down to show us who they are????????


NO???? That makes YOU a HYPOCRITE!!!!!!!!!!!!!!!!!!!!!
 Quoting: Anonymous Coward 56215584


corporations ruin small business. the people should get the same break
Molly McCluster
User ID: 40382661
United States
05/21/2014 11:31 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Is what they are doing illegal if not why are you whining?????

If you had the ability you would avoid taxes too!!!

Do you complain about the people taking advantage of the welfare system??????????? Many of them are not doing it legally are you running THEM down to show us who they are????????


NO???? That makes YOU a HYPOCRITE!!!!!!!!!!!!!!!!!!!!!
 Quoting: Anonymous Coward 56215584


legal---illegal---it's erelivant when these people lobby and buy the law...
it's a case of greed and gluttony...and what is truly right and wrong..
Molly McCluster
User ID: 40382661
United States
05/21/2014 11:34 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
There used to be regulations against this type of psychopathic, corporate gluttony...but they bought that law too....
Fhirinne  (OP)

User ID: 55761942
United Kingdom
05/21/2014 11:49 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Is what they are doing illegal if not why are you whining?????

If you had the ability you would avoid taxes too!!!

Do you complain about the people taking advantage of the welfare system??????????? Many of them are not doing it legally are you running THEM down to show us who they are????????


NO???? That makes YOU a HYPOCRITE!!!!!!!!!!!!!!!!!!!!!
 Quoting: Anonymous Coward 56215584


Last time I checked tax avoidance was a crime!

And also the last time I checked yes everyone wants to avoid tax but the people well they don't get tax rebates when they don't pay taxes do they or let off from paying tax do they, well unless they want to go up against the IRS and that don't turn out too well for the little people does it.

But I see people like you are okay with this but the people on welfare you are more than happy to serve up some whoop ass for them.

Last Edited by Fhirinne on 05/21/2014 11:52 AM
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Anonymous Coward
User ID: 55394223
United States
05/21/2014 11:49 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Is what they are doing illegal if not why are you whining?????

If you had the ability you would avoid taxes too!!!
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Spoken like a Malignant Psychopath wanna-be.

This is where the problem lies...

The ordinary Taxpayer a person of "modest means" has to compete with tax cheating parasites who can afford a "private army" of "Darwinian Selected" malignant psychopaths with zero conscience, morals, ethics, or civic responsibility.

While these Parasites live off a culture and society that was created to be representative of the "People" by the People and for the People.

The vermin use their resources to purchase legislation, lobbyists, and brain-washed deviants to support these atrocities.

And do this all at the expense of the ordinary taxpayer?
ac
User ID: 49477882
United States
05/21/2014 11:50 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
All people and corporations will avoid taxes if they can. You should be
whining about the hapless congress who does nothing to close the
corporate loop holes.
indiandave

User ID: 27213312
United States
05/21/2014 11:53 AM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Our country is run by corporations. the rich and big business will always get tax breaks. they are the job creators. look at how many jobs they have created. In China.
Anonymous Coward
User ID: 47320960
United States
05/21/2014 12:05 PM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
The U.S. tax code is the beast of revelations. Those that abuse it are literally the whores of Babylon that rides upon it. If you do not accept the mark of this beast (compliance) you are prohibited from being able to buy and sell. You will not be able to afford many things you need for survival unless you are able to write them off. Businesses can not hire you if you have tax problems. Yet IRS agents are the most concentrated, delinquent group of tax cheats in the USA.

The most intelligent person in the world, with 10 years of study could not fully understand the tax laws. Einstein could not do his own personal income taxes. (Truth!)

And if none of this strikes a chord with you, consider that the entire nuclear power industry could not exist if not for the current tax system to bail them out of catastrophes. G.E. and many other tax exempt companies built reactors around the world including fukishima.

If Americans were required to pay an itemized war tax, they would not have chosen to be involved in *ANY* of the wars of the 20th century, where tax fueled governments killed billions of innocent souls.
Molly McCluster
User ID: 40382661
United States
05/21/2014 12:06 PM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
Our country is run by corporations. the rich and big business will always get tax breaks. they are the job creators. look at how many jobs they have created. In China.
 Quoting: indiandave


the customers are the job creators....the idea that corporations are the God like job creators...is a self serving lie they themselves (and their useless idiot cronies) perpetuate in order to get"special laws and tax breaks" that they would other wise certainly have to follow.....Like you and I...beside...without their workers....they wouldn't exist to make all these profits in the first place....So it's the customers and the workers that really do it all....interesting how they completely flip flop this fact...and some imbeciles believe it.. Because some talking head like Bill O'reilly (the useful idiot type) said it's so...
Anonymous Coward
User ID: 58311511
United States
05/21/2014 12:11 PM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
6. Pfizer

Pfizer, one of the largest prescription drug companies in America, not only paid no federal income taxes from 2010 to 2012, it received $2.2 billion in tax refunds from the IRS at the same time it made $43 billion in profits worldwide.

In 2012, Pfizer stashed $73 billion in profits offshore and has used aggressive offshore tax strategies to avoid paying U.S. income taxes.

Ian Read, the CEO of Pfizer, made $17.7 million in total compensation last year.

Hank McKinnell, Jr., who was Pfizer’s CEO from 2001 to 2006, received a golden parachute from Pfizer worth an estimated $188 million.

[link to www.sanders.senate.gov]
 Quoting: Fhirinne


Here is the crux, Fhirinne. These bankers, CEO's etc are not doing anything illegal. They know the laws backwards and forwards and they know every loophole. How do you think these guys get away with it? How do you think a Harry Reid or a Diane Feinstein or the CEO of Pfizer can get away with paying no income tax at all? They are going by the book. They helped to create the loopholes to keep it all nice and legal. They know the laws and have an entire legion of attorneys and financial advisors soley for the purpose of figuring out new ways to game the system.
Fhirinne  (OP)

User ID: 55761942
United Kingdom
05/21/2014 12:19 PM
Report Abusive Post
Report Copyright Violation
Re: America’s Top 10 Corporate Tax Avoiders
6. Pfizer

Pfizer, one of the largest prescription drug companies in America, not only paid no federal income taxes from 2010 to 2012, it received $2.2 billion in tax refunds from the IRS at the same time it made $43 billion in profits worldwide.

In 2012, Pfizer stashed $73 billion in profits offshore and has used aggressive offshore tax strategies to avoid paying U.S. income taxes.

Ian Read, the CEO of Pfizer, made $17.7 million in total compensation last year.

Hank McKinnell, Jr., who was Pfizer’s CEO from 2001 to 2006, received a golden parachute from Pfizer worth an estimated $188 million.

[link to www.sanders.senate.gov]
 Quoting: Fhirinne


Here is the crux, Fhirinne. These bankers, CEO's etc are not doing anything illegal. They know the laws backwards and forwards and they know every loophole. How do you think these guys get away with it? How do you think a Harry Reid or a Diane Feinstein or the CEO of Pfizer can get away with paying no income tax at all? They are going by the book. They helped to create the loopholes to keep it all nice and legal. They know the laws and have an entire legion of attorneys and financial advisors soley for the purpose of figuring out new ways to game the system.
 Quoting: BioReaper


In all truth I just figured these companies bought most of congress with the money they lobby them with.

I just think it stinks they get away with it while little folk like the Browns was it? Who didn't pay taxes and got vocal about it were water boarded so it was said a few years ago.
You are the CEO of your own wellness. You need to take back your health from the disease-care system





GLP