bripat9643
Diamond Member
- Apr 1, 2011
- 170,164
- 47,312
- 2,180
Divided by what, numskull? It's a scam. How is the effective tax rate calculated for a corporation that had a net taxable income of minus $10 billion?
You trying to be as stupid as the rabbit? You did it.
How the fuck do you pay taxes on a loss? ie, "corporation that had a net taxable income of minus $10 billion?"
That sentence doesn't even make sense. Net taxable income on a 10 billion loss. Good god you are dumb.
The drones who keep talking about "effective tax" rate obviously aren't using net taxable income to do the calculation. Otherwise they would come up with a tax rate of 35%, so they must be using gross revenues. If that's the case, then a company with a positive effective tax rate could easily have suffered a loss.
Of course, none of you turds will show how the calculation is done. Until you do, you're a bunch of lying assholes.
Tax rates are different than tax rebates or tax deductions.
Actual paid is what he is discussing.
26 top American corporations paid no federal income tax from 08 to 12 report RT USA
The process is America giving tax breaks for "good spending" and accountants manipulating the system just like a "Extreme Couponing".
The grocery store is surprised when they realized someone could buy a cart full for no money via an EXPLOIT.
Yet you don't seem to understand this on a bigger and more important scale..I mean, Pepco had a -33% tax rate last year after these adjustments......
Or perhaps you think America should allow Pepco to pay no taxes AND give them money..........
For a given taxable income, the tax paid should be the same. So if "effective tax rate" is based on taxable income, then what you guys are claiming is total fucking bullshit. You can't possible have a -33% tax rate if your taxable income is anything larger than zero. That's the law. Just check with your accountant.