Hutch Starskey
Diamond Member
- Mar 24, 2015
- 35,391
- 9,170
Seventy percent of partnership and S corporation revenue goes to bigApproximate 60% of our corporations are pass-through corporations and pay no corporate income tax.27 giant profitable companies paid no taxesAgain I'm a Republican. You're just flaming too much for me right now. Maybe some psychiatric help?
20% of big companies pay zero corporate taxes
The rest of them don't pay the full amount. They pay somewhere near zero and the full amount. I suspect it's much closer to zero, don't you?
You're referring to S Corps and LLCs. They are mostly the small corps, they aren't 60% of the market
businesses.
Seventy percent of partnership income comes from the financial industry and
holding companies.
Seventy percent of partnership and S corporation income goes to the top 1
percent of U.S. households by income.
https://www.google.com/url?sa=t&sou...hyp0cc1h9nLAFQeyw&sig2=bRl5LjpiwPJp5sa0HP3b6w
Um ... how is that money not being taxed? It goes through to owners INCOME statements. They have to pay massive taxes on that. The top 1% pay 40% of all taxes and the top 5% pay 60%. And you're claiming that's tax free? Geez, Al Jazzera, you have to pay more attention
That would then be personal income tax, not corporate tax.