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Why we call CBS et.al. "fake news" purveyors!

healthmyths

Platinum Member
Sep 19, 2011
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i was watching CBS Sunday Morning Show and they popped up the following meme.
60 of America's biggest companies paid no federal income tax in 2018
60 of America's biggest companies paid no federal income tax in 2018

Funny but again NO context regarding paying TAXES!
The majority of the below companies PAID employee Medicare/SS taxes at 6.2% of their pay.
Now I've gone a little further and found the number of employees of 35 of the 60 companies...readily recognized
companies and guess what.. THESE 35 companies paid nearly $6 billion in Taxes to the Federal government.

Now most ignorant people don't account for this share by employers BUT they don't seem to realize that the Federal government counts this as overall income from taxes!
sourcesofFederaltax2017.png


60companiestaxpayments.png
 
OMG, I wonder who wrote those tax laws? Maybe the dems can offer up tweaks to the tax code to pay for the $2T infrastructure and to lower the Debt? If the dems raise taxes too much on corporations they move out of the US.
 

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