Thread regarding Verizon Communications Inc. layoffs

US Corporate Taxes Are Too High?

So the CEO of Disney thinks corporate taxes are too high:

http://money.cnn.com/2016/06/09/news/disney-ceo-bob-iger-taxes/index.html

But I doubt he thinks CEO wages are too high or Disney ticket prices are too high. And he loves to hire H1B visa people .... just to sell Disney tickets. I'm sure that's an illegal use.

BTW, Lowell probably thinks the tax rate is too high too .... even though Verizon averages a -2% tax rate.

Somebody really needs to reign in these CEO and corporations and make them pay their fair share.

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Post ID: @OP+HOqWSub

5 replies (most recent on top)

Yeah. That was before they wrote off everything ! As a deduction

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Post ID: @1lvv+HOqWSub

VZ paid $9.8B in income tax for YE 2015. Just look at the SEC filings for 2015.

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Post ID: @1rwj+HOqWSub

Excellent response by the 2 posts below.. So would the OP like to keep them at the highest rate in the world and bleed more jobs as did NAFTA? Would it not make more sense to repatriate jobs to America to give people (especially in our crumbling inner cities) hope instead of enslaving them to welfare by the leftist moon bats? Oh right, can't do that as their votes must be bought. Trans Pacific will be NAFTA on steroids and the idiots will still vote for that witch who supports it because she is an agent of the globalist meeting in Dresden this week.

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Post ID: @rjp+HOqWSub

Highest in the industrialized world. Far left lunatics scream about europe at every chance, why not adopt their corporate tax rates?

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Post ID: @leg+HOqWSub

I think you missed the point. Did you read the whole article? He also says its too complex and loopholes need to be changed. If they close all the loopholes and yes lower corporate tax rate. It would be a win win. Cause even though they lower corporate tax rate, they wont be able to use the loopholes to lower even more. Like verizons -2 rate

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Post ID: @new+HOqWSub

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