In Which the CEO Takes a Meeting with His Pet Senator

The Biden Administration would like to increase corporate taxes. Big companies complain that the US has one of the highest corporate tax rates in the world, which is true. What they don’t like to talk about, and it’s also true, is that there are so many loopholes and deductions that they pay some of the lowest taxes in the world. Many large companies like Apple computer pay no taxes at all.

1 Comment. Leave new

  • alex_the_tired
    April 12, 2021 9:56 AM

    The quickest fix would be to make avoidance of taxes by corporations a treasonous act. Put Tim Cook in 23-hour-a-day solitary and watch how fast Apple would start kicking in its fair share. Imagine locking up Mark Zuckerberg. Oh, I don’t care if Facebook pays taxes, I just like the thought of Mark Zuckerberg being put in prison. And have the courts order Jack Dorsey to shave off that idiotic beard: you run a social media platform, not a cough drop company.

    Just wondering if those copies of “The Stringer” have been mailed out yet?

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