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Thread: $5.9 billion in profit = No 2013 federal taxes

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    Default $5.9 billion in profit = No 2013 federal taxes


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    Senior Member Franco's Avatar
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    It's such a shame that in the USA, defending Liberty has become such a heroic deed.

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    Military-Industrial-Complex that Eisenhower warned us about. The tyranny of bigness with their bands of roving lobbyists.

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    Senior Member swampcollielover's Avatar
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    Tax avoidance, unlike tax evasion, is legal. But many large companies push into legal grey areas with aggressive strategies designed to increase “tax efficiency”. This is nothing new and has been going on for over 50 years. Our corporate tax rate in the US is the largest in the world at 35%. If companies do not figure ways around this, we could not compete on the world market. As always, taxes cost jobs and profits to our country!

    Until or unless Congress drops the existing tax code and wipe the slate clean...nothing will change.

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    Senior Member Franco's Avatar
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    Boeing didn't pay 35% in Corporate taxes. Nor did they pay 20% or 10%. They paid zero!

    It is a lot cheaper for them to pay a Lobbying group millions to write a tax code and get their crony politicians to pass it.
    It's such a shame that in the USA, defending Liberty has become such a heroic deed.

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    Senior Member roseberry's Avatar
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    congraulations to the leadership at boeing on a tax plannning job well done.

    i only know of one kid who works for one of my subcontractors who has a better tax rate. he paid in nothing and got an $8,400 refund.
    john mccallie

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    Quote Originally Posted by roseberry View Post
    congraulations to the leadership at boeing on a tax plannning job well done.

    i only know of one kid who works for one of my subcontractors who has a better tax rate. he paid in nothing and got an $8,400 refund.
    Do your sediment only apply to corporate welfare recipients or do you extend them out to the individuals who play the system with the same zeal?

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    Quote Originally Posted by roseberry View Post
    congraulations to the leadership at boeing on a tax plannning job well done.

    i only know of one kid who works for one of my subcontractors who has a better tax rate. he paid in nothing and got an $8,400 refund.
    I guess, Congratulations to the kid on a tax planning a job well done too.

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    Quote Originally Posted by roseberry View Post
    congraulations to the leadership at boeing on a tax plannning job well done.

    i only know of one kid who works for one of my subcontractors who has a better tax rate. he paid in nothing and got an $8,400 refund.
    Corporation screwing around to not pay taxes= GOOD!!!!

    working class guy getting a tax refund = BAD!!!
    We should be happy that he got some extra jingle in his pocket. Sounds like he is as smart as the Boeing folks.

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    Quote Originally Posted by swampcollielover View Post
    Tax avoidance, unlike tax evasion, is legal. But many large companies push into legal grey areas with aggressive strategies designed to increase “tax efficiency”. This is nothing new and has been going on for over 50 years. Our corporate tax rate in the US is the largest in the world at 35%. If companies do not figure ways around this, we could not compete on the world market. As always, taxes cost jobs and profits to our country!

    Until or unless Congress drops the existing tax code and wipe the slate clean...nothing will change.
    Have you visited Colorado recently? Sounds like you are smoking some pretty good stuff.

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