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Big Corporations Dodge Billions in State Taxes - politics

Some of the largest and most profitable Fortune 500 companies are paying little or nothing in state income taxes, according to a new study. The study, by the advocacy groups Citizens for Tax Justice and the Institute on Taxation and Economic Policy, examined 269 Fortune 500 companies that were profitable every year between 2008 and 2012. Collectively, the companies avoided $73.1 billion in state corporate income tax, according to the study. Ten companies avoided state taxes entirely over the five-year period. The study comes on the heels of another recent report by the same groups that found many Fortune 500 companies also pay extraordinarily low or no federal income tax. The new report found that 90 companies paid no state income tax at all in at least one year, and 38 companies avoided taxes in two or more years. Ten companies, including Boeing, Merck and Rockwell Automation, paid no state income tax at all over the five-year period covered by the study. The average weighted state corporate income tax rate is 6.25 percent, but the 269 companies paid an average rate of just 3.06 percent. The companies examined collectively avoided paying $73.1 billion in state corporate income tax. To view the study, visit http://ctj.org/90reasons/


TAGS: vik

politics Big Corporations Dodge Billions in State Taxes
vbattaile  #57636 Created March 22, 2014

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nothing says birth control like a Screaming Baby - politics

Why is it that almost half of U.S. adult pregnancies and a majority of teen pregnancies are unintended, even with many birth control alternatives on the market? Unfortunately, one reason is that access to affordable contraception continues to be a struggle for many women. If a woman does not have health insurance, birth control can simply be too expensive with costs ranging from $30-60 per month or up to $500 or more for a long-term method, plus the cost of a medical consultation and/or lab fees. Everyone needs access to adequate health care for all their needs; contraceptive coverage for all women is a good place to start.


TAGS: vik

politics nothing says birth control like a Screaming Baby
vbattaile  #56961 Created March 9, 2014

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Bandit5906 - December 13, 2015, 8:34 pm
How did mankind survive before 1963?
Pikeman - November 4, 2015, 3:31 pm
The male peepee does not have to get close to the female peepee to have satisfying ***ual relations.
prattman - July 9, 2015, 5:57 pm
close you legs
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Obama vs. Putin - politics

one of these guys spies on his entire country, executes people without trial, and uses drones to kill children. the other guy is Vladimir Putin.


TAGS: vik

politics Obama vs. Putin
vbattaile  #56767 Created March 4, 2014

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OBAMA...YOU CAN'T FAKE COMPETENCE FOREVER! - politics


TAGS: vik

politics OBAMA...YOU CAN'T FAKE COMPETENCE FOREVER!
vbattaile  #56200 Created February 22, 2014

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"stand your ground" laws - politics

are abused by "hotheads" who lack the ability to approach or work out problems like adults. Too bad Dunn didn't just drive away.


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politics
vbattaile  #56151 Created February 21, 2014

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