#GAO: Most corporations pay no taxes: AP now says tain't so.

[Kurt Nicklas]

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT KNOWING
WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from the
liar responsible for the original post.

http://www.examiner.com/a-1535135~Correction__Corporations_Income_Tax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.

Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate income
taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations that
did not pay federal income taxes in 2005. The report by the Government
Accountability Office actually said 25 percent of large U.S.
corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

Well, I'm certainly glad we got that cleared up.

Indeed!

[4635 Dead]

On Thu, 14 Aug 2008 15:14:33 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT KNOWING
WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from the
liar responsible for the original post.

http://www.examiner.com/a-1535135~Correction__Corporations_Income_Tax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.
Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate income
taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations that
did not pay federal income taxes in 2005. The report by the Government
Accountability Office actually said 25 percent of large U.S.
corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

In what way was I lying, Knickers.

This should be good.

And will my phone ring at 3am? Remember, I've got caller ID.

Post by Kurt Nicklas

Well, I'm certainly glad we got that cleared up.

Indeed!

[Kurt Nicklas]

Post by 4635 Dead
On Thu, 14 Aug 2008 15:14:33 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT KNOWING
WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from the
liar responsible for the original post.

http://www.examiner.com/a-1535135~Correction__Corporations_Income_Tax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.
Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate income
taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations that
did not pay federal income taxes in 2005. The report by the Government
Accountability Office actually said 25 percent of large U.S.
corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

In what way was I lying, Knickers.

Your headline stated that "most corporations pay no taxes". That's not
supported by the article you cite.

It's typical for you, Non-Citizen.

[Free Lunch]

On Thu, 14 Aug 2008 16:18:43 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

Post by 4635 Dead
On Thu, 14 Aug 2008 15:14:33 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT KNOWING
WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from the
liar responsible for the original post.

http://www.examiner.com/a-1535135~Correction__Corporations_Income_Tax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.
Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate income
taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations that
did not pay federal income taxes in 2005. The report by the Government
Accountability Office actually said 25 percent of large U.S.
corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

In what way was I lying, Knickers.

Your headline stated that "most corporations pay no taxes". That's not
supported by the article you cite.
It's typical for you, Non-Citizen.

Here's the GAO study, it says that most corporations do not pay taxes.

<http://www.gao.gov/new.items/d08957.pdf>

[Kurt Nicklas]

Post by Kurt Nicklas

Post by 4635 Dead
On Thu, 14 Aug 2008 15:14:33 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT
KNOWING WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from
the liar responsible for the original post.

http://www.examiner.com/a-1535135~Correction__Corporations_Income_T
ax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.
Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate income
taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations that
did not pay federal income taxes in 2005. The report by the
Government Accountability Office actually said 25 percent of large
U.S. corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

In what way was I lying, Knickers.

Your headline stated that "most corporations pay no taxes". That's not
supported by the article you cite.
==============================================
GAO report: Majority of U.S. corporations paid no federal income taxes
'98-'05
By ASSOCIATED PRESS
Originally published 08:15 a.m., August 12, 2008
Updated 08:15 a.m., August 12, 2008
WASHINGTON - Two-thirds of U.S. corporations paid no federal income
taxes between 1998 and 2005, according to a new report from Congress.
The study by the Government Accountability Office, expected to be
released Tuesday, said about 68 percent of foreign companies doing
business in the U.S. avoided corporate taxes over the same period.
Collectively, the companies reported trillions of dollars in sales,
according to GAO's estimate.
"It's shameful that so many corporations make big profits and pay
nothing to support our country," said Sen. Byron Dorgan, D-N.D., who
asked for the GAO study with Sen. Carl Levin, D-Mich.
An outside tax expert, Chris Edwards of the libertarian Cato Institute
in Washington, said increasing numbers of limited liability corporations
and so-called "S'' corporations pay taxes under individual tax codes.
"Half of all business income in the United States now ends up going
through the individual tax code," Edwards said.
The GAO study did not investigate why corporations weren't paying
federal income taxes or corporate taxes and it did not identify any
corporations by name. It said companies may escape paying such taxes due
to operating losses or because of tax credits.
More than 38,000 foreign corporations had no tax liability in 2005 and
1.2 million U.S. companies paid no income tax, the GAO said. Combined,
the companies had $2.5 trillion in sales. About 25 percent of the U.S.
corporations not paying corporate taxes were considered large
corporations, meaning they had at least $250 million in assets or $50
million in receipts.
The GAO said it analyzed data from the Internal Revenue Service,
examining samples of corporate returns for the years 1998 through 2005.
For 2005, for example, it reviewed 110,003 tax returns from among more
than 1.2 million corporations doing business in the U.S.
Dorgan and Levin have complained about companies abusing transfer prices
- amounts charged on transactions between companies in a group, such as
a parent and subsidiary. In some cases, multinational companies can
manipulate transfer prices to shift income from higher to lower tax
jurisdictions, cutting their tax liabilities. The GAO did not suggest
which companies might be doing this.
"It's time for the big corporations to pay their fair share," Dorgan
said.
____

   Facts one, NicklASS zero.

still waiting to hear all about YOUR business, Mitch, and how profitable it
is and the great bennies you offer your emploees, and with regards to this
particular thread, how high your business taxes are, because I'm sure you
are PROUD to report your contribution to the government from the profits of
YOUR company.........

Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.

He hates me for tagging him with that.

[Mitchell Holman]

news:9ddcfc1b-d76c-42d9-82f3-

..

Post by 4635 Dead
On Thu, 14 Aug 2008 15:14:33 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT
KNOWING WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from
the liar responsible for the original post.

http://www.examiner.com/a-1535135

~Correction__Corporations_Incom

e_T

Post by 4635 Dead

Post by Kurt Nicklas

ax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.
Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate

incom

e

Post by 4635 Dead

Post by Kurt Nicklas

taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations

tha

t

Post by 4635 Dead

Post by Kurt Nicklas

did not pay federal income taxes in 2005. The report by the
Government Accountability Office actually said 25 percent of large
U.S. corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

In what way was I lying, Knickers.

Your headline stated that "most corporations pay no taxes". That's not
supported by the article you cite.
=======================

======================>

GAO report: Majority of U.S. corporations paid no federal income taxes
'98-'05
By ASSOCIATED PRESS
Originally published 08:15 a.m., August 12, 2008
Updated 08:15 a.m., August 12, 2008
WASHINGTON - Two-thirds of U.S. corporations paid no federal income
taxes between 1998 and 2005, according to a new report from Congress.
The study by the Government Accountability Office, expected to be
released Tuesday, said about 68 percent of foreign companies doing
business in the U.S. avoided corporate taxes over the same period.
Collectively, the companies reported trillions of dollars in sales,
according to GAO's estimate.
"It's shameful that so many corporations make big profits and pay
nothing to support our country," said Sen. Byron Dorgan, D-N.D., who
asked for the GAO study with Sen. Carl Levin, D-Mich.
An outside tax expert, Chris Edwards of the libertarian Cato Institute
in Washington, said increasing numbers of limited liability

corporatio

ns

and so-called "S'' corporations pay taxes under individual tax codes.
"Half of all business income in the United States now ends up going
through the individual tax code," Edwards said.
The GAO study did not investigate why corporations weren't paying
federal income taxes or corporate taxes and it did not identify any
corporations by name. It said companies may escape paying such taxes

d

ue

to operating losses or because of tax credits.
More than 38,000 foreign corporations had no tax liability in 2005 and
1.2 million U.S. companies paid no income tax, the GAO said. Combined,
the companies had $2.5 trillion in sales. About 25 percent of the U.S.
corporations not paying corporate taxes were considered large
corporations, meaning they had at least $250 million in assets or $50
million in receipts.
The GAO said it analyzed data from the Internal Revenue Service,
examining samples of corporate returns for the years 1998 through

2005

.

For 2005, for example, it reviewed 110,003 tax returns from among more
than 1.2 million corporations doing business in the U.S.
Dorgan and Levin have complained about companies abusing transfer

pric

es

- amounts charged on transactions between companies in a group, such

a

s

a parent and subsidiary. In some cases, multinational companies can
manipulate transfer prices to shift income from higher to lower tax
jurisdictions, cutting their tax liabilities. The GAO did not suggest
which companies might be doing this.
"It's time for the big corporations to pay their fair share," Dorgan
said.
____

   Facts one, NicklASS zero.

still waiting to hear all about YOUR business, Mitch, and how profitable

it

is and the great bennies you offer your emploees, and with regards to

thi

s

particular thread, how high your business taxes are, because I'm sure you
are PROUD to report your contribution to the government from the profits

of

YOUR company.........

Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.

That beats your hobby of playing the part of group tattle-tale,
whining to other posters' ISPs when they post things he doesn't like.

"Wah wah boo hoo he offended me, kick him off"

How childish.




"I reported Gary Rosell for making just such a threat against
Katherine Harris a few years back. Got him thrown off his isp too."
Kurt Nicklas, 02/18/08, bragging about being the group tattle-tale.

[OneTwoThree]

news:9ddcfc1b-d76c-42d9-82f3-

..

Post by 4635 Dead
On Thu, 14 Aug 2008 15:14:33 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT
KNOWING WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from
the liar responsible for the original post.

http://www.examiner.com/a-1535135

~Correction__Corporations_Incom

e_T

Post by 4635 Dead

Post by Kurt Nicklas

ax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.
Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate

incom

e

Post by 4635 Dead

Post by Kurt Nicklas

taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations

tha

t

Post by 4635 Dead

Post by Kurt Nicklas

did not pay federal income taxes in 2005. The report by the
Government Accountability Office actually said 25 percent of

large

Post by 4635 Dead

Post by Kurt Nicklas

U.S. corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

In what way was I lying, Knickers.

Your headline stated that "most corporations pay no taxes". That's

not

supported by the article you cite.
=======================

======================>

GAO report: Majority of U.S. corporations paid no federal income

taxes

'98-'05
By ASSOCIATED PRESS
Originally published 08:15 a.m., August 12, 2008
Updated 08:15 a.m., August 12, 2008
WASHINGTON - Two-thirds of U.S. corporations paid no federal income
taxes between 1998 and 2005, according to a new report from Congress.
The study by the Government Accountability Office, expected to be
released Tuesday, said about 68 percent of foreign companies doing
business in the U.S. avoided corporate taxes over the same period.
Collectively, the companies reported trillions of dollars in sales,
according to GAO's estimate.
"It's shameful that so many corporations make big profits and pay
nothing to support our country," said Sen. Byron Dorgan, D-N.D., who
asked for the GAO study with Sen. Carl Levin, D-Mich.
An outside tax expert, Chris Edwards of the libertarian Cato

Institute

in Washington, said increasing numbers of limited liability

corporatio

ns

and so-called "S'' corporations pay taxes under individual tax codes.
"Half of all business income in the United States now ends up going
through the individual tax code," Edwards said.
The GAO study did not investigate why corporations weren't paying
federal income taxes or corporate taxes and it did not identify any
corporations by name. It said companies may escape paying such taxes

d

ue

to operating losses or because of tax credits.
More than 38,000 foreign corporations had no tax liability in 2005

and

1.2 million U.S. companies paid no income tax, the GAO said.

Combined,

the companies had $2.5 trillion in sales. About 25 percent of the

U.S.

corporations not paying corporate taxes were considered large
corporations, meaning they had at least $250 million in assets or $50
million in receipts.
The GAO said it analyzed data from the Internal Revenue Service,
examining samples of corporate returns for the years 1998 through

2005

.

For 2005, for example, it reviewed 110,003 tax returns from among

more

than 1.2 million corporations doing business in the U.S.
Dorgan and Levin have complained about companies abusing transfer

pric

es

- amounts charged on transactions between companies in a group, such

a

s

a parent and subsidiary. In some cases, multinational companies can
manipulate transfer prices to shift income from higher to lower tax
jurisdictions, cutting their tax liabilities. The GAO did not suggest
which companies might be doing this.
"It's time for the big corporations to pay their fair share," Dorgan
said.
____

Facts one, NicklASS zero.

still waiting to hear all about YOUR business, Mitch, and how profitable

it

is and the great bennies you offer your emploees, and with regards to

thi

s

particular thread, how high your business taxes are, because I'm sure

you

are PROUD to report your contribution to the government from the profits

of

YOUR company.........

Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.

That beats your hobby of playing the part of group tattle-tale,
whining to other posters' ISPs when they post things he doesn't like.
"Wah wah boo hoo he offended me, kick him off"
How childish.

NOTED: Mitch still refuses to detail his own business, the salaries and
bennies he pays his employees, and with reference to this particular thread,
still has nothing to say of the pride with which he pays generous business
taxes to the government.

"I reported Gary Rosell for making just such a threat against
Katherine Harris a few years back. Got him thrown off his isp too."
Kurt Nicklas, 02/18/08, bragging about being the group tattle-tale.

[Mitchell Holman]

Post by OneTwoThree

Post by Mitchell Holman

Post by Kurt Nicklas

still waiting to hear all about YOUR business, Mitch, and how profitable

it

is and the great bennies you offer your emploees, and with regards to

thi

Post by Kurt Nicklas
s

particular thread, how high your business taxes are, because I'm sure

you

Post by Kurt Nicklas

are PROUD to report your contribution to the government from the profits

of

YOUR company.........

Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.

That beats your hobby of playing the part of group tattle-tale,
whining to other posters' ISPs when they post things he doesn't like.
"Wah wah boo hoo he offended me, kick him off"
How childish.

NOTED: Mitch still refuses to detail his own business, the salaries and
bennies he pays his employees, and with reference to this particular
thread, still has nothing to say of the pride with which he pays
generous business taxes to the government.

Ain't it grand to see people hiding behind multiple
anonymous handles demanding personal information from
other posters?

You really ARE "no one important"....;)




From: "No One Important" <***@someplace.net>
NNTP-Posting-Host: 76.126.83.227

From: "OneTwoThree" <***@notverysmart.ru>
NNTP-Posting-Host: 76.126.83.227

[Gandalf Grey]

Post by Mitchell Holman

Post by OneTwoThree

Post by Mitchell Holman

Post by Kurt Nicklas

still waiting to hear all about YOUR business, Mitch, and how profitable

it

is and the great bennies you offer your emploees, and with regards to

thi

Post by Kurt Nicklas
s

particular thread, how high your business taxes are, because I'm sure

you

Post by Kurt Nicklas

are PROUD to report your contribution to the government from the profits

of

YOUR company.........

Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.

That beats your hobby of playing the part of group tattle-tale,
whining to other posters' ISPs when they post things he doesn't like.
"Wah wah boo hoo he offended me, kick him off"
How childish.

NOTED: Mitch still refuses to detail his own business, the salaries and
bennies he pays his employees, and with reference to this particular
thread, still has nothing to say of the pride with which he pays
generous business taxes to the government.

Ain't it grand to see people hiding behind multiple
anonymous handles demanding personal information from
other posters?
You really ARE "no one important"....;)

They remind me of imported stage-nazis demanding to see "papers, where are
your papers?"

[Kurt Nicklas]

Post by OneTwoThree

news:9ddcfc1b-d76c-42d9-82f3-

..

Post by 4635 Dead
On Thu, 14 Aug 2008 15:14:33 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT
KNOWING WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from
the liar responsible for the original post.

http://www.examiner.com/a-1535135

~Correction__Corporations_Incom

e_T

Post by 4635 Dead

Post by Kurt Nicklas

ax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.
Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate

incom

e

Post by 4635 Dead

Post by Kurt Nicklas

taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations

tha

t

Post by 4635 Dead

Post by Kurt Nicklas

did not pay federal income taxes in 2005. The report by the
Government Accountability Office actually said 25 percent of

large

Post by 4635 Dead

Post by Kurt Nicklas

U.S. corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

In what way was I lying, Knickers.

Your headline stated that "most corporations pay no taxes". That's

not

supported by the article you cite.
=======================

======================>

GAO report: Majority of U.S. corporations paid no federal income

taxes

'98-'05
By ASSOCIATED PRESS
Originally published 08:15 a.m., August 12, 2008
Updated 08:15 a.m., August 12, 2008
WASHINGTON - Two-thirds of U.S. corporations paid no federal income
taxes between 1998 and 2005, according to a new report from Congress.
The study by the Government Accountability Office, expected to be
released Tuesday, said about 68 percent of foreign companies doing
business in the U.S. avoided corporate taxes over the same period.
Collectively, the companies reported trillions of dollars in sales,
according to GAO's estimate.
"It's shameful that so many corporations make big profits and pay
nothing to support our country," said Sen. Byron Dorgan, D-N.D., who
asked for the GAO study with Sen. Carl Levin, D-Mich.
An outside tax expert, Chris Edwards of the libertarian Cato

Institute

in Washington, said increasing numbers of limited liability

corporatio

ns

and so-called "S'' corporations pay taxes under individual tax codes.
"Half of all business income in the United States now ends up going
through the individual tax code," Edwards said.
The GAO study did not investigate why corporations weren't paying
federal income taxes or corporate taxes and it did not identify any
corporations by name. It said companies may escape paying such taxes

d

ue

to operating losses or because of tax credits.
More than 38,000 foreign corporations had no tax liability in 2005

and

1.2 million U.S. companies paid no income tax, the GAO said.

Combined,

the companies had $2.5 trillion in sales. About 25 percent of the

U.S.

corporations not paying corporate taxes were considered large
corporations, meaning they had at least $250 million in assets or $50
million in receipts.
The GAO said it analyzed data from the Internal Revenue Service,
examining samples of corporate returns for the years 1998 through

2005

.

For 2005, for example, it reviewed 110,003 tax returns from among

more

than 1.2 million corporations doing business in the U.S.
Dorgan and Levin have complained about companies abusing transfer

pric

es

- amounts charged on transactions between companies in a group, such

a

s

a parent and subsidiary. In some cases, multinational companies can
manipulate transfer prices to shift income from higher to lower tax
jurisdictions, cutting their tax liabilities. The GAO did not suggest
which companies might be doing this.
"It's time for the big corporations to pay their fair share," Dorgan
said.
____

Facts one, NicklASS zero.

still waiting to hear all about YOUR business, Mitch, and how profitable

it

is and the great bennies you offer your emploees, and with regards to

thi

s

particular thread, how high your business taxes are, because I'm sure

you

are PROUD to report your contribution to the government from the profits

of

YOUR company.........

Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.

    That beats your hobby of playing the part of group tattle-tale,
whining to other posters' ISPs when they post things he doesn't like.
   "Wah wah boo hoo he offended me, kick him off"
   How childish.

NOTED: Mitch still refuses to detail his own business, the salaries and
bennies he pays his employees, and with reference to this particular thread,
still has nothing to say of the pride with which he pays generous business
taxes to the government.

Hollowman also likes to demand proof of military service from people
who dare to disagree with him. Of course, his only "service" is
posting military pictures to the military binaries groups and claiming
the pics are his.

[N***@Click.com]

On Mon, 18 Aug 2008 17:47:11 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas
Hollowman also likes to demand proof of military service from people
who dare to disagree with him. Of course, his only "service" is
posting military pictures to the military binaries groups and claiming
the pics are his.

Make any drunk crank calls lately, KNICKKKERS

CLICK !

[N***@Click.com]

On Mon, 18 Aug 2008 07:37:27 -0500, Mitchell Holman

Post by Mitchell Holman

Post by Kurt Nicklas
Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.

That beats your hobby of playing the part of group tattle-tale,
whining to other posters' ISPs when they post things he doesn't like.
"Wah wah boo hoo he offended me, kick him off"
How childish.
"I reported Gary Rosell for making just such a threat against
Katherine Harris a few years back. Got him thrown off his isp too."
Kurt Nicklas, 02/18/08, bragging about being the group tattle-tale.

Funny.

Knickas was whipped and beaten, ended up making Late
Night Crank calls, drunk and forgetting Caller ID.

Knicklas called IDT (one of the first Providers
offering reasonable service) and they laughed at him.

Knicklas was told (finally) that they were quitting
Internet providing and were removing their block-time
purchase for local dial-up. Causing Knickkkers to
concluded one of his thousands of immature, bogus
claims.

Knickkkers, after being outed as a crank caller, left
the net for years in shame.

[Kurt Nicklas]

news:9ddcfc1b-d76c-42d9-82f3-

..

Post by 4635 Dead
On Thu, 14 Aug 2008 15:14:33 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

On Thu, 14 Aug 2008 07:55:59 -0700 (PDT), Kurt Nicklas

More extreme corruption by US corporations.
Corruption that is screwing EVERY American.
Of course the CORPORATE NEWS IS A KEY PART OF AMERICANS NOT
KNOWING WHAT IS REALLY GOING ON IN AMERICA.
GAO: Most U.S. Corps. Don't Pay Income Tax
Posted by OhioChick on Tue Aug-12-08 07:59 AM

This was an erroneous story. AP has issued a correction.
I am forwarding the correction because you'll never see one from
the liar responsible for the original post.

http://www.examiner.com/a-1535135

~Correction__Corporations_Incom

e_T

Post by 4635 Dead

Post by Kurt Nicklas

ax...

Here's the correction that Knickers hope would prove the original

I never said, nor implied, that the original AP story was "lying in
intent", Porks.
Your headline "GAO: Most corporations pay no taxes:", was a lie,
however,
as is made clear by the correction.

WASHINGTON (Map, News) - In an Aug. 12 story about corporate

incom

e

Post by 4635 Dead

Post by Kurt Nicklas

taxes, The Associated Press reported erroneously that large
corporations accounted for 25 percent of the U.S. corporations

tha

t

Post by 4635 Dead

Post by Kurt Nicklas

did not pay federal income taxes in 2005. The report by the
Government Accountability Office actually said 25 percent of

large

Post by 4635 Dead

Post by Kurt Nicklas

U.S. corporations had no federal tax liability that year.

AP wasn't lying but you were. Nothing unusual there.

In what way was I lying, Knickers.

Your headline stated that "most corporations pay no taxes". That's

not

supported by the article you cite.
=======================

======================>

GAO report: Majority of U.S. corporations paid no federal income

taxes

'98-'05
By ASSOCIATED PRESS
Originally published 08:15 a.m., August 12, 2008
Updated 08:15 a.m., August 12, 2008
WASHINGTON - Two-thirds of U.S. corporations paid no federal income
taxes between 1998 and 2005, according to a new report from Congress.
The study by the Government Accountability Office, expected to be
released Tuesday, said about 68 percent of foreign companies doing
business in the U.S. avoided corporate taxes over the same period.
Collectively, the companies reported trillions of dollars in sales,
according to GAO's estimate.
"It's shameful that so many corporations make big profits and pay
nothing to support our country," said Sen. Byron Dorgan, D-N.D., who
asked for the GAO study with Sen. Carl Levin, D-Mich.
An outside tax expert, Chris Edwards of the libertarian Cato

Institute

in Washington, said increasing numbers of limited liability

corporatio

ns

and so-called "S'' corporations pay taxes under individual tax codes.
"Half of all business income in the United States now ends up going
through the individual tax code," Edwards said.
The GAO study did not investigate why corporations weren't paying
federal income taxes or corporate taxes and it did not identify any
corporations by name. It said companies may escape paying such taxes

d

ue

to operating losses or because of tax credits.
More than 38,000 foreign corporations had no tax liability in 2005

and

1.2 million U.S. companies paid no income tax, the GAO said.

Combined,

the companies had $2.5 trillion in sales. About 25 percent of the

U.S.

corporations not paying corporate taxes were considered large
corporations, meaning they had at least $250 million in assets or $50
million in receipts.
The GAO said it analyzed data from the Internal Revenue Service,
examining samples of corporate returns for the years 1998 through

2005

.

For 2005, for example, it reviewed 110,003 tax returns from among

more

than 1.2 million corporations doing business in the U.S.
Dorgan and Levin have complained about companies abusing transfer

pric

es

- amounts charged on transactions between companies in a group, such

a

s

a parent and subsidiary. In some cases, multinational companies can
manipulate transfer prices to shift income from higher to lower tax
jurisdictions, cutting their tax liabilities. The GAO did not suggest
which companies might be doing this.
"It's time for the big corporations to pay their fair share," Dorgan
said.
____

   Facts one, NicklASS zero.

still waiting to hear all about YOUR business, Mitch, and how profitable

it

is and the great bennies you offer your emploees, and with regards to

thi

s

particular thread, how high your business taxes are, because I'm sure

you

are PROUD to report your contribution to the government from the profits

of

YOUR company.........

Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.

     That beats your hobby of playing the part of group tattle-tale,
whining to other posters' ISPs when they post things he doesn't like.

So you agree with Rosell that Katherine Harris should be shot,
Hollowman?

    "Wah wah boo hoo he offended me, kick him off"
    How childish.

Not really. Calling for the death of a public figure isn't nice. I
reported him.
They threw him off and he got so mad at me he made up stories of how I
was making hundreds of hangup calls to his HUD apartment in the middle
of
the night. Funny how the details of his story used to change every few
months.

However, he hasn't made any further threats so I guess what I did may
have caused him to mend his ways.

BTW, if YOU ever make such a threat here I'll report you too. Got it?

"I reported Gary Rosell for making just such a threat against
Katherine Harris a few years back. Got him thrown off his isp too."
Kurt Nicklas, 02/18/08, bragging about being the group tattle-tale.

[N***@Click.com]

On Mon, 18 Aug 2008 17:05:52 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas

     That beats your hobby of playing the part of group tattle-tale,
whining to other posters' ISPs when they post things he doesn't like.

So you agree with Rosell that Katherine Harris should be shot,
Hollowman?

Are you agreeing that Harris was a Nazi?

Post by Kurt Nicklas

    "Wah wah boo hoo he offended me, kick him off"
    How childish.

Not really. Calling for the death of a public figure isn't nice. I
reported him.

Dozens of times, Knickkers. I still hear the laughter
at you.

Post by Kurt Nicklas
They threw him off and he got so mad at me he made up stories of how I
was making hundreds of hangup calls to his HUD apartment in the middle
of the night. Funny how the details of his story used to change every few
months.

Are you disputing the number, or that you made any at
all? I certainly didn't know anyone in North Carolina
except I recognized the name.

Post by Kurt Nicklas
However, he hasn't made any further threats so I guess what I did may
have caused him to mend his ways.

I have'nt stopped laughing at you since, Knicklas---

And I can't "mend" what never happened.

Post by Kurt Nicklas
BTW, if YOU ever make such a threat here I'll report you too. Got it?

Good, we'll all laugh at you again

Post by Kurt Nicklas

"I reported Gary Rosell for making just such a threat against
Katherine Harris a few years back. Got him thrown off his isp too."
Kurt Nicklas, 02/18/08, bragging about being the group tattle-tale.

Poor Knicklas----was told that IDT was no longer
providing ISP service---ruined his whole day

BTW, remember leaving the net in shame?

BWHAHAHAHAHAHA

[N***@Click.com]

On Mon, 18 Aug 2008 03:56:49 -0700 (PDT), Kurt Nicklas

Post by Kurt Nicklas
Hollowman spends all his time playing MS Combat Flight Simulator then
breathlessly posting screen captures of his adventures to the military
binaries group.
He hates me for tagging him with that.

Kniclas spends all his time trying to figure out why he
didn't remember Caller ID when he made drunken
late-nigh crank calls, and how he can explain his
russian "brided" former occupation away in good
company.

Knickkkers used his hate page for taggin him like that.