Some Profitable Companies Would Still Pay No Taxes Under Democrats’ Plan

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President Biden often talks about profitable companies that pay no U.S. taxes. Democratic tax increases wouldn’t necessarily stop that,

Party proposals don’t affect main reasons why profitable companies sometimes report no current U.S. tax costs

The Democrats’ plan to pay for President Biden’s $3.5 trillion Build Back Better initiative will need to strike the right balance to appeal to progressives without alienating moderates. WSJ’s Gerald F. Seib discusses with tax policy reporter Richard Rubin. Photo illustration: Todd Johnson

 

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His handlers dont let him near a podium, cell phone or computer. They only roll him out of the basement when they need to show proof of life.

How about the 80% of Americans who pay NO taxes, in many cases they also exploit and benefit from the various entitlement programs?

Elizabeth Warren has a plan that would put a stop to that, as the WSJ well knows.

This dude has tax problems does he not?

Some companies are worse than zero taxes paid they get large rebates back

The current U.S. Tax Code is an assembly of inchoate laws pieced together over decades of Congressional submission to lobbying and political compromise; it cannot be corrected with tailored subtractions and additions. The Tax Code needs to be dismantled and rewritten in whole.

AOC is Right

Joe Biden often talked about students loans before the election Joe Biden often talked about border plans before the election

Well it’s time they were made to- change laws if necessary!

Why let facts get in the way of your incorrect narrative!

These corps who profit heavily in US, we’re started in the US but are now technically foreign-based Will still avoid major taxes, what’s ironic is that their employees pay will all get taxed and the consumers purchases will be taxed, however the profiteers will not

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I am under threat and targeted, assistance is imediatly needed, I implemented US projects in Afghanistan, now i have been left behind. Please Evacuate me and my young children. POTUS StateDept RepJasonCrow SecBlinken michaeljohns azizyaarabdulahadgmail.com

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White House backs plan for renewable energy industry tax partnershipsWASHINGTON (Reuters) -The White House is backing a plan by House of Representatives Democrats to let renewable energy firms form tax-advantaged partnerships that the oil and gas industry has used for decades to build out the U.S. pipeline and storage infrastructure, according to three people familiar with the matter. The expansion would allow the renewable energy industry - from wind and solar to biofuels like ethanol - to form master limited partnerships, known as MLPs, that combine the funding advantages of corporations with the tax advantages of partnerships. The sources, speaking on condition of anonymity, confirmed White House support for the plan. whir whir whir, sorry no TV tonight dear. The winds not blowing.
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