How come corporations resembling Walmart or Best Buy or Microsoft pay cheque 88% of their income contained by taxes?
Microsoft's profit accounts for $16.8 billion dollars a year on average and the US government take almost $15 billion on taxes and Microsoft goes home beside 1.8 billion...How is this possible? Why doesn't the government purely tax 99% of their income so they become richer?
Is this why Microsoft is sending adjectives their money to africa as charity?
Answers: Yes corporate taxes can be quite hefty, but they are not stupid, and are probably doing a intact lot to minimize their taxes(like charities).
But corporations are taxed after expenses... so envisage this is like you paying taxes on your remaining income AFTER spending a bundle on a contemporary car, nice time off, etc. So it then it doesn't appear like such a discouraging deal, huh?
Also government's purpose is not to maximize import tax revenue. You can't tax everything, because consequently companies (and people) would be less productive since they attain to keep smaller quantity, and tax rev. may fade away. This is the 'laffer curve' theory-->look it up!
where are you getting this false information?
MicroSoft's annual financial reports are available online thru their corporate office. so are Wal-Mart's
That is fictitious data. Did you fabricate it yourself, or be you gullible and believed someone else?
If you be CEO of McDonalds, Taco Bell, or Phillip Morris, would you in fact DIGEST your own product?
I doubt the CEO's actually consume their own product, but does it put together you feel worried that a opinion maker of a product wouldn't certainly eat the point they created?Do YOU think CEO's get through this products or smoke their products?
I say no because they are learned in every suitcase that has gone wrong.
Answers: Yes I would
No path.
What small Canadian oil company has drilling rights in the "Gunboat Basin" oil field off the coast of South Am
Answers: CGX Energy Inc - OTC: CGXEF