4 Comments
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Richard Bicker's avatar

You completely ignored corporate taxes. Companies don't PAY taxes, they COLLECT them, hidden in the prices of the goods and services they sell to to their customers, and REMIT them to the various government taxing authorities. Companies unable to collect and remit these taxes (i.e. "make a profit") are determined to "serve no business purpose" and are not allowed to continue operating.

For those corporations who DO make money and decide to reward their stockholders' investment in the venture, that money is doubly taxed; once to the company as income, and then once again to the individual shareholders as dividends.

So-called "flow-through" companies give up the "corporate tax" ruse entirely. For LLC, S-Corp, partnership, sole proprietorship, or similar forms of business, every penny of "profit" is reported and taxed directly to the owner(s) of the entity on their PERSONAL returns. So the "feller behind the tree" turns out to be you, no matter where you go or what you do to avoid the long arm of the tax law.

Merav's avatar

What you dont mention is that Sesame Street in Gaza is teaching kids hate, praise killing of Jews and Americans. This is really something you don't want to fund, directly or indirectly.

Sneakysaurus's avatar

I don’t take hard feelings from you Ayaan, I was an IRS employee not too long ago. But your belief that it is long overdue is not 100% accurate based on my BTS experience.

Steve's avatar

Not the comment by Sneakysaurus. It makes clear why nothing will change until the entire West collapses. CF: the Roman and Byzantine empires, which the West is doing its best to imitate in every awful respect.