Originally Posted by Bronco Jamus
Well, that is what people don't get. They say "tax" business, but they don't really understand what that means, nor how much tax a business does pay. Nor do they understand the expense businesses, especially financial institutions, pay to remain compliant with the federal government. We need to stop spending in this country and lower taxes. There is no more money to be squeezed out of anyone.
The erroneous assumption here is that giant, multinational corporations like ExxonMobil wouldn't be able to make huge profits if we stopped giving them tax cuts, subsidies, loopholes through which to avoid paying taxes, etc.
Nothing could be further from the truth.