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twerking on the railroad
Jun 23, 2007

Get on my level
http://www.nytimes.com/2015/02/04/business/when-a-company-is-fined-taxpayers-often-share-the-punishment.html?ref=business&_r=0

quote:

But even if Hyundai is eventually forced to pay the full amount of the damages, the punishment could be substantially reduced through a tax loophole that permits the company to save millions of dollars by deducting any court-ordered punitive damages as an ordinary business expense. The result, critics say, is that taxpayers are in effect subsidizing corporate misconduct.

...

At least 80 percent of the more than $42 billion that BP has paid out because of the 2010 Deepwater Horizon rig explosion that killed 11 people and spewed oil into the Gulf of Mexico qualifies for a tax deduction, according to U.S. PIRG. That has saved an estimated $10 billion to $14 billion for the company. The exact amount is uncertain because of the lack of transparency, the group complained.

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Blue Train
Jun 17, 2012

gently caress I love america :patriot:

Fat Lowtax
Nov 9, 2008


"I'm willing to pay up to $1200 for a big anime titty"


Can I get a tax writeoff for showing off my dick at the supermarket

BONE DOG
Jun 7, 2009

by Fluffdaddy
taxpayers subsidizing corporate misconduct

I don't believe it. I won't

Harald
Jul 10, 2009

by Fluffdaddy

Fat Lowtax posted:

Can I get a tax writeoff for showing off my dick at the supermarket

yeah, a small one

Dead Precedents
May 5, 2005

Precedents come and go, but death goes on forever.

:lol: if you are surprised by this

CharlestonJew
Jul 7, 2011

Illegal Hen
thanks obama

Blue Train
Jun 17, 2012

Mariana Horchata
Jun 30, 2008

College Slice
https://www.youtube.com/watch?v=n5AgzSLxpr0

TEAYCHES
Jun 23, 2002


vote rand paul

Four Score
Feb 27, 2014

by zen death robot
Lipstick Apathy

Harald posted:

yeah, a small one

:iceburn:

Pornographic Memory
Dec 17, 2008
i get the impression a lot that people consider the french revolution kind of bad somehow but really i think we should all be jealous that at one time some people got the live the dream of seeing rich people guillotined

gnarlyhotep
Sep 30, 2008

by Lowtax
Oven Wrangler

moose face posted:

taxpayers subsidizing corporate misconduct

I don't believe it. I won't

this is how we do

BONE DOG
Jun 7, 2009

by Fluffdaddy

gnarlyhotep posted:

this is how we do

But an unregulated market and lax corporate laws will generate economic growth and the effects will trickle down to the lowliest of men

Morkyz
Aug 6, 2013
Does it work for the black/hispanic people kind of criminal too or is it just white/asian/jew criminals who get to do it

Mariana Horchata
Jun 30, 2008

College Slice

gnarlyhotep posted:

this is how we do

https://www.youtube.com/watch?v=HmynbxyfFjM

Emanuel Collective
Jan 16, 2008

by Smythe
I was more radicalized by taking two semesters of Tax Law than I was by reading Marx

gnarlyhotep
Sep 30, 2008

by Lowtax
Oven Wrangler

lmao!!

Morkyz
Aug 6, 2013

Emanuel Collective posted:

I was more radicalized by taking two semesters of Tax Law than I was by reading Marx

Moridin920
Nov 15, 2007

by FactsAreUseless
yeah my econ classes definitely revealed a lot of hosed up poo poo and my professors were usually just like "yeah poo poo's hosed lol idk what to say really"

Tsinava
Nov 15, 2009

by Ralp
I wish someone would write a guide on How To Get Rich Committing White Collar Crimes Without Getting Caught

Blue Train
Jun 17, 2012

Tsinava posted:

I wish someone would write a guide on How To Get Rich Committing White Collar Crimes Without Getting Caught

its called Harvard business school

Chard
Aug 24, 2010




Blue Train posted:

gently caress I love america :patriot:

Aves Maria!
Jul 26, 2008

Maybe I'll drown

Pornographic Memory posted:

i get the impression a lot that people consider the french revolution kind of bad somehow but really i think we should all be jealous that at one time some people got the live the dream of seeing rich people guillotined

Mark Twain said some pretty dope things about the French Revolution but hell if im gonna go find it

Tsinava
Nov 15, 2009

by Ralp

Blue Train posted:

its called Harvard business school

Preferably something i can torrent

Orkin Mang
Nov 1, 2007

by FactsAreUseless
ha. typical. cant say im surprised, really. haha.

Moridin920
Nov 15, 2007

by FactsAreUseless

Tsinava posted:

I wish someone would write a guide on How To Get Rich Committing White Collar Crimes Without Getting Caught


the trick is you gotta be rich or at least have the connections to put you into a CEO or whatever position. poo poo is easy as gently caress then.

Ars Arcanum
Jan 20, 2005

Best friends make the best weapons

Brb, gonna start an oil business on Artfire or GoDaddy, then go dump a bunch of gas in the nearest reservoir.

This refund season is gonna be suh-weeeeeeeet.

edit: Don't guillotine me, bro.

Prettz
Sep 3, 2002

Unfortunately this is literally the definition of capitalism and always was.

Ars Arcanum
Jan 20, 2005

Best friends make the best weapons

Prettz posted:

Unfortunately this is literally the definition of capitalism and always was.

Isn't that the joke?

Prettz
Sep 3, 2002

Ars Arcanum posted:

Isn't that the joke?
Too many people like to imagine it was somehow different in the 1800s or even the early 1900s. It was never different.

Butt Wizard
Nov 3, 2005

It was a pornography store. I was buying pornography.

Fat Lowtax posted:

Can I get a tax writeoff for showing off my dick at the supermarket

Are you doing it to make a profit

Ars Arcanum
Jan 20, 2005

Best friends make the best weapons

Prettz posted:

Too many people like to imagine it was somehow different in the 1800s or even the early 1900s. It was never different.

edit: I know, it's just that being stupid about it is less depressing than acknowledging reality.

Only registered members can see post attachments!

Ars Arcanum fucked around with this message at 07:11 on Feb 8, 2015

FuturePastNow
May 19, 2014


The IRS says to put bribes and kickbacks on Line 21

They also ruled that a drug dealer could use mileage expenses

FuturePastNow fucked around with this message at 08:13 on Feb 8, 2015

gary oldmans diary
Sep 26, 2005
lousy irs always stepping on mom and pop multinational corporations

Ivor Biggun
Apr 30, 2003

A big "Fuck You!" from the Keyhole nebula

Lipstick Apathy

https://www.youtube.com/watch?v=nfK9UPEQavo

proof of concept
Mar 6, 2005

by FactsAreUseless
capitalism owns

Rambling Robot
Sep 13, 2011
Duggar Fan Club Superstar #1 LOL

Blue Train posted:

gently caress I love america :patriot:

yoyodyne
May 7, 2007
fines are just a cost of doing business, like paying the power bill, or payroll or anything else that costs money. It's pretty much the same thing FAAAAARTZ.

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Noctis Horrendae
Nov 1, 2013

Blue Train posted:

its called Harvard business school

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