Death and taxes are supposed to be two certainties of life. But a few companies have at least escaped the taxes part. Investors, though, don't seem all that impressed.
There are 27 companies in the Standard & Poor's 500, including telecom firm Level 3 Communications (LVLT), airline United Continental (UAL) and automaker General Motors (GM), that reported paying no income tax expense in 2015 despite reporting pre-tax profits, according to a USA TODAY. Only profitable firms were included in the analysis since companies that lost money - like many energy companies - wouldn't be expected to pay taxes.
You can read the rest and see the list of corporations @
http://www.usatoday.com/story/money/markets/2016/03/07/27-giant-profitable-companies-paid-no-taxes/81399094/
Duh, they also have escaped the "death" part. Once formed, a corporation theoretically can "live" forever.
Corporations sucking up all profitable businesses + paying no taxes + nation states continuing to deficit spend = economic disaster + privatization of public resources which will be sold to said corporations for pennies on the dollar and then leased back to We The People for big buck$$$ we cannot afford. Then comes the end of nation states and rule by market states. In case you missed it, that is exactly where NAFTA, WTO, TPP, TTIP, TISA, and similar "trade deals" lead.
Do NOT listen to anything Hillary says on this issue, because she is the poster child for a market state takeover.
Have you read Confessions of an Economic Hit Man? This time, the corporations have all put out a hit on the US. And so far, no one has ever escaped this particular kind of hit.
Wake up !!! Once you're all the way down the chute and the stun gun approaches your head, it's far to late to do anything about it.
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