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Coca-Cola: IRS says we owe $3.3 billion in back taxes
Finance Yahoo AP ^
| September 18, 2015
| na
Posted on 09/19/2015 10:50:46 PM PDT by ForYourChildren
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As one of the comments on the site said, "..74,000 plus pages of regulations that not one human being can come close to understanding. Over 3,000 different forms and thousands up thousands of pages of instructions that are nothing but ring around the rosy confusion!"
To: ForYourChildren
I guess our president likes Pepsi. Time to punish all who disagree!
2
posted on
09/19/2015 10:52:27 PM PDT
by
vpintheak
(Man up and bring it politicians!)
To: ForYourChildren
It sounds like somebody at the IRS is a Pepsi drinker.
This could put coke out of business.
3
posted on
09/19/2015 10:53:56 PM PDT
by
Fai Mao
(Genius at Large)
To: vpintheak
Follow the dots. Doritos owned by pepsi just released a faggot line of Doritos ads. Go figger...
4
posted on
09/19/2015 10:53:57 PM PDT
by
max americana
(fired liberals in our company last election, and I laughed while they cried (true story))
To: ForYourChildren
Methinks Obama gave marching orders to his gestapo recently.
Again....
5
posted on
09/19/2015 10:55:27 PM PDT
by
Daniel Ramsey
(Trump to win! He wins, we win, the nation wins!)
To: max americana
Looks like I need to stock up on Coca-Cola!
6
posted on
09/19/2015 10:56:55 PM PDT
by
basil
( God bless the USA!)
To: ForYourChildren
And government looting continues.
7
posted on
09/19/2015 10:57:30 PM PDT
by
Lurkina.n.Learnin
(It's a shame enobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: ForYourChildren
As one of the comments on the site said, “..74,000 plus pages of regulations that not one human being can come close to understanding. Over 3,000 different forms and thousands up thousands of pages of instructions that are nothing but ring around the rosy confusion!”
...
Big corporations like big government. It’s too bad they’ll have to only pay a fraction.
8
posted on
09/19/2015 10:57:37 PM PDT
by
Moonman62
(The US has become a government with a country, rather than a country with a government.)
To: ForYourChildren
Coke would only have to pay US taxes on US income if they moved out of the country... maybe they can move their headquarters from Atlanta, Georgia to Tbilisi, Georgia.
9
posted on
09/19/2015 10:59:14 PM PDT
by
KarlInOhio
(The 1st amendment is the voice and the 2nd is the teeth of freedom. Obama wants to knock out both.)
To: basil
Nah, Coke is pro-fudgepacker too. Enter “coke” on Fr search and you’ll find they’re the same as pepsi. Buy the no-name generic pop which costs less like those in the dollar store..
10
posted on
09/19/2015 11:01:24 PM PDT
by
max americana
(fired liberals in our company last election, and I laughed while they cried (true story))
To: ForYourChildren
This is not a Coke vs Pepsi or Democrat donor vs Republican donor issue. This is Obama & FedGov have "scraped the bottom off of the barrel" and are scrounging for every dollar (and billion) they can get.
"Coca-Cola said it has been following the same methodology for determining its taxable U.S. income for nearly 30 years.
"The IRS now seeks to depart from this long-standing practice in order to increase substantially the amount of tax," the company said in a statement. "We are among hundreds of other companies currently facing these types of adjustments involving payments."
This is Tyranny!
11
posted on
09/19/2015 11:08:20 PM PDT
by
BwanaNdege
(Buy stock in Bear Port-a-Potties!)
To: vpintheak
Look up the big Pepsi shareholders.
Add a full can of Coca Cola to a brisket before putting it in the oven. Makes it taste great!
To: ForYourChildren
The IRS is always trying to gets its grubby hands into someone’s wallet, and then our federal government runs a propaganda campaign against companies smart enough to flee their sphere of influence (the United States).
To: ForYourChildren
14
posted on
09/19/2015 11:13:11 PM PDT
by
onedoug
To: BwanaNdege
Yes, as the government desires and needs more money to continue to float, it tries to squeeze anything out of everyone.
Animal Farm... make Boxer work harder...
Jeb did say recently, “We have to be a lot more productive
It means that people need to work longer hours and, through their productivity, gain more income for their families.”
Yea, and more taxes for the gubmint.
15
posted on
09/19/2015 11:14:17 PM PDT
by
ForYourChildren
(Christian Education [ RomanRoadsMedia.com - Classical Christian Approach to Homeschool ])
To: ForYourChildren
It would appear that they failed to grease the right palms.
16
posted on
09/19/2015 11:17:44 PM PDT
by
P-Marlowe
(Tagline pending.)
To: Moonman62
“Big corporations like big government. Its too bad theyll have to only pay a fraction.”
Yes, agreed, this is price of extortion to do business. The strong man comes into the neighborhood business and demands his cut; the business must pay, or they send in someone to break the legs. Word has to get out, don’t mess with the man.
17
posted on
09/19/2015 11:19:29 PM PDT
by
ForYourChildren
(Christian Education [ RomanRoadsMedia.com - Classical Christian Approach to Homeschool ])
To: BwanaNdege
This is Tyranny! Nothing other.
18
posted on
09/19/2015 11:23:23 PM PDT
by
dr_lew
To: ForYourChildren
This is all about Buffett endorsing Hillary last week.
19
posted on
09/19/2015 11:35:07 PM PDT
by
spyone
(ridiculum)
To: ForYourChildren; All
As a consequence of the parents of the Board of Directors of Coca-Cola probably not making sure that their children where taught the federal governments constitutionally limited powers as the Founding States had intended for those powers to be understood, including Congresss limited power to appropriate taxes, Coca-Colas directors probably cannot argue the following single statement by the Supreme Court in their defense to lessen their tax burden.
Congress is not empowered to tax for those purposes which are within the exclusive province of the States. Justice John Marshall, Gibbons v. Ogden, 1824.
The ill-conceived 17th Amendment needs to disappear, and corrupt senators who help the corrupt House to pass appropriations bills that Congress cannot justify under its constitutional Article I, Section 8-limited powers along with it.
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