Harry Reid Now Spreading Baseless Claim that Koch Brothers Don't Pay Corporate Taxes

The Weekly Standard ^ | April 2, 2014 | JOHN MCCORMACK

[wideawake]

S Corps do not pay federal taxes.

They pass through their income to the owners of the S Corp, who pay personal federal taxes.

That way, the owners of the S Corp can pay taxes using their own deductions, which may result in a tax bill lower than the prevailing corporate tax rate.

[LeoWindhorse]

it’s time for him to be aggressively sued for libel , by some party that can take it to the limit .

Reid needs to be chopped off at the knees

[bassmaner]

He's right, the Kochs don't pay corporate taxes. And neither does Warren Buffet, Bill Gates, Jeff Bezos, and any other corporate officer or entity, regardless of political affiliation.

Corporations don't pay taxes. They merely pass the cost of doing business along to the consumer and serve as unpaid tax collectors.

[Blood of Tyrants]

Why doesn’t he hurry up and die?

[Zathras]

Probably from the same source he got Romney’s tax info.
From The Machine

[MrChips]

Well, of course he is. It’s only people like the Koch brothers who stand between us and Harry’s communist dream.

[Baynative]

Harry Reid said Mitt Romney didn’t pay taxes and the media loved it. They played the story for weeks.

[jrg]

Why doesn’t he hurry up and die?

Because even Satan doesn't want him

[edcoil]

Does his website protections like his protect speech when he goes on the senate floor?

[Jim Robinson]

Hairy Reid needs to be jailed.

[E. Pluribus Unum]

Deja vu all over again.

Didn’t we conclude the last time he said something like this that the only way he could know is if he had illegally procured a copy of their tax return?

[God luvs America]

don’t forget rat friendly GE, owners of MSNBC- they pay $0.00 as well...

[MrChips]

As the CFO of a small S-Corp that employs 4 people and in 20 years has paid over $1 million in taxes, I can assure you that S-Corps, via their owners’ withholding, pay plenty of taxes.

[deoetdoctrinae]

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[lostboy61]

Let he who is without sin cast the first stone. If anyone knows more about tax cheating-stealing and back room money deals old dirty Harrys the man.

[mountainlion]

Didn’t Dirty Reid have to pay over $30,000 that he overlooked?

[2ndDivisionVet]

Why not? It worked against Milt, didn’t it?

[wideawake]

Exactly, via withholding.

[EBH]

Reid is the mastermind behind the IRS Scandal. Forget petty libel suits...the man needs to be taken down. He volunteered to be 0bama’s fall guy...let’s make him fall and be frog marched right out of office.

This is the behavior that brings whole governments to collapse.