Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: mass55th
“There's something definitely wrong with that picture.”

And you're falling for the typical DemonRAT class envy trap.

First, “GE” is not a person, it is a corporation owned by shareholders. Shareholders risk their capital investing in the company with the hope of earning dividends on their investments. Those dividends are paid to the shareholders from the profits of the companies operations.

Profits are not “income”, so “income tax” isn't even the correct term.

Companies don't exist to provide jobs, or even provide goods and services, they exist to make money for the owners, who in turn pay “income taxes”.

59 posted on 03/25/2011 10:39:19 AM PDT by bitterohiogunclinger (Proudly casting a heavy carbon footprint as I clean my guns ---)
[ Post Reply | Private Reply | To 28 | View Replies ]


To: bitterohiogunclinger

dangit!!!!, I want to hate the story that they arent “paying their fair share” then you come with all that quickly summed logic. They do use infrastructure and facilities however, is that “paid for” by the local economy boost they provide?


69 posted on 03/25/2011 11:08:42 AM PDT by VaRepublican (I would propagate taglines but I don't know how. But bloggers do.)
[ Post Reply | Private Reply | To 59 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson