[Auntie Dem]

What that article doesn't tell you is the deduction the corporation got for the stock options is treated as taxable compensation to the employees exercising them. In many cases the employee (particularly a highly compensated one) will pay taxes at a rate higher than the corporation would. 39.6% for the individual vs. 35% for the corporation.

Furthermore, even when corporations pay taxes, they don't pay them, their customers pay them.

[Auntie Dem]

One more thing, the article uses incorrect terminology when it says Enron got a tax "rebate". There is no such thing as a corporate tax rebate, Enron received a refund of taxes they had paid in advance, and probably didn't even get any interest on it. In other words, the IRS had use of millions of Enron's money at no interest for nearly a year.

BTW, I'm no fan of Enron, or their greedy execs, but you can't trust a biased left-wing press to give you the truth about matters they know nothing about.

[lewislynn]

. Furthermore, even when corporations pay taxes, they don't pay them, their customers pay them.

If that's the case the ultimate tax reform would be to eliminate taxes on all individuals and tax only corporations.

You've never had a business have you?