As Exxon Pays Zero Taxes, GOP Rep. Posey Mocks Their Critics

[jmjennings59]

hahahahahahahaha .... exxon pays zero taxes ... HAHAHAHA ... this is the idiocy you hear when your head is up thinkprogress's ass. thanks to 'progressivism', the country IS f*cked.

[16Sammie]

When all is said and done, this guy is 100% correct. Consumers pay all fees, surcharges, impacts, taxes, overhead and profit at the end of the day.

[exenrontexas]

TOTALLY WRONG. Corporations are the largest WELFARE FRAUD in the world. Each year they receive hundreds of billions of dollars of taxpayer money in the form of exemption, deductions, incentives and free services. SO Mr. taxpayer, what is the corporate execs doing for YOU? They are buying off your Congressmen to make insane speeches to deceive you.

[serpentineflame]

we never had deficits until reagan

[CHAOSoriginal]

Fuck you Posey! They pay zero dollars in taxes and meanwhile millions are cut from education.

[rickbar123]

BRING BACK PRICE CONTROLS LIKE POST WW2. FUCK THE FUCKING CORPORATIONS.

[elviolette]

no dude.. YOU don't pass "the straight face test"

[sparkyj99]

~~> So let me get this straight... We subsidize oil for R&D & drilling, we don't regulate them, we don't tax them, and they get to collect all the tax the consumer pays & all the profits... And on top of that if they have a spill the gov is supposed to come & clean it up for them & eat the cost... Sounds like a sweetheart deal too me... They are making record profits off OUR natural resorces & WE get higher prices at the pumps... This guy is a corporate tool...

[ainemacdermot]

Fine. Corporations don't want to pay taxes, let's cap their profits over cost at 3%; 1% during war time. And let's subject executive compensation to the normal federal income tax rates, and include bonuses & stock options as earnings, taxing them at 35%-50%.

[RBLA818]

Good Point he makes. Which is why we need SOCIALISM!!!!

[jag10]

@RBLA818

Socialism is cool.

Can I support your laziness?

[drjacklint]

@jag10 You would think at the age of 33 you would have at least a 5th graders understanding of socialism...unfortunately you are like %50+ of Americans...dumb as shit.

[jag10]

@drjacklint

You mean socialism that Stalin enjoyed or do you mean the Queen's form of socialism?

Socialism is a fantasy, as is capitalism, but socialism has proven historically to be a failure - and worse, a form of slavery that is one cycle away from disaster.

[RBLA818]

@jag10 If Socialism is so bad, then why is it that counties with more Socialist policies, like European Nations and Canada, have the Best Schools, Best Healthcare, Best Labor Protection, and the Least Poverty!! While producing the strongest middle class in the world!!

Snap out of FOX-Land and maybe you'll learn something.

[RBLA818]

@jag10 Socialism works right here in the U.S. MEDICARE!!! It runs its program with a 4% overhead cost; Private Insurance at about 30%. Take out the Insurance companies, and we’d ALL be covered for LESS COST!!

Socialism means that Society decides what happens, not some Greedy CEO!! Socialism gets rid of the Fat Cats who suck the blood of hard working people!!

[jag10]

@RBLA818

I think you are living in some dream world where FDR shits popcorn and Marx pisses cherry soda.

Socialism sucks - ask Denmark in 10 years when their unsustainable experiment is over.

[RBLA818]

@jag10 This is what happens when your head is up FOX News' Ass. You live in a complete fantasy!

[jag10]

@RBLA818

I don't watch tv, cept top chef 2 or 3x per week and a rugby match occasionally.

Nothing wrong with social programs or socialism, but they fail over and over again because the amassed centralized power tends to go rouge in a very short cycle. All governments fail, as will ours, but it seems as though we are accelerating this result with inflation - Not to mention the unsustainable increases in welfare and warfare under our subverted monetary (debt) system.

[RBLA818]

@jag10 You are already paying a hell of a lot more for the laziness of Corporations. The Biggest Freeloaders of them all.

[jag10]

@RBLA818

I agree, but pointing the fingers at the 1% won't effect change.

It is the 1% of the 1% that are the biggest freeloaders of them all.

Nothing wrong with Socialism, cept those who fund them and their war machines.

You want real change?

Support Ron Paul in his quest for a full audit of the Federal Reserve.

[hollywoodt00]

Corporate America, fiddling while the people burn. Ashes, ashes, we all fall down.

[desijamesbond90210]

This country is fked

[twistfinger]

If that was the case, then shouldn't corporations love corporate taxes by simply adding those "taxes" to their bottom lines? And if that were true, why should anybody let them pass their taxes onto consumers as if that's just the way of the world? This is ridiculous logic.

[Arperture2008]

RECALL......news.dedlines.com

[daderone]

maybe we should just make our country a corporation so that it is justified in collecting taxes to appease those who demonize and hate the American Government more than their precious corporations.

They demonize and hate, want to strip down the rights created by and for Our People. Our Rights, Our People Our Government they hate and they want to give it to the few, the individual formed for and by shareholders, and fuck the stakeholders and those sworn to protect OUR PEOPLE, OUR NATION.

[yes4me]

I know how to create a company. I did that a few years ago.

Can I declared myself a corporation, not pay taxes and collect taxes from poor people? And then on top of it, give myself millions in bonus like the BP executives for doing an awesome job and maybe declare the company bankrup and create a new one? how about if everyone does like me? Then there will be nobody officially left in this country except corporations.

[daderone]

@yes4me can corporations tax the rich? Would that be ok for Republicans? I'm about to pop a damn organ over here if these fuckers become anymore spineless.

[yes4me]

Nobody is stupid to listen to this POS and think he is right, except the people voting for republicans who are almost all corrupt to want to give more tax cut to the rich, and put the sole blame on the middle class.

[demmmmm1]

Not only do they not pay taxes, but we give them billions in subsidies on top of it. Which they put in some offshore tax shelter and which does nothing for this economy.

When will people wake up? Republicans ARE the corporate elite. They give all the breaks to the top 2% and screw everybody else.

Democrats may not be perfect, but they’re our only chance for fairness and for the future of our middle-class in this country.

VOTE DEM 2012

[jag10]

@demmmmm1

Corporate subsidies are Democrat programs.

No secret that the finance oligarchs are big government "progressive" (democrats).

No secret that the cultural elite are liberal and progressive (democrats).

No secret that the intellectual elite are liberal and progressive (democrat).

No secret that over 75% of lawyers vote democrat.

No secret that all of our elitist anti-freedom legislation was crafted by democrats.

VOTE DEM 2012.

[demmmmm1]

@jag10 You’re funny. “I say it, therefore it’s REAL.” If “corporate subsidies” are “Democrat” programs, why is it that Democrats are the only ones who want to eliminate oil company subsidies? The only ones who want to regulate Wall St? The only ones who wanted to investigate BP (Repubs blocked subpoena power)? The only ones who fight for worker’s rights? The only ones who value a social safety net for the poor?

You are so full of shit it’s coming out your ears.

[jag10]

@demmmmm1

Corporate subsidies are secured through the relationship of gubbermint agencies.

These Agencies are not only corrupt, but unconstitutional, and in most cases have become the root of the problem. Lol, Democrats don't want to eliminate subsidies - they just raised energy subsidies by 400% in the last four.

SEC - LoL, EPA - LoL.

Who blocked what?

Who set up the "executive commission"?

Workers rights bahawa!! Keep believing the ruling class cares about you.

Vote Ron Paul 2012.

[RBLA818]

@jag10 no secret someone has shit on your head.

[jag10]

@RBLA818

Let me guess... you have a hope and change sticker on your Hyundai, think Chris Mathews is clever, and believe that the EPA protects the environment.

[RBLA818]

@jag10 no, I believe someone has shit on your head.

[Sevenfold120]

So moral of the story here is dont tax corporations because they will just raise their prices?

[16Sammie]

Proof: GOP full of SMOKE & MIRRORS

[rumpole33]

so based on the reasoning of this repug politician, posey is saying that no corp in the world should ever pay taxes ever again. only people who have no customer base should pay taxes, like folks who work for these corporations. thus, so long as there are corporations that make money from customers, those corps should never pay taxes. but if ur just a worker who has to work for someone else, then the repugs want to hit u w/ the tax liability. nice. stick it SOLELY to the little guy. nice.

[edgwaterprog]

It i s hard to argue with someone like this who worships at the feet of his corporate-gods. Dogmatic belief will do that to you. Even in the face of contrary facts you hold on to your faith.

[16Sammie]

If Corp America doesn't pay taxes, why do they need a tax break?

[DidMadeSaidThought]

@16Sammie - Wow, in light of this video, if this is what members of the GOP truly believe, that is a rather profound question.

[rumpole33]

@16Sammie: good point.

[journeyer58]

We need the large companies, to pay their fair share of taxes. Do not be deceived, we can pin the tail on the donkey. Charge those companies that want to do business in the US for their taxes but make damned sure that they do not pass those charges along to the consumer. Want to do business pay the taxes.

[tenroc4202k12]

oh so we can bash GE for not paying taxes but we cant bash exxon for the same thing??? big oil and big coal should pay 2 x in taxes to make up for others paying taxes for the rich

[timfmr]

Quite the statement. Wish it was that easy for small business...

[delreydavid]

If this guy knows and is proud that corporations dont pay taxes, then why are the Republicans always saying that the corporate tax rate is too high? He admits that corporate greed screws the average American, but he doesnt want to do anything about it. They are raising the price of gas no matter what, so what is his point? Let them do what ever they want cause they will fuck US any way?

[justonefirefly1]

Fuck republicunts

[Roachenator]

democrats are so clueless