I have to laugh at the bias and lack of understanding in the wording of these answers.
Just because you get a refund does not mean you don't pay taxes, they are withheld from each of your paychecks and at the end of the year if too much has been withheld you receive a refund. This is just an interest free loan to the government.
Honest corporations pay taxes based on the tax laws in place. If the law allows them to differ or decrease their tax liabilities and you think this is a "loophole", then vote to have the laws changed.
Some corporations are double taxed. For example I am a partial owner of an S Corporation. All earnings of the corporation are passed directly through to the share holders who pay income tax on the corporate retained earnings. Then if those retained earnings, which have already been taxed, are distributed to the share holders the next year the share holders once again have to pay individual income tax on that same money.
Cowboy 
United States
zandt's Recent Comments See all 129
4th Option:
I own a smartphone other than an iPhone or Android.
Interesting Article:
http://www.reuters.com/article/2011/08/16/uk-usa-economy-infrastructure-idUSLNE77E04E20110816
I have to laugh at the bias and lack of understanding in the wording of these answers.
Just because you get a refund does not mean you don't pay taxes, they are withheld from each of your paychecks and at the end of the year if too much has been withheld you receive a refund. This is just an interest free loan to the government.
Honest corporations pay taxes based on the tax laws in place. If the law allows them to differ or decrease their tax liabilities and you think this is a "loophole", then vote to have the laws changed.
Some corporations are double taxed. For example I am a partial owner of an S Corporation. All earnings of the corporation are passed directly through to the share holders who pay income tax on the corporate retained earnings. Then if those retained earnings, which have already been taxed, are distributed to the share holders the next year the share holders once again have to pay individual income tax on that same money.