This show is a classic case of something I feel is wrong and needs to be fixed: Tax me if you can (http://www.pbs.org/wgbh/pages/frontline/shows/tax/) on PBS this Thursday April 15 at 10pm est.

I just found it very interesting, they lay out the ways corporate America is getting around the tax code in a very easy to follow way. If you get a chance to watch it let me know what you think.

Blah blah blah - and PBS is funded by our tax dollars, what a waste.

Why don't they go and do some real investigative reporting and promote a flat tax, or a much more simple tax code. PBS didn't have ANY mention of the real problem, the complex tax code.

Tax shelters ballooned in the '90s because of the increased complexities of the tax code, no other reason. The more complex it became, the easier it was for fraud, mistakes, and abuse to occur.... and it was far more difficult for the bureaucrats at the IRS to catch up.

So, eliminate the 100,000 IRS agents who really don't understand the 17,000 pages of tax code anyway.. make it a flat tax rate, and everyone should be happy - as our economy blows past all records.

It's a bitch, but come on... Complaining about creative tax shelters is like complaining that money in a checking account doesn't grow as fast as well invested money. Those companies are taking significant, calculated risks, and reaping the rewards.

The Rent-A-Board thing in the Caymans is hilarious.

Bump, show tomorrow night.

And yes I agree 110% for a flat tax. Will it happen in our life time? I give it a 3% chance :\ .

I own a Corp. Most corps are very small companies that use the corporation to help shield our personal property from our business liabilities. All of my income is still taxed on my return.

In most cases corporations should not pay tax. The tax burden is shifted to the actual person getting the profits. This is done by way of capital Gains taxes and double tax on dividends.

When a corp invests its profits it usually increases its share value. Taxes on this are paid by the capital gains tax system.

When a company pays a dividend the corp pays taxes and the person who received the dividend pays taxes again.

There is NOTHING wrong with corp tax law. It actually needs to stop the double taxation on dividends.

A corporation can deduct dividends paid to share holders. There isn't double taxation there, unless your accountant failed out of high school.

Did this show actually make in other markets? San Antonio's PBS station showed a Frontline dealing with the FBI and how internal politics affected the handling of Al Qaeda intelligence instead, which I caught some of during the last hour of /yawn) The Apprentice. That was interesting in itself but was not what I was looking forward to...

If folks saw the tax program, any comments?

Regards,
Nydia Ywalmoriel
Autonomous Collective

Did not make it to the West Michigan or Detroit market |I .

The funny thing about PBS is they spew the same lines as the teachers union. Why? Because they're both publicly funded institutions which are held to a low standard. Try to find a political program on PBS that doesn't have a liberal bias. You'll be looking for awhile.

Why would PBS run this program at this time and probably run it several more times over the next 6 months? Because it's following a Lib strategy to scare you poor sheep into voting for their candidate to fight the big evil "corporations." It's the same tone as Kerry's comment about the Benedict Arnold CEOs. OMG how dare those traitors try to make money, what do they think this is? Capitalism?

So what do you think is going to happen the more you tax these corporations? Who do you think pays in the end?

Corporations getting taxed more = thousands of layoffs, pay cuts, and more jobs moving over seas :(

Corporations getting taxed more = thousands of layoffs, pay cuts, and more jobs moving over seas

That and anyone that thinks the corporation eats the tax is smokin' something.

Friend of mine (Ultra-lib, but good guy like I was mentioning in the other thread) was going, "YEAH! Corporations need to be taxed a LOT more!" Then, not two weeks later was like, "I'm payin' $0.15 more for a tube of toothpaste! Those goddamned corporations just trying to scrape more out of me!"

I thought about saying, "Uhh, that's just those taxes you were happily hooting about being passed on to you, because the corporation isn't going to cut into profits...YOU just got taxed, smart-guy."

I didn't because I didn't have time for the argument...

...oh, yeah, and he was my supervisor at the time. He isn't now, so maybe I should shed some light on that.

flat tax would tax the average person more and the rich person less.


the more you have the more you should give, remember greed is bad.

That is totally wrong zenrk, the only group of people that would have their taxes raised are the poor, and they are paying next to nothing atm and they get the same benefits.

The average American would actually pay less taxes if the system was right.

However, the rich pay for everything as it is, cannot remember it exactly but the top 1% pays somewhere near 50% of all taxes.


I love your philosophy that the more people have, the more they should pay.

WTS beach front mansion! $5000 if your poor, $5 million if your rich.....yeah sorry but the world doesnt work that way, wake up.