Facebook among US corporations that pay no income taxes

General Discussion (off topic) Anything and everyt
#1

https://rt.com/usa/news/facebook-income-tax-year-342/

As a result of tax loopholes and deductions, the social media giant Facebook paid no income taxes for the fiscal year 2012, despite reaping $1.1 billion in US corporate profits, according to a new report.

While Americans have just been subjected to higher taxes, billion-dollar corporations like Facebook, General Electric, Boeing and Wells Fargo have all been able to avoid paying any corporate income taxes, reports Citizens for Tax Justice.

Am I missing something ???
How is this possible in a democratic, socially responsible society…

#2

Because greed and loopholes.

#3

What’s frustrating is things are only getting worse not better

#4

You don’t say. :-\

!ot!
I got OpenVPN to work correctly! =3 (I think it was you I spoke to about this before >_<)

#5

It was we have the same service provider, that’s good IMO much better than PPTP :-TU