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Non-Cattle Specific Topics
Coffee Shop
Corporations Don’t Pay Taxes – Ever!
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<blockquote data-quote="Jogeephus" data-source="post: 1005819" data-attributes="member: 4362"><p>If a corporation is run convervatively and wants to build up a nest egg during good years to keep from having to lay people off during a lean year the government will slap hefty tax on this nest egg. To keep from having to pay such a hefty tax on unused profits this money is often given out in the form of dividends or bonuses which weakens the company during a lean time. If a lean time hits after they "dumped" the money then guess who is going to get hurt first - hint - $hit rolls down hill.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 1005819, member: 4362"] If a corporation is run convervatively and wants to build up a nest egg during good years to keep from having to lay people off during a lean year the government will slap hefty tax on this nest egg. To keep from having to pay such a hefty tax on unused profits this money is often given out in the form of dividends or bonuses which weakens the company during a lean time. If a lean time hits after they "dumped" the money then guess who is going to get hurt first - hint - $hit rolls down hill. [/QUOTE]
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Corporations Don’t Pay Taxes – Ever!
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