Business, Political, and Cultural News in Fort Smith and Northwest Arkansas
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Home > Who is running our government?

Who is running our government?

Submitted by Citizen_1 on Mon, 02/18/2013 - 8:52am

Politicians want to cut Social Security! Why don't they stop tax loophole for the rich and big corporations instead? Read this and thought I would share: "Facebook made $1.1 billion in profits. But thanks to some nifty accounting, the company won't be paying any federal or state taxes on it — instead; it will actually be receiving a federal tax refund of about $429 million." One of our most successful new companies is not paying a dime in taxes. Yes, let's please cut Medicare and Social Security. That's the thing that's broken.

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Source URL: http://www.thecitywire.com/node/26519