this post was submitted on 28 Sep 2024
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politics

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467
Dems Name and Shame Companies Paying Executives More Than They Pay in Federal Taxes (www.commondreams.org)
submitted 6 days ago by jeffw@lemmy.world to c/politics@lemmy.world
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[–] xenomor@lemmy.world 98 points 6 days ago* (last edited 6 days ago) (1 children)

Netflix, Ford, Tesla, T-Mobile, AIG, NextEra, Darden, MetLife, Duke Energy, First Energy, DISH, Principal Financial, American Electrical Power, Kinder Morgan, Dominion, Oneok, Williams, Xcel Energy, NRG Energy, Salesforce, DTE Energy, Ameren, Sempra Energy, U.S. Steel, Entergy, AmerisourceBergen, PPL, CMS Energy, Evergy, Voya Financial, Atmos Energy, Alliant Energy, Match Group, UGI, Agilent Tech

[–] N0body@lemmy.dbzer0.com 18 points 6 days ago (1 children)

The official numbers almost certainly lie. The problem is far greater than reported.

[–] blurg@lemmy.world 5 points 6 days ago

Gotta start somewhere though, gotta start somewhere.

[–] Xeroxchasechase@lemmy.world 94 points 6 days ago (1 children)

The fact that there are companies that pay the executives more than they pay taxes is amazing. They shouldn't just name and shame, they should regulate

[–] DandomRude@lemmy.world 31 points 6 days ago

Sixteen in the clip and one in the hole Nate Dogg is about to make some bodies turn cold Now they droppin' and yellin', it's a tad bit late Nate Dogg and Warren G had to regulate

[–] frazw@lemmy.world 33 points 6 days ago (2 children)

The problem with conservatism though is that their voters will think this is a good thing. Taxes are bad full stop, so these companies are clever by lowering their tax bill. They don't see that the salaries are obscene. Then they complain about public services and infrastructure being bad.

[–] InverseParallax@lemmy.world 24 points 6 days ago

Government doesn't work, and if you elect me I'll prove it!

[–] rottingleaf@lemmy.world 1 points 4 days ago

A consistent conservative is also against companies of this size existing. In that case they'd be right.

Everything makes sense only in its own particular situation. Nothing is universally applicable. No, I don't like paradoxical statements.

But still things are right when they are right and wrong when they are wrong.

You can see Republican voters applying their rule of thumb in the wrong place. Democrats do that too with theirs.

Sometimes there's no bright future and we should just brace for impact.

[–] BigMacHole@lemm.ee 25 points 6 days ago (1 children)

If they COULDNT do this they would just take their Jobs to OTHER COUNTRIES and then Mom And Pop shops would have to Open Up to fill in the Gap and that's HORRIBLE!

[–] StupidBrotherInLaw@lemmy.world 3 points 6 days ago

*Pearl clutching intensifies*

[–] EmpireInDecay@lemmy.ml 6 points 6 days ago (1 children)

Look at them not paying taxes

Despite them enabling the tax laws which allow them to pay no taxes. This is more political theater

[–] migo@lemmy.dbzer0.com 7 points 6 days ago (1 children)

This is to pressure public opinion so that the remaining members of Congress and Senate vote to enable the ultra rich to pay their fair share.

It's not meaningless theater, it's politics, and effective political action.

[–] EmpireInDecay@lemmy.ml 1 points 4 days ago

Pressure public opinion? This implies that politicians and government gives a flying fuck what we think. When one billionaire has more political influence than millions of voters they don't care what we think. It's not like this is new news that nobody has heard of before. We've known this for decades, and nothing has changed. Even if they were taxed accordingly that money would not be reallocated to helping the working class.

Taxing the rich to save society is based on the assumption that taxation is required for the government to spend. The government can create money on a whim when they want it.