If People Were Corporations -OR- How To Avoid Paying Taxes

Since that lying douche bag, Mitt Romney and the douche bags on US Supreme Court declared corporations people then it would follow that people are also corporations and we enjoy the same rights and privileges as corporations as based on the ruling of the knuckleheads on the US Supreme Court. Since companies have been granted the same rights and privileges as citizens then it would follow that people be given the same rights as corporations. The fact is American corporations have rights and privileges that people don't have but would love to have.

From a financial and economic perspective: People pay taxes on their worldwide income. For instance, if you did work in Canada or Mexico you would be required by law to declare that income and pay taxes on it. American corporations are not required by law to pay taxes on their incomes providing they don't bring that money back to the US but keep it in the Cayman Island for instance like Mitt Romney Corp does.

Corporations Are People, And They Have More Rights Than You ...

According to Martin Sullivan the chief economist at Tax Analysts, if people were treated like corporations I could set up and affiliate and call it Fat Bastardo Corp Mexico have it pay my college tuition and then declare that the affiliate owns the owns the resulting degree. I could then tell the IRS that everything I earn above the average high school grad's income should be recorded as income in Mexico, since it is all derived from a Mexican-based asset i.e, Fat Bastardo Corp Mexico.

On federal income tax forms, individuals can deduct sales taxes they paid or state income taxes they paid but not both but companies can deduct both. SWEET!

As to gay marriage: If people were treated like corporations we would be able to "merge" with whoever we want with no concern about restrictive marriage laws according to UCLA law professor Adam Winkler and legal experts who have actually married a corporation.

Here's the best part! Even if you stole a house, raided pension funds, killed someone, funded a genocidal regime such as big pharma or terrorized the global economy you wouldn't go to jail. If you become a corporation you are essentially above the law. If you commit criminal acts, even murder on behalf of a corporation you won't even be arrested. What a deal!

If you want to become a corporation and be above the law it's easy, simply fill out form 1120-S by clicking here.

Obamacare and the Medical Device Tax

You read that right. Give the Republicans the medical device tax during these hostage negotiations. The medical device tax will not increase tax revenue and here's why. Corporations don't pay taxes. Corporate taxes are passed along to the consumer so the medical device tax will be just another pass along and it'll probably be used as some sort of a write off for the corporation. It will eventually end up costing consumers more.

Unfortunately for American taxpayers America is no longer a democracy. America really is a corpocracy. Corporations run America and most of the world but of all the corporations in the various industries medical corporations are the most sinister and do the most harm to humanity. Corporations are untaxable. Corporations for all practical purposes tax exempt. With that being the case we may as well eliminate the corporate tax entirely.

Corporations are in truth evil entities. Some behave ethically and lawfully but many don't. Medical corporations e.g. the pharmaceutical companies, medical device companies, medical testing laboratories and corporate hospitals are responsible for more death and injury than all the other corporations combined.

 

Mitt Romney once said that corporations are people so if that's the case and people corporations. The Supreme Court pretty much ruled that corporations have the constitutional protection for free speech which is allowing them to finance political campaigns and run political advertising. Corporations have constitutionally protected rights but they are immune from prosecution. When the actions of the corporation kill and maim like in the case of medical corporations that kill about 2 million Americans each year; the corporation cannot be sent to jail or put to death. About all that happens is they get fined. If corporations are people that would follow that people are also corporations. Just file the paperwork and you to can become corporation and exempt from the rule of law and will also be for all practical purposes tax exempt.

The Republicans or should I say today's Republicans simply hate the very idea of government and the rule of law. That is probably why the Republican brain and the criminal brain are pretty much identical. Criminals hate the law and do everything they can to thwart the law. Criminals will twist the law and completely ignore the spirit of the law. So in thought and deed today's Republicans criminals because they have minds of criminals. If we had a justice system that pure and immune from corruption the heads of these criminal corporations would be brought to justice but typical of organized crime these corporations own the justice system just like the Mafia owned police forces and the Mexican drug cartels own most of the Mexican criminal justice system. In an ideal world with people who are above reproach corporate gangsters would be thrown in jail but we're living in the real world where money and threats control nearly everyone. Even the most well-meaning public servant is not immune to the power of the corporate gangster. The corporate gangsters and banksters held American taxpayers hostage in 2008 when they crashed the economy and drained trillions of dollars from the pensions of hard-working Americans. That's how it works when you own the best government money can buy.

Now do you see why the medical device tax is really a bad idea? Very little of what has been going on for the past 20 years has been about political ideology. When you don't know the why of something simply follow the money and then you'll know why.

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