As a person that own a small business in California I want to bitch about the Corporate Tax Dodgers.
I wan an SP (Sole Proprietor) with 1 employee and earn less that $200,000.00 gross after expenses approx $40.000.00 per year.
I pay all of my taxes ever quarter.
However I am being harassed by the IRS because I rolled over and IRA and the Investment Company mad a mistake in the paperwork. I have had to pay my CPA to complete the paperwork back to the IRS, which the IRS has now rejected. I will have to pay additional monies to my CPA.
But corporations such pay ZERO TAXES because the have incorporated in foreign countries such as Liechtenstein or are using tax loopholes which were bought and paid for with campaign contributions to our elected officials.
So why can GE earn the money that they earn and I pay $40,000.00 in annual Federal Taxes and they pay Zero ?
It seams to me the the value of the IRS has ended and we need a "FLAT TAX SYSTEM". A FLAT TAX SYSTEM is the only way to stop the tax loopholes and abuse created by campaign contributions.
Tags: IRS Problems Tax Dodgers
