It is tax time, and most Americans are tallying up what they owe, or if they are lucky what they overpaid. But, did you hear about how much in Corporate tax Facebook paid in recent years? Brace yourself, if you hadn’t…the number is zero dollars.
After living with corporate entities that get bailed out, forgiven when they break the law, and influence our politicians to make laws tailored to provide the optimum environment to succeed in, it is really shitty to find that now they get taxed less than the average Facebook user.
How is that right, that a huge business so successful and worth so much, and that would not exist without the help and cooperation of all of its American users, can just get off without chipping in to taxman like the rest of us? How many billions are enough, before a corporation admits that its time to pay the money they owe like every other business? People who make billions off of Americans should put money back into the country that made them rich beyond their wildest dreams. But no, Facebook will instead get a refund in the hundreds of millions,at a time when our politicians are quibbling over costs for caring for our seniors and the feeding and education of the poorest and youngest of American children. Think about that when your cruising Facebook, LOL-ing with friends and making Mark Zuckerberg even richer in advertising revenue. And you thought social media was free, didn’t you? The laugh really is on us.
If you’d like to join others in signing a petition to make your feelings known in this area, follow this link from the folks at Daily Kos: Please, click here to sign the petition telling Congress it’s time to end tax loopholes for corporations and the wealthy.