Plasmaball
Verified User
no corporations are not people, they hire people to work for the corporation. You are trying to bend words in order to have a point. Coca cola is not a person, but they have people working for coca cola.
IRS Data Shows: "The Rich" Pay Higher Rates
- Thread starter Damocles
- Start date
no corporations are not people, they hire people to work for the corporation. You are trying to bend words in order to have a point. Coca cola is not a person, but they have people working for coca cola.
Anti-Party
Tea Is The New Kool-Aid
(Mark 12:41-44)
41 And Jesus sat over against the treasury, and beheld how the people cast money into the treasury: and many that were rich cast in much. 42 And there came a certain poor widow, and she threw in two mites, which make a farthing. 43 And he called unto him his disciples, and saith unto them, Verily I say unto you, That this poor widow hath cast more in, than all they which have cast into the treasury: 44 For all they did cast in of their abundance; but she of her want did cast in all that she had, even all her living.
You remember this, you are Christian (R)ight?
41 And Jesus sat over against the treasury, and beheld how the people cast money into the treasury: and many that were rich cast in much. 42 And there came a certain poor widow, and she threw in two mites, which make a farthing. 43 And he called unto him his disciples, and saith unto them, Verily I say unto you, That this poor widow hath cast more in, than all they which have cast into the treasury: 44 For all they did cast in of their abundance; but she of her want did cast in all that she had, even all her living.
You remember this, you are Christian (R)ight?
Jesus freak
Taft2016
Verified User
Ordinary people like me own Coca Cola, Caterpillar, Clorox, Merck, Pfizer, etc. And then through mutual funds, 401Ks, pension funds, etc....many more corporations we don't even realize.
You are trying to bend reality to fit your preconception that corporations are faceless entities, when in reality everyday Americans like you and I own them.
Taft2016
Verified User
Who started WWII? Was it:
a) corporations
or
b) government officials who saw imperfections in the human race that they believed they could adjust and eradicate by force in an effort to establish their personal visions of what the world should be? To, shall we say, "fundamentally transform" the human race and the world?
PostmodernProphet
fully immersed in faith..
no, this is a thread from 2011 that got resurrected.....
Your braver than me, they have losses the last three years
Taft2016
Verified User
Well no, this bad boy isn't a dividend payer, it's an investment stock. I've been holding this baby for about 15 years now. In fact, it's a story reality-deprived financially illiterate liberals should pay attention to.
After the human genome was mapped, pharma companies began exploring ways to use this knowledge to create new medicines. ISIS came up with an anti-sense technology, that would seek to fight disease at a genetic level. In its simplest terms, identifying genetic markers that allow diseases like cancer to grow in the body, and inhibit that marker from working with the cancer.
This year Isis became the first company to get a genetic-based drug to the market. In fact, it's the first drug Isis ever got on the market.
This is how pharma works. If you open a pharma company today, you can not expect to have a product on the shelves for a minimum of 10 years. And beyond that 10 years of research and development, your brand only has about 7 or 8 years of patent left to recoup the 10 years of R&D costs, cover the losses on 99% of compounds researched and developed that never make through FDA phase testing, and turn a profit. It's a monumental hill to climb.
Isis has passed the crest, and now I'm seeing a doubling of my initial investment. Although it took 15 years. But I see greater returns in the future.
Meanwhile, in the nations with their cutting edge socialist health care systems, what exciting new breakthroughs are their pharmaceutical industries making?
What!
Thanks for the detailed explanation. I got a good tip from Tom years ago here.
Taft2016
Verified User
No problem. You know, I read the analysts' stuff and some of them just don't get it.
They talk about how other pharma companies are further along the path to developing specific drugs for specific diseases that Isis is working on.
The story here is not so much a specific drug for a specific disease. The story here is the *technology* being developed. Drugs working on a genetic level.
Isis isn't the only company developing it, but among the non "Big Pharmas", they're moving faster than the others.
I don't think I need to tell you that the returns on small companies can be enormous. In Nov. 2000 I bought into domestic oil, based on Bush and Cheney getting elected. One of the companies I bought was Range Resources (RRC). Just look those returns since then!
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Freddy Figbottom
Was it me?
You guys sounds like such dillholes.
If they had taxable income they paid tax
Not many are aware of royalties
Oil companies Pay 1/8 right of the top of everything
Thus are amongst the largest contributors to the treasury
Lib talking points not withstanding
So, according to you the forum's expert economist, they forgo their tax breaks, and pay righteously to the Treasury?
They have no need for big oil accounting?
My point of view on taxation of oil companies is that it is not a renewable resource,therefore, as a people of a state, we have the right to make our money, just as the oil companies have a right to make theirs. Our money comes in the form of taxes.
canceled.2021.1
#AMERICAISDEAD
Exxon did not pay zero in taxes. Why does this lie persist?
Don't believe me. Just go to Exxons annual report. You can see for yourself.
Now bear in mind that this is a legal document that is required by the SEC for all publicly traded companies.
If they have been cheating the gobblement out of taxes as you claim why isn't Obama doing anything about it?
Try reading slower. Our President's budge plan would include the cessation of tax breaks for the oil and gas companies.
I'll try and bring up to-date on how our government works. Our President is in the Executive Dept.; therefore, he cannot make laws. Do you know which dept. is responsible for making laws?