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View Diary: Analysis: Dow 30 companies show what a joke calling corporate tax burden 'heavy' has become (70 comments)

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  •  I thought about preemptively replying to this (0+ / 0-)

    In my original comment, but the gist of the answer is, true, we don't know what they'll do with the money, but if they DID do three, then that money would get captured as income tax.

    The thought I keep coming back to in my head is that while it's true that corporations have profit motives, corporations really are people, my friend, and it's the people running the corporation who have the profit motives.  

    Another thought I didn't flesh out more in my original question was that businesses have to spend a lot of time and money doing accounting for their taxes, which could perhaps be better spent elsewhere.  This would be more meaningful for small companies - large publicly held companies would still be subject to regulations that mandate strict accounting.  

    Anyway, thanks to everyone who's responded to this and helped me understand the subject better.

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