Many of America’s largest corporations shift a surprising portion of their profits overseas to avoid paying taxes. Even more surprisingly, that’s a legal thing to do.
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"want to help those in the mail rooms"...
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7:00 Best Part
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One my teacher say: Taxes are for poor people.
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The pirate comment was verbal gold!
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No, Panama Scoot sounds like a diarrhoeal disease you can only contract in the Panama Canal.
So you’re money goes to healthcare but you need to pay to get insurance to use healthcare LOOOL!
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Cooperations pay taxes?
That great line form Blackadder's firing squad: "we're like taxmen. Everybody hates us but we're just doing our job.
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Corporate taxes is a scam and wealthy don't pay any taxes at all💲... It is the working class people like me and you🌎... #RoyalyScrewed😔
I want a complete redistribution of wealth, time for some real Robin Hood s#$@.
For those curious: Cardi B taxes are ~36.8% of her income. I'm not saying she was intentionally inflating that to 40%, I only wanted to give a more precise amount to those who wondered whether that was true. I took that percentage from a public estimate of her getting 28mln in a year, then applied tax brackets and looked at the marginal ratio.
8:40 Why Ireland and the Netherlands? Why not directly Bermuda?
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5:25 Look at that guy's face, I feel sorry for him...
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Taxation is Theft
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I am sorry but Cardi B and John Oliver should be a couple. Or at least have a podcast.
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How does this man not mention the panama papers
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Corporate taxes are just a tax on employee pay and consumer prices
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This is where he gets simplistic. There is a great argument for all corporations to behave like "Pass Through Entities" (like LLC and S-corporations) and never be charged a corporate profits tax. Let the profit flow straight through and tax the beneficiaries of that profit at the receiving end. Taxing the corporation itself makes no sense, until you deal with foreign holders.... There it becomes tricky, but much less a maze than it currently is.
The corporate tax rate should be zero... Change my mind.
Johnny you stole my cereal Joke! I've been teaching kids for years that if eating cereal, you'd get more nutritional value of you just ate the box. Unless of course you are eating Weetabix, in which case it just tastes like you are eating the box. When can I expect my royalty cheques??
wait wait wait, "our focus is on helping the folks who work in the mail rooms... the people who like me best." (2017) That sure as hell didn't age well.
Am I the only one who clicked on the video because the title looked like, "Corporate Texas"?
Muthafuckas calling my house a pirate haven leave with a split lip...and sometimes a spot marked "X" 😘👽🎩🍭🍻🍑🍆💪🙈🐐
Cardi B is so fucking dumb Jesus Christ
Fast food workers pay more taxes than some of these corporations. That's absolutely infuriating. And pathetic.
my birthday
lmaooooooooooooooooo "YOU CANT SAY PIRATE TO A GUY WITH AN EYE PATCH!!!!!!!!!!!"
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I don't get the Roseanne joke at 1:56 Doesn't Roseanne REALLY hate Trump?
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what about HBO did it pay any taxes
After every video I watch of John Oliver's. I just feel so so bad.. Like why is the world in such a bad situation everytime. On top of it no one seems to even care about most of the issues.😔. Why is our world like this😞😔 When is it gonna change ☹️ Sorry for my bad eng.. 🙏
please upload high resolution picture of stay up late by brian swords, i'm want to use it as wallpaper for my computer, please please please. I love that painting..
Thank God Biden's getting rid of this tax cut when he gets in (I'm Canadian FYI).
Does anyone have the link to the full version of the operetta? Its actually kinda good
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2 years later, Cardi B vote for Biden to raise tax
No wonder our national debt is so high. All these companies get to swindle themselves out of paying taxes. The more money you make the more you save on taxes.
well, you also killed 1,000,000 iraqis.
🎶remember that you’re not rich enough to be affected by a marginal tax rate🎶
So when they do it it's just smart business, but when I do it it's money laundering.
I can't get over how much john looks like steve mnuchin
Probably about to go bankrupt and afraid of the Feds investigating their dirty earnings. Out of all those billions on trillions of dollars most likely somebody got paid to off people secretly not known to anyone because some medical files stating death by natural causes. With that kind of money they would want to hide their money because they might find it addicting to be able to take people out of pictures on the fly. Plus their money could be counterfiet and they're just washing the money in a place they can gain value to their fake monies. Like giving someone a candy wrapper in Europe to turn it into the worth of gold. Blame the metric system. If over-seas they know it's dirty money, it doesn't matter, it'll go in the bank. But if the business is dirty on domestic soil and goes under investigation then their assets could be seized; even their accounts overseas. It's proof of laundering and treason. How is it possible that their is trillions of USD and there's still poor people? Monopolys love hoarding money, and now in the computer times they even enjoy hoarding fake money, just to scare people. Bah-hum-bug Scrooge old white dudes who could care less about ugly minorities, compared to their well privileged white skinned childrens. They loves the moneys. They avid restaurants because maybe they only know how to barbecue hotdogs and burgers. Digital counterfeit numbers could be flooding into honest businesses just by a swipe of a credit card, and a transfer from their offshore account with all that fake junk.
Remember when Americans threw tea into the harbour because they were sick of being corporate slaves? How about the war they started so they could be independent from the companies who sent them to the new world from overseas. But it’s cool I mean fuck your countries ideals when daddy got me an iPhone UwU
John Oliver acknowledging his doppelgänger, Steven Mnuchin is everything.
I'm watching this again after a local news reported about those long, looong food-lines in Texas.
Cardy Bee, is the most disgusting human being.
Didn't know anything about her before now and now I hate her.
Two years later, I pay more taxes and rich people don't pay at all.
Fuck. Cardi B. I pay 40 percent too but I'm not a millionaire. Quit your bitching you annoying bitch. What are you talented at?
We're gonna say it. That Steven Mnuchin clip looked like a cgi segment from a weird video game.
Now I don't believe in reptilians, but these CEOs are hella close to convincing me
These tax cuts led to the lowest unemployment among black and latino people
These are the people who own the politicians... explains so much doesn't it?!
I thought "Panama Scoot" sounded like what a jaguar would do when it rubbed its ass on your carpet.
The thing to remember about Cardi B is she's aggressively fucking stupid.
Platforma handlu kryptowalutami łatwy handel bitcoinem najnowocześniejsza platforma bez haczyków! leadstar.pl/c?pid=33596&tid=3352&ha=2564480831&r=9299
Cardi is an idiot.
For anyone who didn't know, Amazon made $10.8 billion in 2018 and received a REBATE of $129 million! And Activision Blizzard made $447 million and received a rebate of $243 million! That's a whopping -54.4% tax rate! Plus, despite that being a record earning year for Activision Blizzard, they went on to lay off 800 employees at the start of 2019. www.washingtonpost.com/business/2019/12/16/corporations-paid-percent-tax-rate-last-year-steep-drop-under-president-trumps-law/
Sadly, people will still buy their games cause they are basically vg crackheads.
Welcome to Ron's Riddles! We all know how much Ron loves solving puzzles so we thought we'd let you all give it a go! Check back every Monday for something new to solve! See this week's riddle below! Two in a corner, one in a room, zero in a house, but one in a shelter. What is it?
I don't know why they are jumping through these hoops to not pay taxes, they will still be billionaires and Millionaires
Taxes should be 100%
Just fuck off John, you pig. Oliver’s got his high payed attorney, Waxenberg to set up two revocable trusts - JO, named for John Oliver, and KNO, named for his wife Kate Norley Oliver - with Waxenberg as the trustee and his law firm serving as the trusts’ registered address. The trusts were then used to create a shell company called Hoagie’s Place LLC, named for Oliver’s beloved dog. Incidentally, Kate Norley Oliver’s New York voter registration shows she is a Democrat and lives in the penthouse in question. In 2015, Oliver and his wife used Hoagie’s Place to purchase a 39th floor penthouse in an Upper West Side building overlooking the Hudson River for $9.5 million. Property records show they put half down and took out a $4.75 million mortgage from J.P. Morgan. Neither Oliver nor his wife’s name appears on the mortgage, or any of the other property records discussed in this story. Hoagie’s Place is identified as the buyer in the mortgage, but its listed address is an office building in Encino, California that houses dozens of shell corporations and revocable trusts. The 40-story Aldyn “offers residents countless amenities right at their doorstep - the cornerstone being the 40,000 square foot La Palestra Athletic Club and Spa,” according to its website. “This prestigious facility includes a 75-foot indoor pool, hot tub, 38-foot rock climbing wall, basketball and squash courts, personal training, bowling alley and more!” viworld.info/rock/video/sI6M2KbTvYB80Xk.html The New York Times reported on the sale of the penthouse in 2015, saying it had four bedrooms and four and a half baths spread over 3,096 square feet of interior space. “It features Brazilian cherry hardwood floors throughout, a glass-walled corner great room and a terrace that provides panoramic views of the city skyline, the Hudson River and the George Washington Bridge.” The story said that the seller was Andre Crawford-Brunt, the global head of equities trading for Deutsche Bank (who has since left the company), while “the buyer’s identity was shielded by the limited liability company Hoagie’s Place.” Oliver’s neighbors in the building include Jeff Enslin, a hedge fund manager who has worked for Caxton Associates. That fund was created by Bruce Kovner, the well-known right-wing donor whose friends include former Vice President Dick Cheney. Oliver benefits from New York’s property tax system, which offers huge advantages to residents of rich enclaves like the one where he lives. For example, even though Oliver paid $9.5 million for his penthouse, the city assessed its market value for tax purposes at just $1.3 million. However, only $515,000 of that amount was billable for property taxes. At a rate of 12.8 percent, Oliver normally would have paid $66,390. However, property tax records show that, thanks to Trump and Roy Cohn, Oliver gets the very generous 421-a tax break on the penthouse. Hence, his property’s billable value after the exemption plunged by over $300,000, and he owed just $27,343 for 2016. That comes out to a property tax rate of roughly 0.25 percent, which would make Ronald Reagan and Ayn Rand dance in their graves from happiness. The Observer sought comment from Oliver through Avalon Management, which represents him, but did not receive a reply to a phone message or email. One of the best things Trump has going for him is the clueless nature of his enemies, and their great distance from so many Americans. And that’s precisely why Trump’s charge that prominent journalists and celebrities are the “opposition party” resonates with so many of his supporters. Meanwhile, Oliver, a prominent member of the pampered class who argues for closing the wealth gap, turns out to have his nose as deeply in the tax trough as the Wall Street financiers and corporations he criticizes on his show.
And?
remember If you're rich and you take advantage of the government, you're "smart". if you're poor and you take advantage of the government you're "lazy".
This Video didn’t age well
stossel knew what he was doing with that "pirate" remark 😂
His guest said in an interview that he hears one eye jokes all the time.
Wait corporate taxes are a thing?
Cardi B needs to shut up
Aww poor Cardi only has like 30 million instead of 70 million? How could she ever afford a second fleet of yaughts?
7:58 nice 🇮🇪 9:09
I wonder if Cardi B will look back with embarrassment in the years to come on how she conducts herself and the example she sets to young girls who look up to her as an example of what a woman should be/act.... A foul mouth ho... Of course its not just her...not by a long shot. I've seen the young women of today acting quite differently than when i was a young man and the way todays young men talk to them/treat them. It seems that being a foul mouth ho is the new cool and being treated like one is cool as well. My god...where are we headed?? As to corporate tax loop holes and the rich helping themselves to as much as possible....well duh!!!
Mnuchin......smoke show. Blowing smoke up our asses.
This corona crap is a lie!!! World economic forum!! Agenda 21!!!stop being lazy! Look it up! How does it feel to pay forced taxes to a corp? United States Congress and senate even supreme court ARE CORPORATIONS!!! ALL GOV STATE AND FED ARE INCORPORATED!! LOOK IT UP! Dnb. Com. dun and bradstreet does all credit scores for us companies! Go to menu, choose DUNNS NUMBER lookup, select other company, put in United States and choose district of Columbia as state.. And search!! Or you can search your state or city govs!! Our gov has been stolen just like our country!! ThiHow does it feel to pay forced taxes to a corp? United States Congress and senate even supreme court ARE CORPORATIONS!!! ALL GOV STATE AND FED ARE INCORPORATED!! LOOK IT UP! Dnb. Com. dun and bradstreet does all credit scores for us companies! Go to menu, choose DUNNS NUMBER lookup, select other company, put in United States and choose district of Columbia as state.. And search!! Or you can search your state or city govs!! Our gov has been stolen just like our country!!
can u help me find my sonn
Fml, I'm going to jail! 🤦🏻♂️😭😭