Drudge Retort: The Other Side of the News
Friday, May 29, 2020

Reuters' does an analysis of the 110 publicly traded companies that each received $4 million or more in emergency aid from U.S. taxpayers: "Of those subject to taxes, 12 of the companies recently used offshore havens to cut their tax bills, the analysis found. All together, these 12 received more than $104 million in loans from U.S. taxpayers. Seven of them paid no U.S. tax at all for the past year."



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The next round should include provisions that ban companies that avoid U.S. taxes by offshoring profits from receiving help from a U.S. government funded by tax paying individuals and companies.

#1 | Posted by AMERICANUNITY at 2020-05-28 07:55 PM | Reply

Of course it did.

#2 | Posted by a_monson at 2020-05-28 11:15 PM | Reply

The loans should be contingent on the proportion of tax bill they paid.

Use loopholes ect to get out of 30% of taxes? Lose 30% of the loan amount.

Pay no taxes? Have zero access to loan funding.

When will people wake up and realize how many corporations are leaches sucking the US dry?

#3 | Posted by jpw at 2020-05-29 01:26 AM | Reply

Federal government should immediately demand those funds to be returned to the Treasury. F these profiteers, they should be in jail. Americans are so naive, we let these crooks steal from us all the time. Thanks Rethuglicans.

#4 | Posted by danni at 2020-05-29 09:04 AM | Reply

The US is the only country that gave relief money to companies without the requirement that the funds be used to pay workers.

Who got the money? Millionaires got millions. The middle class got $1200.

It is clear who the GOP serves.

#5 | Posted by Nixon at 2020-05-29 09:46 AM | Reply | Newsworthy 5

Its another way of propping up the stock market.

#6 | Posted by RightisTrite at 2020-05-29 11:19 AM | Reply

Strange that these companies were able to do this. We need to ask our legislators for the past 50 years why they made this legal and why they gave them this money.

Why is this legal?

It's a good thing the public holds lawmakers accountable. Guaranteed the people will reelect them.

#7 | Posted by Petrous at 2020-05-29 10:08 PM | Reply

"It's a good thing the public holds lawmakers accountable. Guaranteed the people will reelect them."

Rarely to I agree with PETROUS but today I do. I believe great wealth grants some people the authority they believe they are entitled to that allows them to control our politicians as if they are employees. Corrupt Supreme Court has destroyed our political system in several decisions, they still can't honestly tell us a corporation is a person but they stick to that story. We need to clean house, and remove the corrupt members of the court, if through impeachment then so be it. Hopefully, with enough public outrage those pieces of crap will just resign. Clarence Thomas should be a bad memory not a Justice that doesn't honestly believe in justice. The most sold out member of the Court.

#8 | Posted by danni at 2020-05-30 12:17 PM | Reply

It is clear who the GOP serves.


It should be crystal clear by now what the GOP and Trumpy's agenda are.

The GOP are stuffing the courts.

And Humpy is stuffing his pockets with stolen loot as fast as possible and help his "friends" and the Family help themselves, too.

He did make a slight miscalculation tho

He did not count on the pandemic.

And he does have to win the election to stay out of the courts and probably jail.

And that is going to be one neat trick in this climate.

Unfortunately for him, in this Hunger Game, the odds are NOT in his favor.

#9 | Posted by donnerboy at 2020-05-30 12:44 PM | Reply

Too many big hogs at the trough. MAGA

#10 | Posted by getoffmedz at 2020-05-30 01:37 PM | Reply

Before the GOP stuffed the courts, were the courts even?

#11 | Posted by Petrous at 2020-05-30 02:04 PM | Reply

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