Goldman Sachs paid no Federal Taxes last year?

S

spinn

Bill O'Reilly is on TV saying Goldman paid no Federal taxes last year.

Is that true?

If so, why not?

They gave no answers as to why they do not pay.
 
Rich corp F^&ks don't pay tax.

It's the upper middle class/rich who pay taxes. That is, those who haven't yet left the country.
 
They paid $14,000,000 in tax on over $2,000,000,000 of profits.

Compare that to Exxon that paid $3.1 billion in taxes and made $4.7 billion (after tax)

Its good to be the king

5yr
 
Because they diverted profits - through bookkeeping trickery - to other, more tax favorable locations around the world. It's rather amusing that the treasury secretary tends to come from GS but GS pays no taxes.

Quote from spinn:

That is 0.7%.

Where is that cited?

And, why were they able to pay so little?
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