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Diana
Lv 5
Diana asked in News & EventsCurrent Events · 1 decade ago

CNN just reported this?

13 bailed out firms owe back taxes and signed documents that they didn't owe any. Two firms owe $100m plus, do we have a problem here

9 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Not a surprise.

    That should be expected when there is NO regulation or oversight.

    Stay tuned; as the media and regulators start to do their jobs and dig, you'll see plenty more outragious abuses suface.

  • 1 decade ago

    Yes, not only did they owe the money, but those companies signed papers saying they did not owe any taxes. That is a lie, huh?

    Furthermore, the government did not check all the companies, just a random sampling. So, with this being said, should we check them all, and take back the part they owe? And still make them pay us that part back with interest as well?

    I think it's fair.

  • Fraud
    Lv 5
    1 decade ago

    YES! Ask the companies to get independent audits. You'll find they owe the citizens much more... and why bail them out. It is like rewarding someone for having stolen well, and not getting caught.

  • Anonymous
    1 decade ago

    The whole systen has turned into a joke under Obama. Why pay taxes? No penalty for democrats. Why pay your mortgage, Obama will bail you out. Why try to run your company profitably, Obama will give you a few billion. Why get a job, Obama will extend unemployment benefits forever. I w3onder how much CNN owes?

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  • 1 decade ago

    Since a large percentage of those appointed by Obama were tax cheats themselves, the Obama administration will be very tolerate of companies that cheat on their taxes. We put the wolves in charge of the hen house.

  • Anonymous
    1 decade ago

    Let me guess. The Obama administration will act shocked and outraged by this? Like they had no idea. Wait a minute, should it surprise us that they had no idea this would happen?

  • 1 decade ago

    We've had a problem since they first asked for the money.

  • 1 decade ago

    All this in a nation that has abandoned God .

    There is no hope without National repentance which I do not see happening.

  • CC
    Lv 7
    1 decade ago

    We've had a problem since 1/20/09.

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