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NewJeffCT

(56,828 posts) Fri Mar 27, 2020, 09:47 AM Mar 2020

If big corporations need a bailout

how about we refund them the taxes they've paid the past year?

oh wait...

2 replies

= new reply since forum marked as read

Highlight:

If big corporations need a bailout (Original Post) NewJeffCT Mar 2020 OP

Mitt Romney.."Corporations are people, my friend." ProudMNDemocrat Mar 2020 #1

U.S. non-financial corporations are sitting on over $4 trillion dollars in cash dalton99a Mar 2020 #2

ProudMNDemocrat

(16,786 posts)

1. Mitt Romney.."Corporations are people, my friend."

Reply to NewJeffCT (Original post)

Fri Mar 27, 2020, 09:49 AM

Mar 2020

They do not pay taxes..

dalton99a

(81,515 posts)

2. U.S. non-financial corporations are sitting on over $4 trillion dollars in cash

Reply to NewJeffCT (Original post)

Fri Mar 27, 2020, 10:11 AM

Mar 2020

https://hbr.org/2020/01/why-are-companies-sitting-on-so-much-cash
Why Are Companies Sitting on So Much Cash?
by Kristine W. Hankins and Mitchell Petersen
January 17, 2020

U.S. non-financial corporations are sitting on just over $4 trillion dollars in cash, according to the latest Flow of Funds estimates, up from $2.7 trillion a decade ago and just $1.6 trillion in 2000... Some corporations are sitting on more than $100 billion dollars each.

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