Occupy Wall Street MYTH: Corporations Don't Pay Taxes

Corporations do pay taxes. In the billions.

From The Blaze: Occupy Dayton Harass Black Friday Shoppers at Target and Walmart

Black Friday shoppers in Dayton, Ohio, were in for a rude awakening when Occupy Dayton protesters (we’ve reported on their antics before) entered a local Walmart and Target and began mic-checking and berating individuals and families.

On the protest group’s YouTube page, a five and a half minute video has been posted. In it, Occupiers document and promote the torment they attempt to inflict on shoppers.



At the 40 second mark, you’ll see the first clip, which was taken at a local Target store. Around 1:08, a male voice can be heard asking, “Ready?” Within seconds, the protesters begin yelling, “Mic check!” Then, they launch into their seemingly endless chant:

“Hello Daytonians. We have a message for you. This will only take a moment. It is shameful that you spend your hard-earned money at a corporation who does not care about your family. They insult the 99 percent. They pay little or no taxes, while profits soar. Our tax money goes to our public schools. We find it an outrage that you continue to shop here in support of a corporation who does not support you.”

So what happened to protesting bank bailouts? Oh, that is sooo September 17. The malcontents have shifted their focus toward condemning average American citizens who are trying to get in some holiday shopping.

Large "big box" stores are popular because they often carry enough merchandise and offer sale prices for popular items. Would that not be considered "caring" about hard-working families?

As for the "little or no taxes" lie -- try this on for size: In 2009, Walmart paid $7.1 billion in taxes. Yes, that's right, little anarchist. A bit more than what you owe for your college tuition loan. CVS, which has a pre-tax income of $5.9 billion, pays $2.2 billion in taxes.  Most of these mammoth corporations pay a tax rate of around 32% and higher.

Somehow, these dense Occupy Wall Street protesters fail to grasp that much of the taxes paid by corporations go to the government which ultimately trickle down to programs. Sales taxes benefit the states. However, politicians make sure to get a nice, fat slice of that money as their salary and benefits. Pelosi's plastic surgeon needs to be paid, you know.

Good night, the thought of Pelosi not being able to afford more plastic surgery is worth it. Down with corporations!