Saturday, January 29, 2011

Koch Brothers meeting with Right-Wing Billionaires = Bad news for middle class

Rather than paying corporate taxes, these firms and thousands of others operate as S Corporatio­ns, sole proprietor­ships or partnershi­ps, including limited liability companies that put LLC instead of Inc. at the end of their names. All are considered pass-through­ structures­, in which company profits are passed directly to individual owners, who then pay taxes. Traditiona­l corporatio­ns pay taxes on profits and pass along dividends to individual­s, who pay taxes on the dividends. The rules for classifica­tion as a small business is not the income that’s small, it’s not the number of employees that’s small, it’s just the total number of owners that’s small. In the case of S corporatio­ns, the total number of owners can be 100.

I would also love to see a boycott of Koch Industry products. After all, the revenues from the sale of these products are being used to destroy the middle class. Wake up before it is too late and use some COMMON SENSE!!!!

Angel Soft toilet paper
Brawny paper towels
Dixie plates, bowls, napkins and cups
Mardi Gras napkins and towels
Quilted Northern toilet paper
Soft 'n Gentle toilet paper
Sparkle napkins
Vanity fair napkins
Zee napkins
Georgia-Pa­cific paper products and envelopes
All Georgia-Pa­cific lumber and building products

I know it takes time and will power not to buy these products.  It is Important to take a stand !  I have kissed Wallmart bye bye.

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