More than 30 people spent their lunch hour protesting outside Chevron's headquarters in San Ramon on Monday afternoon. Participants called for higher taxes for wealthy corporations such as Chevron, which allegedly received a $19 million IRS refund in 2009 without paying taxes.
Read the full story here Web Link posted Tuesday, April 19, 2011, 2:19 PM
Posted by Yes!, a resident of the Ruby Hill neighborhood, on Apr 19, 2011 at 8:50 pm
Thank you for protesting! It amazes me how quick people are to blame teachers, fire fighters, and police officers for their "exorbitant" retirement accounts, and yet no one is on these boards demanding that big business pay their fair share. Where are the posts from "Patriot" on this one?
Posted by Drexl, a resident of the Ironwood neighborhood, on Apr 20, 2011 at 2:06 pm
You people are crazy. Tax code is used as an incentive for new techonology and expansion; without it, we would all be paying a lot more at the pump than we already do. Any deduction/expense paid, reduces the taxable income. Do you people expect companies to pay taxes on top of net losses due to R&D including exploration costs?
Any "pay fair share" lunatics believe that our tax code is regressive, and who cares if a company had expenses; if the revenue was 10 billion, damn it, pay the tax on that 10billion. Again, lunatics!
Posted by Mike, a resident of the Del Prado neighborhood, on Apr 20, 2011 at 3:26 pm
I always thought that getting a refund meant you overpaid your taxes. It is disingenuous to say Chevron did not pay taxes. Those idiots should at Facebook protesting Obama cause if I'm not wrong he appointed Jeffery Imelt who was the CEO of GE. The same GE that did not pay any taxes and got billions stimulus money. Those who follow idiots are idiots.
Posted by What?, a resident of the Birdland neighborhood, on Apr 20, 2011 at 5:02 pm
John says "That doesn't excuse Chevron's behavior. Just because something is legal doesn't mean it is right."
You're kidding right? Do you take deductions when you do your taxes? What a bunch of hypocrites; you want someone else to pay more taxes and I'm sure not one of you passes up an opportunity to save your own dimes. And you really think corporations pay taxes? They pass on all those costs to their customers otherwise they wouldn't be in business. So not only are you paying the visible taxes the Feds and state add to each gallon of gasoline, you're also paying the taxes paid through the oil company, refiners, transport company, station operator....
Posted by SteveP, a resident of the Parkside neighborhood, on Apr 20, 2011 at 10:55 pm SteveP is a member (registered user) of PleasantonWeekly.com
John, do you drive a car (or a Prius?). If so, your disjointed comparison of Chevron to big tobacco means that you are contributing directly to the death of millions who are suffering at the hands of Big Oil (not!). Kinda makes your premise look pretty stupid.
Posted by John, a resident of the Another Pleasanton neighborhood neighborhood, on Apr 20, 2011 at 11:07 pm
"Do you take deductions when you do your taxes?"
No, I take the standard deduction, I don't itemize, but not because it is a moral or ethical issue, I just don't pay enough interest to itemize. The difference is that I don't pay people who then go to work in president's administrations and in congress to go write specific loopholes for me. I also don't send my CEO to be Secretary of the Treasury (think Goldman Sachs) so that he can be in place to bail me out after my risky bets go south. Sure it was legal, but it was just plain wrong. Why should Goldman Sachs, Morgan Stanley, and AIG not have to suffer the consequences for their mistakes?