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sinkingfeeling

(51,457 posts) Tue Jun 19, 2018, 10:48 AM Jun 2018

John Roberts on the company behind the detention centers and their [View all]

profits made tax exempt. This may have been posted before.

Thread
https://mobile.twitter.com/_thejohnroberts/status/1008493012207448064

Last year, Core Civic made about $180 million dollars, and paid out 90% of that as dividends to its investors. The company is classified by the IRS as a Real Estate Investment Trust, which means it doesn't pay federal income tax on most of its earnings, nor do its investors. 2/12

14 replies

= new reply since forum marked as read

Highlight:

John Roberts on the company behind the detention centers and their [View all] sinkingfeeling Jun 2018 OP

Nobody rich pays taxes Crutchez_CuiBono Jun 2018 #1

Which is exactly why they favor a consumption tax. KPN Jun 2018 #5

Wonder how much they are paying drumpf and sessions? lark Jun 2018 #2

It would be interesting to find out...who is benefitting, profiting from immigrant internment camps RestoreAmerica2020 Jun 2018 #12

WTF???? These monsters are making profits off of this too? Moostache Jun 2018 #3

That shouldn't be a big shocker with our current band of repubs.... all they care about is profit. groundloop Jun 2018 #4

WTF? Southwest Key operates most of the Kiddie Koncentration Kamps OhNo-Really Jun 2018 #6

He said that in first tweet. sinkingfeeling Jun 2018 #9

The Texas Database is open for all to see OhNo-Really Jun 2018 #10

Don't have Twitter. sinkingfeeling Jun 2018 #14

This is obscene! smirkymonkey Jun 2018 #7

Check out their website if you want to see some real propaganda. KPN Jun 2018 #8

Southwest Key is worse, much worse. Warehousing the children OhNo-Really Jun 2018 #11

googled Core Civic stockholders OxQQme Jun 2018 #13