Corporate Taxes: Last Week Tonight with John Oliver (HBO)

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  • Published on Apr 16, 2018
  • Many of America’s largest corporations shift a surprising portion of their profits overseas to avoid paying taxes. Even more surprisingly, that’s a legal thing to do.
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Comments • 6 647

  • tijmen131
    tijmen131 20 hours ago

    Here are in The Netherlands we have dropped or dividend taxes so it's even cheaper for big companies to go to NL, your welcome

  • Marc Züst
    Marc Züst 8 days ago

    I must say it embarrasses me to no end that my small home country is only ever brought up when talking about things like Nazi gold, tax avoidance & Islamophobia.
    Ok, and cheese. And maybe Einstein. Case in point: It's not all bad here, people, I swear!

  • Greekgeek Sings Undertale

    Oh I'm dumb, I read this video as corporate Texas

  • Jaimie Bainborough
    Jaimie Bainborough 10 days ago

    I can guarantee that no teacher worth their salt likes trump

  • I’m still not over the Tae yang Concert 9.1.17

    I understand the need for taxes but why does the government take so much? And the worst part is, the money can’t be regulated on what the government does with the money 💰

  • NeverTurnOffTheAmp
    NeverTurnOffTheAmp 13 days ago

    We conclude: Cardi B. can rap but is unable to perform a relatively simple google search. For the obvious reason that that wouldn't bring her clicks.

  • Felipe Ito Anuatti
    Felipe Ito Anuatti 15 days ago

    That silly chart John Oliver showed at 12:00 (employment per year in the main companies benefited by the tax holiday) is nothing more than a silly chart. It shows a clear downward trend that preceded the tax holiday. A proper analysis of the impacts of that policy would imply controlling for other factors such as automation or outsourcing. It’s possible that the employment decrease would’ve been much more significant had the 2005 tax holiday not been approved. Trump’s tax reform will have detrimental effects to the US’s budget deficit and to inflation but the reduction of the corporate rate was much needed and hardly an outlier in the developed world.

  • Christopher Simms
    Christopher Simms 15 days ago

    Can't wait until artificial intelligence systems run government policy.

  • Max Lynn
    Max Lynn 18 days ago

    Badger is covered in chocolate. Gotta pay someone to clean the badger. Person has job now.

  • TheHorseFormerlyWithoutAName

    So when they do it it's just smart business, but when I do it it's money laundering.

  • cycleforwardtime
    cycleforwardtime 19 days ago

    The truth is that no Trump supporter will believe this.

  • Pearl Hernandez
    Pearl Hernandez 19 days ago

    😊😁 ℕ𝕦𝕞𝕓𝕖𝕣rrr 𝟣 𝓈𝑒𝒸𝓇𝑒𝓉ttt 𝙩𝙤 𝓂𝒶𝓃𝒾𝒻𝑒𝓈𝓉 𝙮𝙤𝙪𝙧 dreammmm 𝕝𝕚𝕗𝕖 😊😁 > bit.ly/2RIWKbp?ZmXgLAKaT1ks 😊😁 4917

  • Scorpio Snake
    Scorpio Snake 21 day ago +1

    Well 15% better than 0% . That's a good start . Trump 2020 .

  • Dreamtrain
    Dreamtrain 22 days ago

    5:16 LMFAAOOOOO

  • DaveyTheDJ
    DaveyTheDJ 22 days ago

    Tell me something is our current treasury secretary from Germany? Coz his last name sounds like a city name in Germany

  • AnnoyingMoose
    AnnoyingMoose 22 days ago

    WTF is a Cardi B??

  • Pēteris Krišjānis
    Pēteris Krišjānis 23 days ago

    So turned out John and all skeptics were absolutely right.

  • Sudarshan Sethuram
    Sudarshan Sethuram 23 days ago

    Its actually very easy to deal with tax heavens though, you must simply revise your tax agreements with the said tax heavens with a view to make it mutually beneficial. I dont know about america, but thats what most asian countries do with singapore and maldives(asian tax heavens)

  • chugshhh
    chugshhh 24 days ago

    To be fair, what is the alternative? Those taxes were long gone without the incentives. It’s better to have 15% of the watermelon than 35% of the grape. You can’t seriously blame companies for trying to make as much money as possible. It would be contradictory to their very own nature.

    • Pēteris Krišjānis
      Pēteris Krišjānis 23 days ago

      Alternative is to enforce 'homeland principle' between countries. Europe is already talking about this. USA doesn't want it due of....lobby of corporations. Despite USA could benefit grately from that.

  • Renato Odar
    Renato Odar 24 days ago

    0:50 The audience chering a very uninformed clain.

  • Giorgio Gazzola
    Giorgio Gazzola 25 days ago

    DERRRRRR!!! JOB CREATORS!!!! OBAMER IS A MOOSLIM!!

  • Limbo Bilbo
    Limbo Bilbo 25 days ago

    You’ve hears of elf on the shelf, get ready for scoot in the boot!

  • Mr X
    Mr X 26 days ago

    "Those are hitler bucks, ya swiss fucks" .. now that is comedy gold

  • mustbtrouble
    mustbtrouble 27 days ago

    Nov 2018 Trump says he wants to pass another tax cut this time for "the middle class". Same as last time but I guess, freal?

  • WhyAmIHereAgain ;-;
    WhyAmIHereAgain ;-; 27 days ago

    Ahhh loved the Musical joke you put in there!

  • Zivan B.
    Zivan B. 28 days ago

    BOARDER WALLL!!!! ahahhah

  • We Deserve Better
    We Deserve Better 29 days ago

    Solution: get rid of income tax completely and replace it with property tax.

  • GOD
    GOD 29 days ago +1

    *HAPPY EASTER!*

  • GOD
    GOD 29 days ago +1

    *BORDER WALL*

    • GOD
      GOD 6 days ago

      +Rachel Tucker That's how I know you're a dumb fuck who didn't even watch the video

    • Rachel Tucker
      Rachel Tucker 6 days ago

      PSYCHOPATH

  • appledroplarry
    appledroplarry 29 days ago +1

    Why dont you quit being a pussy and put some cheese on it?

  • Dobbs Mill
    Dobbs Mill 29 days ago

    You can't complain if someone dies something legally.
    Close the loopholes, legislate so that tax is paid proportionately to the geographical area where the revenue is generated.

  • Dobbs Mill
    Dobbs Mill 29 days ago

    Haha i dont live in US, so not familiar with US pop culture. But who the fuck is that operation faced mad bitch at the start? Holy fucking jeepers....

  • Frank289100
    Frank289100 Month ago

    I CAN'T UNDERSTAND HOW THE IRS IN THIS COUNTRY IS SLEEPING. LETS SAY I'M A HARDCORE COMMUNIST FIRM COMING HERE TO AMERICA AND OPEN UP A WORKMAN'S COMPENSATION INSURANCE COMPANY LIKE STATE INSURANCE FUND IN NEW YORK. THEY COLLECT A PERCENTAGE OF THE PROFITS THE SAME WAY UNCLE SAM DOES. SO TECHNICALLY THEY ARE TAX COLLECTORS THEMSELVES COMPETEING AGAINST OUR GOVERNMENT. THEY FORCE YOU BY LAW TO HAVE THESE POLICIES AND THEN PROFIT ON THEM AND CHOKE THE SMALL BUSINESS MAN WHERE EVENTUALLY THE ONLY ONES ABLE TO PAY THESE POLICES ARE BIG COMPANIES THAT TAKE IN TREMENDOUS AMOUNTS OF WORK. WILL BE THE ONLY ONE TO SURVIVE. NOW THE LIABILITY COMPANIES ARE DOING THE SAME THING. THEY ARE ALSO COLLECTING A PERCENTAGE OF THE PROFITS WHICH MEANS THEY ARE PRIVATELY OWNED TAX DEPARTMENTS AND THE TAX PAYERS WILL NEVER SEE A PENNY OF THAT MONEY. IN THE END IF THE GOVERNMENT DOESN'T STOP THIS IMMEDIATELY. IT IS UNCLE SAM WHO WILL BE CHEATED IN THE END AS WORKMAN'S COMP AND LIABILITY COMPANIES RAKE IN TAXES AS PROFITS. THE IRS SHOULD IMMEDIATELY STEP IN AND STOP THE LIABILITY COMPANIES FROM THE PRACTICE OF COLLECTING PERCENTAGES OF THE EARNING OF A COMPANY. (ONCE AGAIN THEY ARE PRIVATE TAX ENTITIES CHEATING UNCLE SAM). IF YOU LOOK DEEP INTO THE TAX LAWS IT IS ILLEGAL FOR BOTH STATE INSURANCE FUND AND WHAT THE LIABILITY INSURERS ARE PRESENTLY DOING TO COLLECT PERCENTAGES OF COMPANY EARNINGS. IF STATE INSURANCE FUND COLLECTS MONEY FROM A COMPANY. AND THAT COMPANY HAS NO INJURIES. A LARGE PORTION OF THE PERCENTAGE THEY TAKE, SHOULD BE RETURNED OF THE TAKINGS OF THAT CALENDER YEAR. WHERE IS THE AMERICAN I KNEW YEARS AGO. EVERYTHING HAS BECOME CORRUPT AND GOOD MEN IN THE GOVERNMENT WHO ARE TRUE AMERICANS AND BELIEVE IN GOD. SHOULD PUT A STOP TO IT. GO AFTER THE LIABILITY COMPANIES WHO ARE NOW BECOMING PRIVATE TAX ENTITIES IMMEDIATELY BEFORE IT SPREADS LIKE CANCER. IT SHOULD BE ILLEGAL FOR ANY PRIVATE ENTITY TO COLLECT A PERCENTAGE OF GENERATED PROFITS OF AMERICAN RUN AND OWNED COMPANIES. LET THESE INSURANCE COMPANIES DO THAT OUTSIDE AMERICA, NOT HERE.

  • Quentin Bradford
    Quentin Bradford Month ago

    Listening to that Cardi B. bitch talk made me feel like my IQ had dropped thirty points! JESUS FUCKING CHRIST!! I have NEVER heard such unintelligible bullshit come out of someone's mouth! Even the DUMPSTER sounds better! Did that stupid twat ever bother to attend even one day at her school??? I guarantee you to get where she is know involved her opening her mouth and spreading her legs more times than even an intelligent human being could possibly count! WORTHLESS SKANK WHORE!!!

  • jackiechan511
    jackiechan511 Month ago

    Tax cuts have been proven time and time again that it doesnt do what it intends to do whether job creation or raising to ernment revenues

  • Julie W.
    Julie W. Month ago

    That chart that John Oliver showed is clearly not accurate. There are a lot of things that are in the budget that aren't even included on the chart they showed.

  • Kelamanjaro Collins

    Cardi B is a mess lol

  • Buklen
    Buklen Month ago

    Can't forget that a large number of Trump branded products are made overseas

  • Kharnath
    Kharnath Month ago

    do people also ask what the ceo or shareholders of mcdonalds do with "your" money?

  • 5Oblivion
    5Oblivion Month ago +1

    So when poor people don't pay taxes, they're lazy, entitled moochers in the eyes of Republicans, but when the 1% don't pay taxes, they're lauded for their "ingenuity" and "embrace of free markets". Sometimes I really fucking hate America.

  • Austin Belore
    Austin Belore Month ago

    1:04 - 1:26
    If John Oliver worked for the IRS I’d request his assistance to tell me what the government is doin with my Fuckin money.

  • justanotherguyful
    justanotherguyful Month ago

    I applaud anybody that manages to avoid paying taxes because most of it is wasted money , just because I couldn't manage to do it shouldn't mean I should hate the people that did.

  • Pete Paul
    Pete Paul Month ago

    Who the fxck is cardi, who the fxck cares what she says, I cant fxckin believe these are the stars of today. Smarten the fxck up kids

  • Gobsnachaz
    Gobsnachaz Month ago

    I’m kind of depressed some people cheered when that airhead lady “wanted receipts.” It’s very easy to find that information, she is just too dumb and lazy to do it.

  • Philip Leitch
    Philip Leitch Month ago

    In Australia we get a breakdown of where the government wastes our money. Welfare is a bigger net spend than military, education and health combined. And that's in a country with free public health care and subsidised pharmaceuticals and private health.

  • Friendly Russian Hacker

    The only fair tax rate is 100%, everything else is semantics.

  • The wild Crowbar
    The wild Crowbar Month ago

    Why do you always just give out about trump tho it’s boring he definitely ain’t as bad as you make him out

  • The wild Crowbar
    The wild Crowbar Month ago

    Yeah 15% is alright

  • PurpleSuicide
    PurpleSuicide Month ago

    You shouldn’t blame Trump
    Corporations have heavy influence in government. To all put this on one man would to be ignorant of how the government functions to protect class interest
    But you can definitely blame trump for everything else because Trump is a cunt face

  • j. D.
    j. D. Month ago

    This seems even less fair when you consider that in the past few years the U.S. has starting forcing their average citizens living in other countries to pay taxes on the income they make out of country. I have known Americans living in Canada who relinquished their American citizenship so that they wouldn't have to pay taxes twice.

  • Drew Vinyl
    Drew Vinyl Month ago

    The majority of Federal income taxes doesn't go to any of the things that were mentioned. Your tax dollars goes to paying the interest levied by the Federal Reserve for fractional lending.

  • Darin Ess
    Darin Ess Month ago

    " it was the jews" lol really

  • LucifeL MartelL
    LucifeL MartelL Month ago

    The day the world realises that ' it has always been the Jews...' is the day they will also understand irony behind that joke too. I just love it how in the media they just slip it in with the ' too stupid to be true' factor.

  • WillTell
    WillTell Month ago

    but murica doesn't have healthcare...

  • We Are The Mags
    We Are The Mags Month ago

    What is a "Cardi B" and what language was it speaking?!

  • The Emiester
    The Emiester Month ago

    Anyone notice trump saying plum ber instead of plumber

  • NewhamMatt
    NewhamMatt Month ago

    Did Oliver deliberately wear the same tie as Mnuchin?

  • Nikhil Shrivastava
    Nikhil Shrivastava Month ago

    He wasn't shouting, you douche!

  • Stoodmuffin Personal

    So. Money laundering. And tax evasion. Those are crimes.

  • Ruby Doobie
    Ruby Doobie Month ago

    Whoo I can finally watch these.

  • Steve Matthews
    Steve Matthews Month ago

    I'm a truck driver/ equipment operator and nobody hates Trump more than me !!

  • A. Lutrien S
    A. Lutrien S Month ago

    I can finally see this video...it’s October 18 here in Canada. Why was it blocked if it was going to be available anyways? :/

  • Zulfburht
    Zulfburht Month ago

    So basically companies that have millions of dollars are so cheep and petty. They will fuck over their own country and people by doing everything in their power to avoid taxes... That is fucking bullshit an they know it. A bunch of cheap, greedy, cock sucking, god damn, mother fucking, bitches that don’t care about their country, people or customers, and only care about their ugly ass fuckin selves. I hope the fuck some day someone blows up one of them off shore headquarters just to fuck them over.

  • Leonard Thomas
    Leonard Thomas Month ago

    Trump supporter watches video-
    “Trump is gonna bring more money in the pockets of American citizens. I know this whole video is a lie.”

  • Erica McClure
    Erica McClure Month ago

    Wow. I just love getting tax taken out of my freaking waitress hourly wage of $2.50 when multibillion dollar companies don't pay any. How fun.

  • Kenny Martin
    Kenny Martin Month ago +1

    Wait? Whats this? HBO has released the episodes they held hostage for 6 months international y? Looks like I have some watching to do.

  • Daniel Jakes
    Daniel Jakes Month ago

    YES DADDY. I CAN WATCH IT IN CANADA.

  • UnethicalGamer
    UnethicalGamer Month ago

    this is why i fucking hate cardiB and her fucking music.

  • kamikazemelon787
    kamikazemelon787 Month ago

    DONT TALK SHIT ABOUT TOTAL

  • George Grigoras
    George Grigoras Month ago

    I finally found the argument I needed to fully convince myself that Cardi B is the 57th stupidest person currently alive

  • aceous99
    aceous99 Month ago

    Gov is run by corporations.

  • Steeeb2112
    Steeeb2112 Month ago +1

    I get it!!! He looks like Steven mnuchin.

  • Yehuda Hamer
    Yehuda Hamer Month ago

    I want to be a fudge cleaner.

  • Alex Green
    Alex Green 2 months ago +1

    Donald Trump is a multi millionaire and not even an inspirational one that is self made and worked his way up from nothing he was born rich and stayed rich, why do people think he cares or understands working class Americans. He probably doesn’t even know any working class people all his friends are rich too.

  • pollin1337
    pollin1337 2 months ago

    3:15 2008-2015. obama?

    • cioda
      cioda Month ago

      Obama was no saint about it. But he was certainly better than Trump. At least Obama tried to lower the deficit and help the people. Even if he was pro banker

  • dq303
    dq303 2 months ago

    I wonder what republicans think about this... the fact that American companies are the majority “milking the system”
    ... Oh no that can’t be it. Blame immigrants for all our problems and terrorism .Except when you’re white of course , then it’s just a mental problem

  • HimmicaneDavid
    HimmicaneDavid 2 months ago +3

    Kind of disappointed to see John put most of the blame on the corporations and the 1%. Its kind of ridiculous to expect large corporations to police themselves. They exist to make money there is nobody making decisions saying "well i think paying more in taxes is just the right thing to do." You wouldn't make it to a position of power at a large corporation with that attitude.
    If I was doing my taxes and I found a way to pay substantially less and still be within the confines of the law why wouldn't I do it? The problem here is our tax code itself needs to be reformed by someone who understands this. The problem with this is every congress member has to run a campaign to get elected. The campaign are extremely expensive and usually paid for by massive corporations who fund your campaign so you wont do something like fix the tax codes. Citizen United opened the flood gates on money going into politics and we need to overturn it.
    As Americans we need to stop voting on party lines and all get behind someone who will make getting money out of politics their #1 priority. Of all the big problems are country faces right now this is the most glaring.

    • TheRMeerkerk
      TheRMeerkerk 7 days ago

      I think the reason corporations are mostly blamed for this is because of something you already mentioned. They don't just find loopholes, they also basically create them by pushing politicians to sign the bills that are most profitable for them. It seems kind of like playing a football game with players on drugs that are by the rules not considered illegal yet, while also bribing the referee to not really look into it too much.

  • A Y
    A Y 2 months ago

    even 8% on profits abroad is still better than 0, that might encourage companies to put their assets back to America you idiot. Everybody is quick to blame, but it is in fact good, reasonable deal.

  • Devan McClaine
    Devan McClaine 2 months ago

    The effective rate....awwww, fuck it, facts don't mean shit anymore

  • Lena Willems
    Lena Willems 2 months ago

    Test two swear lgtyfyp command minimum specialist anniversary herb host well

  • UnYin99
    UnYin99 2 months ago

    "you know the government is taking 40%, of my taxes..."

  • UnYin99
    UnYin99 2 months ago

    I was looking for something to watch before going to sleep. This wasn't a good choice. :-/

  • David Ford
    David Ford 2 months ago

    ! Taxation is Theft !!! Stop "legal" plunder !

  • OhSun Kang
    OhSun Kang 2 months ago +1

    That's what you get when you have uncompetitive tax rates. Corporation lose the incentive to keep their jobs in America.

  • Christopher George
    Christopher George 2 months ago

    What about the Vatican Bank!

  • Will Cheung
    Will Cheung 2 months ago

    The rich will find a way no matter how hard you try to tax them... and they have the power and they have the intelligence to do so...
    So y'all whining about how come they aren't paying more are ripping yourself off by supporting higher taxes... Think about it guys...

  • David Dorante
    David Dorante 2 months ago

    Yeah says the one using the same loop holes to buy a nyc aparment

  • Raynefyre Starfall
    Raynefyre Starfall 2 months ago

    Arbor day is my birthday hahaha

  • BaldingClamydia
    BaldingClamydia 2 months ago

    "It would be like pirate heaven" and the guy with the eye patch had to stop himself from smirking! You saw it didn't you?!

  • Lord Blondie Wise
    Lord Blondie Wise 2 months ago

    Arbor Day is in October

  • GamerPrincessXI
    GamerPrincessXI 2 months ago

    www.gofundme.com/8r84qq-in-need-indeed

  • Eric F.
    Eric F. 2 months ago

    I love this show but this episode could not be more wrong. The entire point is moot. The income tax policy changes are as well. *No* businesses pay taxes, anywhere, ever. *All* taxes are paid by consumers. Taxes are a business expense like any other, payroll, electricity, raw materials, & the costs are rolled in to the final product or service. A business sheltering itself from taxes makes their product less expensive. Businesses use shelters primarily for competition reasons, for an edge over by using a lower profit margin. Paying zero taxes is *good* for consumers. Approximately 20% of the cost of all domestic goods are embedded corporate income taxes. Eliminating that automatically makes domestic products more competitive with imports. The Fair Tax corrects all of this. Under the Fair Tax everyone pays including illegals and criminals and they pay an amount precisely commensurate to their wealth.

  • Lord Voldemort
    Lord Voldemort 2 months ago +8

    Corporate taxes are a tax on small growing business, not a tax on large corporations.

  • Brian Boyer
    Brian Boyer 2 months ago

    Uncle Sam I want to know what you're doing with my mother fucking money.......yo.....like....for real!

  • Wilhelm Otto Dusseldorf

    Tim Cook donated $200 billion to China to help them clean up their pollution. Do you know what they’ll do with that money? Not invest it into their shit environment. Fuck Tim Cook that cunt.

  • Remco db
    Remco db 2 months ago

    i missed you john

  • pizago93
    pizago93 3 months ago

    15% obligatory taxes is Still better than 0% taxes

  • Jason Richter
    Jason Richter 3 months ago

    I vote for John to teach Mr.Trump how to be a human being. He gave giant tax breaks for electoral votes?

  • jonathan kinsella
    jonathan kinsella 3 months ago

    Wait a minute at 1:30 they replaced Donald Trump's signature with Donald Drumph. Well played John...well played.