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

  • 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 • 6 830

  • Vortex Chaosfall
    Vortex Chaosfall 3 days ago

    Did anyone hear "play along, play along" 😂

  • Jerome Williamston
    Jerome Williamston 4 days ago

    The gold joke always get me

  • just a bush
    just a bush 6 days ago

    L could you imagine how nice are Rosa be if big corporations pay taxes in this country

  • Owen Fitzgerald
    Owen Fitzgerald 6 days ago

    The guy was only missing a parrot :P

  • Omega Oh yeah, yeah
    Omega Oh yeah, yeah 7 days ago

    When you tax a corporation but then the corporation can't pay the taxes because it's not an individual person responsible for the government programs so it raises prices on its products so it can pay its own workers because "much minimum wage! Muh worker rights!" and you get pissy about having to pay for what you created and the whole thing you created is your fault so the only way to stop this is accept responsibility but the only way to do that is to admit you were wrong but that can't be it.

  • Blue Eyes White Teddy

    Paying minimum wage is too expensive!!!!!!!!!!!! Now let me not pay any taxes at all....

  • Dfathurr
    Dfathurr 8 days ago

    John oliver looks like a chinese fake fabricated steve minuchin

  • mdfouru
    mdfouru 8 days ago

    When state and local pols want to act like they're big tax cutters, they often lower tax rates and impose or raise (regressive) "user fees". So let's set the corporate tax rate at 0 and charge them the actual costs (plus profit) for all the publicly funded infrastructure, legal protection and other services they rely on. They'll come back and beg for a 35% effective rate.

    DWYS WYSD 9 days ago

    But the Democrats couldn't close any loopholes for the past 8 years either...

  • Nathan S.
    Nathan S. 9 days ago

    John is absolute gold at 0.5x speed

  • shortperson20
    shortperson20 11 days ago

    I found a way to make our president easier to hate. Replace him with Cardi B

    • EVILC44
      EVILC44 10 days ago

      Even Cardi would be more a competent leader than chump.

  • Jay C
    Jay C 11 days ago

    I'm very much a Trump supporter because I'm in the blue collar workforce, but he does make some points. That being said, since the tax reform and now 7 brackets have been created in the new tax law where as there was only 4, I got back $800 dollars more this past year than in the previous years of Obama and Bush. I love how wealthy people or crooked politicians like to tell us that Corporate America is the enemy, but without corporations to bring in business, then people have no jobs. The question I bring up is ," When was the last time a broke person offered you a job?" Eventually if you keep trying to over tax a business they are going to leave and then that hurts everybody. I only make $51,000 a year, but I've had to earn it and the fact that my job has benefits such as health, dental, retirement plans..etc, is a testament to that. My opinion of course, but when was the last time John Oliver had to work regular job. He should stick to comedy and not politics or economics, because he doesn't live in the real world.

  • Colin Stone
    Colin Stone 11 days ago

    I hate Cardi B more than anything.

  • Viccatrix
    Viccatrix 12 days ago +1

    I'm a pipe fitter and everyone I work with roasts trump constantly. Yet another thing hes lying about. XD

  • Ben
    Ben 12 days ago

    Taxes on the individual should never go above 20%. Taxes on large business profits should remain between 20 and 40%. A company which pays 5% tax should not have access to the services, territory, and market that an individual who pays over 20% tax does-- and corporations are NOT "people", contrary to the supreme court ruling, and government workers should be downsized like everybody else when efficiencies are implemented.

  • karsten69
    karsten69 12 days ago

    ...How about an automation tax? each time a business automates someone's job away, they pay that person's salary as a tax. it's a small countermeasure against the shrinking job market.

  • Re Peat
    Re Peat 13 days ago

    You cant lower the taxes for people who already PAY ZERO FEDERAL INCOME TAXES YOU MORON.

  • zweck4629
    zweck4629 14 days ago

    Its kinda weird when you pay more income taxes flipping burgers than a multi billion $ company does.

  • Gobsnachaz
    Gobsnachaz 14 days ago

    On that chart of spending near the beginning.... where is infrastructure? Is that all in the discretionary spending?

    • Re Peat
      Re Peat 13 days ago

      How much federal income taxes does a burger flipper pay?

    • Gobsnachaz
      Gobsnachaz 14 days ago

      +Aflyingkittensoldier Gotcha. Thanks!

    • Aflyingkittensoldier
      Aflyingkittensoldier 14 days ago

      Infrastructure is mostly considered state level spending. Discretionary as well, but most of it is at the state level.

  • Nathan Coram
    Nathan Coram 14 days ago

    , b

  • Luis Martinez
    Luis Martinez 15 days ago

    This is so f#$#$ up. Trump is helping the rest of the big companies avoid taxes..

  • Tom B
    Tom B 17 days ago

    So sick of you idiots that don't understand how health care works.
    In the US, you can't be denied health care because of lack of insurance. You will get billed and you will need to make arrangements to pay for it.
    In countries that claim they have universal health care, (actually it is universal health insurance) the government decides if you will get a treatment or not. But, don't worry, you will not have to pay for that life saving treatment that you were denied.
    And common office visits in Canada have a roughly 6 week wait time.
    Why do you think that so many from other countries come to the US to get the best treatments or treatments that their wonderful wonderous why can't we all be like them health "care" system?
    You people are prime examples why Democracy is such a bad idea if voting is not limited in some way.
    Also, corporations are owned by people. A corporation does not pay taxes. It bakes in the cost of those taxes into whatever products and services it provides and the consumer pays those taxes that the corporation collects on behalf of the government.
    The cost of the taxes this show pays is baked into the numbers when subscription rates are considered.
    If taxes were high enough that they couldn't charge enough to watch HBO, this show would be cancelled. Or rather, if this show didn't provide enough value to HBO customers to warrant the show being made.
    But, when taxes are lowered, the company is able to be more competitive especially in exports.
    Look up the idiotic luxury tax from the Clinton Admin.
    It destroyed the boat making industry and the real high end yachts are now made in Europe.

  • Gabriele Silva
    Gabriele Silva 17 days ago

    Tim Cook is really disappointing.

  • StarkRG
    StarkRG 17 days ago

    Here's a nifty fact: American citizens are the only people in the world who have to pay income taxes in their home country for wages earned overseas.

  • Zero
    Zero 17 days ago

    I love how John Oliver's tie is the same as Steve Mnuchin's

  • Nicolas
    Nicolas 18 days ago

    not completely fair here

  • Vloggerihardlyknowher
    Vloggerihardlyknowher 18 days ago

    12:36 damn Trump really does have small hands

  • Daniel Shays
    Daniel Shays 18 days ago

    Hey, do you know which cultural/religious group helped lay the foundation for Western civilization?

    (Looks both ways)

    (Whispers) It was the Jews.

  • Polar Pomeranian
    Polar Pomeranian 19 days ago +2

    Cardi B is dumber than I thoughy

  • timmy timmytimmy
    timmy timmytimmy 19 days ago

    Fantasty Draft King
    Le Buck a Roo bs -"doctor" this aint even about kermit at this point more that mind set
    1who the fuck R u to me
    2 why do i care
    Arranged marriages have evolved
    Paper Towel Meme Wafare
    The Hum rica
    scrammble smith word crimes cia

  • Jay Bloodworth
    Jay Bloodworth 19 days ago

    A question for Teacher Trump. What good is it if companies bring their monies here if they still don't spend it?

  • Money Mule
    Money Mule 20 days ago +1

    If you think rich people should be taxed more you're having. a. fucking. laugh. You, a nobody, someone that hardly impacts society working in retail 9-5 and doing drugs on weekends, earning around £11k-£35k a year, will only have to give 20%, that's £2,200 from the minimum.

    A somebody that's worked hard all his life to make his fortune, maybe has a company that directly impacts society and invests in the local economy, with a salary of £150k+ a year guess what he's income tax is? *45%, forty-five fucking percent.* Thats £68k per year they are giving to the government. To put that into perspective, the lost cause above would have to pay 30 year's taxes to equal this guy's yearly tax. Fucking ridiculous. Makes you think why rich people tend to abandon ship and go to tax havens like monaco, hong kong and switzerland. *It's literally a crime to work hard in life.*

  • Joey Chiappetta
    Joey Chiappetta 20 days ago

    Jon Oliver presents, the host doesn't understand the problem with taxes

  • Zach Comstock
    Zach Comstock 20 days ago

    Watching Tim Cook talk to the senate committee seemed like deja vu...
    Then I remembered the overacting by Otto Warmbier to show he wasn’t serious when North Korea made him apologize...

  • Altar360
    Altar360 21 day ago +1

    And then people complain when others want better healthcare and livable wages. If these corporations actually paid their taxes it can go a long way to helping the economy

  • Cynthia Bonsignore
    Cynthia Bonsignore 21 day ago

    I make less than 50k and I pay 25%

  • Robert R
    Robert R 21 day ago +3

    0:35 I don't even know who Cardi B is but that's ones of the dumbest rants I've ever heard.
    a) The government taking 100% of your taxes, that's what taxes are.
    b) They're *not* taking 40% of your income; that not how tax brackets work and if you've reached the 40% bracket you're making an absolute killing.
    c) They're spending "your money" on every single thing the government does.
    d) No you fucking don't want receipts for all government spending. You'd get bored halfway down the first page.

  • KingJustice98
    KingJustice98 22 days ago +14

    Republican and Democrat voters need to stand up to these corrupt politicians NOW!! These corporations are destroying our democracy! ENOUGH IS ENOUGH!!!!

  • Spar7anJ
    Spar7anJ 25 days ago

    "The John Oliver Property Tax Scam: HBO Comedian Secretly Buys Manhattan Mansion" Oof

  • Hussam Malik
    Hussam Malik 26 days ago

    Brace yourselves. Reverse racism triggered white ppl triggered about the operetta joke are upon us.

  • Natalya
    Natalya 26 days ago

    So the 78 billion we send to Pakistan - does that go under discretionary or military?

  • Benno L77
    Benno L77 28 days ago

    How anyone from the middle classes down, seriously oppose change to corporate tax legislation is beyond me and entirely mystifying..... The only people against corporations paying their fair share are significant stockholders or outright owners of these multi-nationals... They have masterminded this reality by continually paying huge 'legal' bribes our 'democracy' allows, by utilising professional political lobbyists, allowed to exist and operate using highly dubious legislative licence to 'LEGALLY purchase' favourable political will to originally create and ensure continued legislative protections are in place to maintain these one sided favourable economic outcomes that benefit a very small but insanely wealthy minority at everyone's expense.... For example, Apple the first trillion dollar publicly listed multinational company, by use of dubious taxation laws introduced due to increasing globalisation, allows them to effectively pay 0% tax on all profits made internationally... Meaning billions and billions of net profits totally untaxed simply because of where they claim their international HQ is located, something that on paper can literally be moved quicker than you could register a vehicle in your name... Considering corporate tax rates are set in their favour which internationally average around 20% on gross profits... Even them due to overwhelmingly generous allowances that increase overall deductions, even that amount is hardly ever paid in full.. The more money you earn, including personally, the more favourable taxation legislation becomes... All bought and paid for by the people who already own everything... And you know who ultimately stands in the way of change... Middle class morons with visions of grandeur, who get up on their soap box using freedom of choice as reason enough to oppose discussing change.... If you are effectively an economic slave - meaning you need to work the majority of the time to finance your current lifestyle - you're merely a puppet of the powers that be and need to wake the fuck up... If you have to pay for everything it can hardly be described as personal FREEDOM... The only people who are truly free are those who are not financially reliant on or dictated by the financially based system the vast majority of is are, and most of those ignorant terminally selfish arse holes were born into that position to begin with..... They even have other millionaires fooled onto believing old money is held in higher regard despite its present beneficiaries having inherited it with zero effort... The entire system is back to front and until you middle class morons wake up to reality it will continue to hold us all back by keeping us all down.... You're the biggest chumps of all and future historians will condemn the part you played disrupting inevitable changes to the current unfair imbalance of our current status quo.... Religion and multi millionaires selfishly holding naturally occurring social evolution of the entire species back by dozens decades if not centuries.....

  • SuperMcgenius
    SuperMcgenius 28 days ago

    If corporations are people then they should pay as a person.

  • Shailesh Rana
    Shailesh Rana Month ago +1

    "Those are Hitler fucks, you Swiss fucks!"
    - John Oliver, 2018

  • Moondust2365
    Moondust2365 Month ago +1

    10:15 It's more like lowering the taxes to make sure the companies put their money in the US, and sealing the deal by making it mandatory that the money is in the US and more of a benifit to corrupt politicians who'll take that tax money from Google, GE, etc. than a "reward for actively avoiding tax" to the companies because again, overseas they're paying close to 0% tax. Meanwhile in the US, they're gonna have to pay 8 - 15%.
    To those who don't understand, it's basically someone giving bait to dumb -companies- "animals" (plus companies whose money is in places where the tax is higher than 15%) and forcing -high taxes- "bad food" ( -lower- better than before but -higher- worse than what they got from "someone else") to other -companies- "animals".

  • thriversoffset
    thriversoffset Month ago

    John I love you, tomorrow’s the day!

  • Matthew Dinslage
    Matthew Dinslage Month ago

  • Pascale Carlson
    Pascale Carlson Month ago +1

    This is very relevant right now, with amazon pulling out of New York

  • Philip B
    Philip B Month ago

    "Taxes are the price we pay for civilized society." - Oliver Wendell Holmes

    [se non è vero, è ben trovato ]

  • R. H.
    R. H. Month ago

    I don’t even understand how taxes work. And I’m 29.

  • Clint Eranovic
    Clint Eranovic Month ago

    Coke could put their recipe in a Swiss vault....... charge import duty on all the Coka Cola they produce then.....

  • aStrix171
    aStrix171 Month ago

    Rewatching durning 2019 for the 2018 filing year. Just to remind myself exactly how the Republicans have screwed us all over.

  • Jack Jameson
    Jack Jameson Month ago

    That bitch needs to get brained.

  • David Dyer
    David Dyer Month ago

    Companies do not break the law they use the law. Change the laws and make companies pay what they should. This is the same in the US, UK, and the EU

  • James Morris
    James Morris Month ago +1

    I wonder how many people know that before Oliver did this "sketch" that he established himself and his wife as LLCs and a corporation under his dog's name and purchased an $11+ million penthouse in New York in which he uses state and corporate tax loopholes to pay a .25 percent tax rate on that property.

  • Nonomous
    Nonomous Month ago

    I got a pay increase barely big enough to cover the raised cost of my health care this year. Yay for working in education.

  • Christian
    Christian Month ago

    I'm glad companies found ways around it. The government does nothing of use for people who pay the most tax they could buy way better services on the free market with the money they pay in tax than what the government offers.

  • Theron XL
    Theron XL Month ago

    Cardi b is a skank..

  • Teh heh nei
    Teh heh nei Month ago

    Seriously, can someone find that musical? i want to hear the rest of it :D

  • Mickey McGowan
    Mickey McGowan Month ago

    4:04 why does mitch miconell look like the melted version of the pictured asshole

  • Jid Ofole
    Jid Ofole Month ago


  • Duygu Ozkan
    Duygu Ozkan Month ago

    FORSHADOWING (trevor noah- government shutdown)

  • Brad Haines
    Brad Haines Month ago

    hard to blame trump on this. the companies hide their money to not pay taxes, so he tries to drop taxes to get them to bring their money so it will be taxed.
    better to get something than nothing. just saying

  • icelight85
    icelight85 Month ago

    There's so much going wrong in the US. Donald Trump is just the rotten cherry on the moldy cake. Big corporations around the world are getting richer while government has no money for education, infrastructure and health care.

  • Abdelbasset Yabrag
    Abdelbasset Yabrag Month ago

    These are nazi’s bucks u Swiss fucks 😂😂😂

  • Timboy
    Timboy Month ago

    This sickens me.... It's ok for the government to break the law to line their pockets with money from the profits of companies that pay individuals in the government enough to get out of having to contribute to society like the rest of us. Makes me livid to think about...

  • R Vanzo
    R Vanzo 2 months ago

    Corporate taxes make no sense. Only the dividends should be taxed.

  • stonesforlife
    stonesforlife 2 months ago

    Move this show to an earlier time or better still show it at schools. It seems from the comments that a lot of people in the USA are surprised at this information.

  • Rui Ribeiro
    Rui Ribeiro 2 months ago

    Great stuff, keep on crumbling!

  • Vibinator
    Vibinator 2 months ago

    Go Jersey!! (i live there. and yes i work at a bank lol)

  • Ryan Massie
    Ryan Massie 2 months ago

    0:37 should be more than 40 percent you rich singer.

  • katinkaa1992
    katinkaa1992 2 months ago

    Ik was wondering when the Netherlands would be mentioned. Aaaand there we are. Stupid constructions.

  • saroachman
    saroachman 2 months ago

    Alex Jones pioneered "screaming in all caps"

  • Sulanis
    Sulanis 2 months ago

    It's because we don't learn from the past. We continue to try and give companies the opportunity to do what is right and pay their fair share. The thing is, is almost never do. If you give rich people or corporations a chance to keep more money, they are going to keep it.

  • Luke Rueckl
    Luke Rueckl 2 months ago

    Don't talk shit about Total

  • David Anber Criminal Lawyer

    6:16 - what’s up with the lava-lamps

  • Kyle Noe
    Kyle Noe 2 months ago

    Disgusting honestly...or dishonestly as it were lol

  • pop5678eye
    pop5678eye 2 months ago

    If you give tax breaks to corporations guess what they will most likely do with it first: give that money to their richest shareholders and their executives. Fuck the workers! They can be made to do double the work for no extra wages!

  • pop5678eye
    pop5678eye 2 months ago

    Technically military spending is also officially discretionary spending... But of course no politician would ever touch that, hence it is listed with all the mandatory spending items.

  • John Orosz
    John Orosz 2 months ago +1

    "The primary agency responsible for keeping an eye on these things is, and should be, the Treasury Department, and I think the president erred in the first place by appointing two secretaries who had no background in finance," said Bruce Bartlett, a Republican economist who was an adviser to President Ronald Reagan and an official in the Treasury Department under President George H.W. Bush.
    "If we had had a Treasury that was fully supported by the White House," Bartlett said, "and a Treasury secretary such as Hank Paulson who was really attuned to what was going on in the financial markets, maybe some of these things could have been perceived in advance."
    The White House did name people well-versed in the markets to other posts, not least the chairmanship of the Securities and Exchange Commission. But Bush's first SEC chairman - Harvey Pitt, a prominent securities lawyer - was brought down by political missteps. Pitt was replaced by Donaldson, who quit in 2005.
    Critics, including McCain, say the SEC has been less active under its current chairman, Christopher Cox, a former Republican congressman from California. It has spent less on enforcement and levied less in fines on wrongdoers, according to the Government Accountability Office.
    "You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate," said Joseph Stiglitz, a Nobel Prize-winning economist at Columbia University.
    In other areas, the Bush administration's failures seem more a case of inaction. The administration, economists said, did little to curb the practices of mortgage brokers, who are regulated by the states. But Democrats in Congress were equally to blame for this, these economists said.
    "The Democrats pushed affordable housing goals, even in the face of evidence that people who got the loans shouldn't have gotten them," said Robert Litan, a senior fellow at the Brookings Institution, a research organization in Washington. "The no-money-down loans of 2005 and 2006 were a key part of the problem."
    "I blame the Democrats for demanding that Fannie Mae keep buying these loans," said Litan, who was a budget official in the Clinton administration. "I blame the administration for going along with it."
    White House officials note that the administration did propose reforms of real estate settlement procedures and the Federal Housing Authority, two areas it had identified as posing the greatest systemic risk to markets. Democrats in Congress, they said, blocked these efforts.
    When Bush named Paulson to replace Snow in 2006, the Treasury Department finally got an expert in markets. But early on, his focus was on improving the competitiveness of the U.S. financial sector, which he feared was losing ground to Europe and Asia.

  • WorldFactsCentral
    WorldFactsCentral 2 months ago

    John Oliver acknowledging his doppelgänger, Steven Mnuchin is everything.

  • Mary Hall
    Mary Hall 2 months ago

    This is the third video(so far) that he has called Steven Mnuchin hot😂😂

  • Brian D
    Brian D 2 months ago

    We have handed this country to big business

  • Xnknown X
    Xnknown X 2 months ago

    Fucking savage.

  • NKLA2222
    NKLA2222 2 months ago

    Taxation is theft

  • Noises
    Noises 3 months ago

    I'd go further than telling the eyepatch wearing parasite that the Caymans is a pirate haven. I'd ask him if he thought the idea of taking the profits earned from hard working people and hiding them offshore because he feels rich people shouldn't pay tax, when those same rich people depend on infrastructure services paid for by OUR taxes to make those profits in the first place, is not just a little bit one-eyed.
    He's a right winger, they spend 90% of their time accusing other people of being upset abut their hurt feelings, so why should I consider his? I'm sure he would argue I his feelings matter more but I can assure you before eye even hear his argument that his logic would be patchy at best.
    This tea is delicious, who made it?

  • Stonehouse Guitars
    Stonehouse Guitars 3 months ago

    Who can blame them? I have a hard enough time stomaching payroll taxes. If I poured my heart and soul and life into spending 30 years growing a profitable business I wouldn’t feel great about some entitled government twat coming along and taking the best chunk of all my hard work for himself, so he can waste it on useless wars and petty bullshit that I usually have no say in. Taxes fucking suck just face it. Nobody wants to pay them it’s literally the historical foundation for the formation of America. Get over it and stop blaming successful companies for the fact that American government doesn’t fix roads and goes into more debt every year. Maybe blame the actual government instead.

    • Klash1100
      Klash1100 2 months ago

      Yeah, of course it's your hard work, not your employees

  • Chas Stack
    Chas Stack 3 months ago +9

    Let's ignore all that and go after the single mother on welfare

    MARSHAL BAEK 3 months ago +1

    It’s interesting that people that suddenly find themselves in the 40% tax bracket due to success, only then, do you hear them blatantly question where their tax dollars are going. The implications that indirectly says about the tax laws and human behavior are many, staggering, and generally not good.

  • William Vincent
    William Vincent 3 months ago +1

    this makes me violently angry.

  • FullBlown
    FullBlown 3 months ago


  • Mælis The Messenger
    Mælis The Messenger 3 months ago

    9:10 most long terms you've never heard of sound like a disgusting sex act

  • tijmen131
    tijmen131 3 months ago +2

    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 3 months 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 3 months 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 3 months 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 3 months 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 3 months ago

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