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 • 6 470

  • Christopher George
    Christopher George 15 hours ago

    What about the Vatican Bank!

  • Will Cheung
    Will Cheung 16 hours 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 days ago

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

  • Raynefyre Starfall
    Raynefyre Starfall 2 days ago

    Arbor day is my birthday hahaha

  • BaldingClamydia
    BaldingClamydia 4 days 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?!

  • Blondie Wise
    Blondie Wise 4 days ago

    Arbor Day is in October

  • GamerPrincessXI
    GamerPrincessXI 5 days ago

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

  • Eric F.
    Eric F. 5 days 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 5 days ago +7

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

  • Brian Boyer
    Brian Boyer 5 days 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 7 days ago

    i missed you john

  • pizago93
    pizago93 8 days ago

    15% obligatory taxes is Still better than 0% taxes

  • Jason Richter
    Jason Richter 9 days 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 11 days ago

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

  • TIB1973
    TIB1973 12 days ago

    18% flat tax, period. Absolutely NO deductions, you can use 3% for charity but EVERYONE pays 15% no matter what. If you make under 24000, no taxes paid whatsoever. This plan means I pay about 1-2% more but I am fine with that. If the Rich figured out how to play close to 0% cause they don't want to pay 30+% then with everyone paying 15% we should see higher tax revenues overall and still maintain lower taxes for everyone. Along with that I would tell America we can't pay for every crybaby program the US is paying for. No money for the homeless but we will provide jobs and work programs for the homeless. I need to be president with dictator power, I will fix all of this...…

  • Twiggafinga
    Twiggafinga 12 days ago

    We're gonna talk about Churches too right?

  • Sasha
    Sasha 13 days ago +1

    The funniest part is that Waffle House employee closing up that baked potato real quickly, as if it makes the fart stay in better. It’s the same thing as just farting in it, calm down.

  • cl1cka
    cl1cka 13 days ago

    You guys in US should really push for some social systems and some constrains on how companies operate. For your own good.
    By 2035 the projection is that around 45% of the working force - their jobs will be gone cause of automation and innovation.
    We aren't talking about low paid jobs either - doctors, lawyers, brokers, programmers etc.
    Even now we have a bot that gives more accurate diagnoses than human doctors. Bot that writes music. Most of the trades on the stock market are made by bots....
    Now without any constrains in place - you will end up like in the Cyberpunk universe - Companies are the power and people just things. Because with no restrains in place - do you really thinks companies won't replace their work force? Or create new jobs or invest in new jobs from the goodness of their heart?
    So without the said social policies for some kind of wellfare (the next generation will probably be the FIRST EVER to not have to work, cause if robots are doing the job, why couldn't you simply live your life?)- you end up with 50% unemployment, but those people have guns....What do you think will happen?

  • David Richards
    David Richards 20 days ago

    Federal taxes do not fund federal spending... haven't since 1971 when we left the gold standard under Pres. Nixon.

  • Ian Young
    Ian Young 22 days ago

    Apple IS now worth 1 Trillion... Yet they weren't paying their taxes, Kiss my ass Apple!

  • Jeeto
    Jeeto 22 days ago

    At 10:00 you were talking about how we're giving them a tax break to bring the money back... no it's lower as an incentive to bring it back at all. We can't force them to bring it back to the US, but we can say they can bring it back for 10% tax and they might if there are projects in the US they want to spend it on.

  • Jeeto
    Jeeto 22 days ago

    Using GE as "the bad guy" when yes they turn an operating profit but revenues are declining so fast that their stock hits new lows every few weeks is not a shining example of tax loopholes. Plus you only pay taxes on PROFIT, if they are paying dividends to shareholders and reinvesting in other projects, of course their tax bill is $0 because they're either setting themselves up for further profits in the future that will be taxed or are going to go bankrupt if it doesn't pan out. At least all the dividends they pay to shareholders are taxed at a small dividend rate, so the government is getting some indirectly.

  • Herb Tenderson
    Herb Tenderson 25 days ago

    Cardi B is a garbage bag cum dumpster

  • leprechaunluck24
    leprechaunluck24 25 days ago

    Cardi B is a fucking moron. Good recording artist though

  • eric From a blue state

    That interest thing he mentioned. Where does that go?

  • James Quinn
    James Quinn 27 days ago

    Fuck the IRS. Anyway someone can get away with not paying taxes, good for them.

  • Johnny B
    Johnny B 27 days ago

    did cardi make it past kindergarten?

  • Sophie Nicole
    Sophie Nicole 28 days ago

    Somehow read this title as "Corporate Texas"

  • Alex Black
    Alex Black 29 days ago

    13:09 I nearly lose my shit, rofl

  • Flealfy45
    Flealfy45 29 days ago

    Isn't all of Apple already a bucket named «Put money in here. I like money. Thanks dummies. Tim Cook.» ?

  • Sam Anon
    Sam Anon 29 days ago +1

    0:36 "taking 40% of my tax money"

  • James Walker
    James Walker Month ago

    Cardie B comes off like an idiot. Dubbing the same phrase over and over comes off like someone trying to act ghetto-tastic.

  • ZeroaccessMusic
    ZeroaccessMusic Month ago

    Have any of you seen the unemployment rate? Yeah nothing to do with the tax cuts

  • Celina k
    Celina k Month ago

    It's cheaper to be a rich company, then a poor person.
    Seattle created some jobs by rasing minimum wage and you know, disposable income did the rest
    13:50

  • Dabokuma
    Dabokuma Month ago

    Heheh 69

  • Rapaladude
    Rapaladude Month ago

    Cardi B sounds like she’s retarded.

  • obsever viewer
    obsever viewer Month ago

    ......at the end of the trump sound bite I Did spit by green tea out. 🌱!! Can we not pay taxes for how long Google and General Electric haven't payed taxes...??

  • Chris Sephirah
    Chris Sephirah Month ago

    Bahaha. #TaxationIsTheft
    Good on Google for legally avoiding their tax bill!

  • Dragon Ball Clips
    Dragon Ball Clips Month ago +1

    Starting to hate Apple even more and there overpriced products.

  • Dr. Gearswell
    Dr. Gearswell Month ago

    Your reads of those tweets John oliver was hilarious. I would love a segment of you just reading trump tweets with all caps.

  • H_Steve_H
    H_Steve_H Month ago

    Good segment, but I thought the jokes in this one were weaker than usual.

  • Adin Icic
    Adin Icic Month ago

    Rich folks and corporations have one thing us regular folks dont or cant even afford otherwise we all would be doing it. Really really clever lawyers than know all the loopholes and tricks for what they are hired for. So cant blame them because gaps in laws allow them to keep doing it and they are going to keep doing it to keep their money. Governments like Jersey and Caymans allow it because it benefits them. That's the world we live in.

  • Beats Paul
    Beats Paul Month ago

    The looting of Africa

  • Boricua3lions1985
    Boricua3lions1985 Month ago

    God, this show keeps it real.

  • Kieven Teo
    Kieven Teo Month ago

    2:14 please don't tell me the US taxes corporations on their profit and not revenue

  • Jeigh Tee
    Jeigh Tee Month ago

    Steven Mnuchin looks like the love child of John Oliver and Gilbert Gottfried.

  • Thomas Connors
    Thomas Connors Month ago

    And yeah, commenting 3 times on one of these videos does not say good things about who I am as a person, but John, if Stephen Colbert made you have his baby, and if that baby is now Steve Mnuchin, why didn't you give the kid your name? Steve Oliver would have been so much closer to normal... if his name wasn't Mnuchin he never would have thought he deserved to be seen in those glasses.

  • Thomas Connors
    Thomas Connors Month ago

    Ever notice how you almost never see an eye patch on someone who shouldn't have one? The last two eye patches I saw were on that tax pirate guy, and Mullah Omar.

  • Thomas Connors
    Thomas Connors Month ago

    Cardi B- she worked her way from the strip club stage to the strip club speakers- if she's come that far, maybe she's the one to get to the bottom of government waste too.

  • diamond_man1000
    diamond_man1000 Month ago

    *looks both ways*
    it was the jews

  • Amelie Caron
    Amelie Caron Month ago

    trust eight resource poetry abroad rumor training abandon headquarters tobacco.

  • Violet Rose
    Violet Rose Month ago

    Dear @LastWeekTonight Pls cover the story "student protest in Bangladesh"
    www.bbc.com/news/world-asia-45069935
    edition.cnn.com/videos/world/2018/08/05/bangladesh-road-protests-vanier-pkg-nr-vpx.cnn

  • JackHarkness42
    JackHarkness42 Month ago

    "The government is taking 40% of my taxes."
    Really? Shit, who's taking the other 60%?

  • xXXDumbWordStupidNumberXXx

    7:54 Ireland looks like a Schnauzer dog on it's side.
    I realised this whilst looking at my passport. "Fun" Facts with DumbWordStupidNumber.

  • Stifleroneeight
    Stifleroneeight Month ago

    Sooo.... With all their terrible costumer service, horrible overpricing and somewhat disastrous product manufacturing, how come you have not yet covered the "about-to-be-if-not-already-trillion -dollar-company" shitstorm of a terrible, inhumane giant that is Apple? And their genius bars. And their repair policies. There is so much wrong with this company(even excepting their tax work), that it is just trés horrible, andt someone really needs to shine a light on the sh*t they get away with.

  • nanO.bytez
    nanO.bytez Month ago

    So corporations migrate their assets from countries where the tax collectors are out to get them. It's weird how open borders and globalization are suddenly bad things. Looks to me like the corporate world is just way ahead on the progressive curve compared to the individual. I'm just glad it doesn't quite work the same way for individuals yet. Imagine all the people of 3rd world countries being able to apply for social services in "western" countries just by moving there "on paper". "Peripheral World Citizen" would sound so much nicer than economic migrant.

  • Barl Clockmen
    Barl Clockmen Month ago

    How does the government take 40% of your taxes

  • Samantha Owens
    Samantha Owens Month ago

    𝙒𝙝𝙚𝙣 𝙮𝙤𝙪 𝙜𝙚𝙩 𝙩𝙝𝙚 𝙝𝙖𝙣𝙜 𝙤𝙛 𝙩𝙝𝙞𝙨, 𝙗𝙚𝙛𝙤𝙧𝙚𝙚𝙚𝙚 𝙮𝙤𝙪 𝙠𝙣𝙤𝙬 𝙞𝙩 𝙮𝙤𝙪 𝙬𝙞𝙡𝙡 𝙆𝙉𝙊𝙒 𝙮𝙤𝙪 𝙖𝙧𝙚 𝙩𝙝𝙚 𝙘𝙧𝙚𝙖𝙩𝙤𝙧𝙧𝙧𝙧. >>t.co/iwLrU6RZzP?gert56sdfg

  • Atmapalazzo
    Atmapalazzo Month ago

    So can we legalize the hunting of CEOs who's company don't pay a 35% tax rate? I think that'd help us.

  • Holly Dyche
    Holly Dyche Month ago

    They know taxes are theft

  • Windrays
    Windrays Month ago

    BORDER WALL

  • R C
    R C Month ago +1

    #WalkAway

  • mar777i
    mar777i Month ago

    As a Swiss... they took that flag down.

  • Luke Murphy
    Luke Murphy Month ago

    As an irish person, im fine with this, mainly cause storing data for a low price is our seccond biggest industry. Thx Apple, google, Microsoft, intel, Dell, Facebook etc

  • Prateek Saini
    Prateek Saini Month ago

    That's the problem with (ultra-)Capitalism, it can be easily fooled with shallow logic

  • t brown
    t brown Month ago

    coca cola uses trade secret protection so allegedly only 2 people know the recipe

  • iunary
    iunary Month ago +2

    how racist ...

  • Music girl 95
    Music girl 95 Month ago

    *11:32* Yeah, but what if you're at work, see and say that, then quit the next day because of it?? 😂😂😂

  • Youtube University
    Youtube University Month ago

    Taxes Texas. Sexat. Saxet.

  • hulkhatepunybanner
    hulkhatepunybanner Month ago

    *Trump gives amnesty to hidden income but not to hidden immigrants.*

  • KenshiImmortalWolf
    KenshiImmortalWolf Month ago

    my issue is that they are dooming themselves. Like, what good is all that profit in american dollars, when america, burdened with debts it can't repay cause you don't pay t he millions to billions you owe in taxes, collaspses and it's currency is rendered worthless?

  • CD Arthurkins
    CD Arthurkins Month ago

    HOLY CRAP GUYS CANADIANS ARE FINALLY ALLOWED TO WATCH

  • Lucas Darroch
    Lucas Darroch Month ago

    these are just arguments to lower corporate taxes to remove the offshore incentive

  • Leonie Freitag
    Leonie Freitag Month ago

    *Thanks for this awesomeeee video! If you’re here you’ll enjoy this also, check it out: > **t.co/iwLrU6RZzP?vecasd334rs** It’s an amazingggg manifestation meditation using tones, NLP, headphones, quantum physics and Law of Attraction. It just pulls out all the stops. If nothing else its an enlightening video….....*

  • ken shifflett
    ken shifflett Month ago

    Anybody ever try to call Google customer service? Don't bother, they have plenty of #'s to call, but nobody answers the phone.

  • Stephanie Diehl
    Stephanie Diehl 2 months ago

    "You can't race bend that shit because those people literally HAVE to be white"
    BAHAHAHAHAHA hilarious.

  • Elton Cena
    Elton Cena 2 months ago

    it was the jews lol

  • Momo M2
    Momo M2 2 months ago

    10:45 had me 💀💀

  • Gr8 M9ds
    Gr8 M9ds 2 months ago

    Remember, corporations don’t really pay taxes, no matter what the rate. They pass the cost of taxes along to the consumer in the price of goods. So democrats love corporate taxes because it keeps consumers ignorant of what they are paying. It’s better to tax the consumer directly, that way we can feel the hand of government in our pocket.

  • Eugene Minton
    Eugene Minton 2 months ago

    funny, you move money and property on paper, from one country to another country, even if it comes back to america....it doesn't mean it will be spent...its still on paper and that means it can be moved without ever using it.

  • Ephraim Hendrix
    Ephraim Hendrix 2 months ago

    9:02 Thanks a frickin' lot. You just ruined baked potatoes.

  • James Adams
    James Adams 2 months ago

    Taxation is theft and harms the economy numb nuts.
    www.nber.org/papers/w13264

  • Steven Jordens
    Steven Jordens 2 months ago

    "What's dat nigga doin wit my fuckin money?" Investigative journalism in the 21st century.

  • WHATWHAT willis
    WHATWHAT willis 2 months ago

    I hate rich people. I hate USA Government. I hate fucking Trump.

    • James Adams
      James Adams 2 months ago

      Some have heavy control in government, but I'd challenge you to show any evidence of a significant amount of rich people's money being stolen in the US.
      The US isn't only 1% rich. Most of the US is in the global 1%. The talk about "da 1%" is from people who largely don't understand that there will always be a 1%. Wealth isn't zero sum and Michael Moore is a dumbass when it comes to economics. If that's your source for information then you're not well informed at all.

    • WHATWHAT willis
      WHATWHAT willis 2 months ago

      haha, it's not envy, I respect the well earned money, buy mostly the rich is people that have stolen and have heavy control in the government, everything started with Reagan. They give you money in your campaign, you belong to them. Don't lie to yourself. When you live in a country that only 1% is rich, you have to start question everything. If you don't like books, at least watch an Michael moore documentary. Fuck off.

    • James Adams
      James Adams 2 months ago

      Stop fucking him then. I can understand hating the government, but why hate on people for being rich other than blind envy? Still waiting on an answer for that one.

  • christian vukadin
    christian vukadin 2 months ago

    I mean increasing overseetaxes from 0 to around 10 seems liie an impr8vement to me.

  • Lisa Watson
    Lisa Watson 2 months ago

    Steven Mnuchin looks like if Corn Flakes were a human.

  • Hippi Phuken
    Hippi Phuken 2 months ago

    the Panama scoot sounds like they drink the water

  • Will Zimmermann
    Will Zimmermann 2 months ago

    My old man goes mental over receipts☔️☔️☔️🍻🍻🍻🍻🍻🍻⛷⛷⛷⛷⛷⛷⛷🚣🏼🚣🏼🚣🏼🚣🎿🚣🚣🚣🚣🚣🎟🎟🎟🎫🎫🎫🎫🎪

  • Will Zimmermann
    Will Zimmermann 2 months ago

    Taxes are irrelevant if the local government isn't honoring there part of there civil duties......

  • I'm that good brah
    I'm that good brah 2 months ago

    The only corporation I see creating jobs in the thousands is Amazon and for this reason I almost buy everything I need from Amazon.

  • Jeannine Buckenmyer
    Jeannine Buckenmyer 2 months ago

    Wow! I’ve never heard someone that actually make taxes funny.

  • Matti Makila
    Matti Makila 2 months ago

    Again we see what happens when Ayn Rand is your economics tutor. Depressing shit. Dubya and Drumpf: dumb and dumber.

    • James Adams
      James Adams 2 months ago

      I mean adjusted for taxes and social benefits. So yeah, even by your metric it falls flat. You're just going off of narrative and not data.
      mises.org/wire/if-sweden-and-germany-became-us-states-they-would-be-among-poorest-states

    • Matti Makila
      Matti Makila 2 months ago

      When you talk about "purchasing power," what do you mean? How many big macs an average industrial worker buys with their net income? How about adjusted for *good* public education all the way to University which are for the most part free for citizens. Adjust for that, and I'd be born a Swede or German *ANY FUCKING DAY* over American -- well, any day since May 1945, to be sure.

    • James Adams
      James Adams 2 months ago +1

      It's not bullshit. Germany, Sweeden and Denmark aren't powerhouses. When you adjust for purchasing power, the incomes in Scandinavian countries matches up to something like those of Mississippi or something like that. You've been spending too much time in the echo chamber and not enough time looking at the data. Besides, the increase in prosperity that has been seen in places like Scandinavian countries started with liberalization of the economy and not with welfare statism.

    • Matti Makila
      Matti Makila 2 months ago

      James Adams PS AOTA have higher GDP per capita than USA.

    • Matti Makila
      Matti Makila 2 months ago

      James Adams Bullshit! Why is it that Germany, Sweden, and Denmark are such power houses?

  • Stockmann Clinton
    Stockmann Clinton 2 months ago

    How can the government take 40% of your taxes?

  • Robert Jensen
    Robert Jensen 2 months ago

    There is a documentary called "We're Not Broke", I don't know if it's still there but Netflix had it recently. It goes over what this episode discussed. tvclip.biz/video/KWHp2mhBxCQ/video.html

  • Bryce Mcinnis
    Bryce Mcinnis 2 months ago +2

    Miss Cardi B hmmm...🤔 truly a human befuddlement.

  • This is A bad name
    This is A bad name 2 months ago +5

    "The government is taking 40% of my taxes" actually they're taking all your taxes because THAT'S WHAT TAXES ARE

  • Gerald Maxwell
    Gerald Maxwell 2 months ago

    The minimum tax proposal would have never happened. The global screams of infringement of sovereignty would have guaranteed that

  • Juan Carlos Vega
    Juan Carlos Vega 2 months ago

    "It was the Jews." Hahahaha... Killed me. 🤣