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

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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. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
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Text Comments (6184)
kncnsm (2 days ago)
Surprised you didn't "dig" at Trump's tax returns which he hasn't even released. Granted it's not "corporate" but worth mentioning
Kaizoku Mugiwara (3 days ago)
That pirate comment is the best thing I've ever seen. Look at that guys face when he said it.
Ale 2408 (5 days ago)
Im a Swiss. He calls me a Swiss-Fuck. Now im sad.
That Lame gamer (6 days ago)
"don't talk shit about Total"!
Roses4Huskies (8 days ago)
I'm more concerned with how tax $$ are spent than I am about how much tax is being paid/collected. Because until this country (and even our state govs) put together a) a smart budget plan and b) eliminate frivolous spending honestly, what does it matter what is or isn't being collected? And c'mon, we all hate being taxed, we all look forward to our refunds, do you think a company would be any different?
Shane Callaghan (8 days ago)
Gowan the Irish boys
Conner Hawkins (9 days ago)
They are still too high
Gemma Creagh (9 days ago)
The Double Irish with a Dutch: That's a sambo that served us well in the past. In Ireland we have a tiny population of 5 million. Apple are a huge employer here who have provided many, many jobs through two nasty recessions. Jobs for Jobs back in the day. Thanks Steve. A lot of people, the majority of our centre/right government included, were happy to give those tax breaks, but the EU stepped in and shut that shiz down. Not quite as popular an arrangement on the EU mainland. In fact, I was chatting to a few peeps from Nordic Countries, who are all about the high tax, fair pay socialist model, and they HAAAAAAATED it. Up until now, breaks like this has worked out well for us in the Emerald Isle... We do have a shoddy version of what is universal healthcare and moderate welfare support for the poorest people. College is free for people on very low incomes. However, the working and middle classes are now fiscally squeezed like fresh oj, and the poverty rate is growing year on year, as it seems to be doing across the globe. Perhaps it's time for a double Danish Swede Sammich instead, where everyone gets a liveable wage?
Vasil Ivanov (9 days ago)
I really did not like how you used the "FOX News technique" of someone said that someone else said something. In this case it was "you all got richer".
Honorina Lopez (9 days ago)
Why what happent,,?? Is to bad??
Chris C. (9 days ago)
Cardio b. Worthless bitch. But it must be hard to articulate when you just skip over from fucking Toon Town. She must have been a Jessica Rabbit under study there....lmao
Tia Nik (10 days ago)
I heard somewhere that our generation takes politicians as a joke and comedians seriously and this guy reminds me of that...though to be fair he certainly does his research and his timing and delivery is brilliant.He makes me actually like Mondays...
Charli Slusher (11 days ago)
I could watch a full video of John shouting the caps on Trump tweets
Raj T (11 days ago)
GE is a bad company. Some one should take it down
Honorina Lopez (12 days ago)
Is not the gobernante problem is a people frustration way to live and understand America,,really why at all us want the gobernante support us and not doing nothing,,sit and way if some one have or not,,why???
CB Glass III (13 days ago)
Uneducated skank ho... guess who?? =P
Israel Blaylock (14 days ago)
WufeiLord (14 days ago)
11:00 The idea of lowering the tax rate in the US for corporations is that the companies will look at the amount of money required to maintain their tax havens (even if they don't pay taxes, they likely pay some form of upkeep cost) and back at the lowered tax rate and think 'it's much more profitable to come back here and just pay this tax rate'. Whether this works or not, however, is not exactly clear.
naota3k (15 days ago)
"what is y'all doing with my fucking money?" -Cardi B
get rekt nerds (16 days ago)
but it WAS the jews
Tim Irwin (17 days ago)
BTW just for your research team to hear, Roseanne Barr is Jewish!
Levent Ciceker (17 days ago)
This guy is completely clueless. Corporate tax cuts actually benefit the people. Simple economics people.
Dick Manly (19 days ago)
Let's argue about how immigrants (thats most of us btw) are ruining this country while "American" corporations grind us all down into complete slavery. Aside from our money being hoarded internationally, can ya guess where all those "jobs" are? The sad irony is that after they've taken everything there won't be any consumers/middleclass left to buy the shit they produce.
InFiddle _ (19 days ago)
I mean. If you don't trust Isreal... You probably don't trust trump.. He has kinda been doing their bidding since taking office.
Holy Keyblade (20 days ago)
Helping the teachers? HA! That’s hilarious. He’s making our lives a living hell with the education cuts.
Sam S (22 days ago)
The low IQ, illiterate and dumb MAGAturds are the dumbest losers on this planet! Period!
cabron1984 (22 days ago)
If only these companies paid their taxes maybe we could afford health care for all citizens
Finwaell (22 days ago)
Maybe just lower the taxes across the board and everyone will be less compelled to avoid them which will lead to more money for the state in the long run? Simple economic principle. No one in their right mind would give you 35% just because.. doubly so when they can avoid it legally..
poisonknees (22 days ago)
AllenSJ5 (23 days ago)
Silly peasants, corporations don’t need a tax cut. Why cut something they don’t pay anyway? smh
nesenda (23 days ago)
i said it from the start, trumps only out to make himself richer, by screwing all of us
nesenda (23 days ago)
i agree, and it will never stop. money creates power, and power corrupts.
AllenSJ5 (23 days ago)
nesenda His entire campaign and Presidency is the greatest money-making scheme in American history - arguably world history. The Trump White House might as well have a giant gold-plated “Open For Business” sign on it that brazenly welcomes everyone from billionaires and corporate lobbyists who bankroll BOTH major US political parties to Russian oligarchs and the comically corrupt royals and oil sheikhs of the Gulf monarchies. Drain the Swamp? More like “This is MY Swamp!” That’s the beginning and the end of Trump’s existence, essentially. Well that, along with grabbing women by the pussy and rage-tweeting from the toilet. MAGA, or something.
Joey Aguilar (24 days ago)
We are going to have to rely on old fashion boycotts to make a change on this issue....
Genarel Betrayus (24 days ago)
it's like the house i'm living in is my grandpas the house has been paid off for fucking 60 years. yet i still pay taxes that all go to fixing up the already nicer side of town what a surprise yet if i don't pay them they somehow have the right to sell my house. and people wonder why people go fucking crazy. Rich assholes get away with theft and if i steal a candy bar i will pay for it for two fucking years.
Upshift Z71 (25 days ago)
get richer
Cynthia Hutchins (25 days ago)
NO, Mnuchin is not a good looking person at all. You re misinformed if you think that the exterior with no regard to the interior of a man has anything to do with their “looks”
George Sosinsky (28 days ago)
So glad trump did something to stop the corporate slezz 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
George Sosinsky (28 days ago)
If GE isn't paying taxes anymore then either am I. Period
ルシードジアン (28 days ago)
Donald trump, Full of shit.
nisse (28 days ago)
Or You just lower your super high corporate tax. So your companies stay! As guy who live in Sweden, you Americans are just dumb when you have a super high corporate tax
Shockwave1794 (28 days ago)
"Don't talk shit about Total!"
SamanthaVimes (28 days ago)
So much for "Don't be evil"
Bee Waifu (29 days ago)
In Belgium, the companies are paid by the government to stay here and aren't taxed at all.
John Mista (29 days ago)
That offshore 'revenue' is essentially stagnant in most countries(because most 1st world countries aren't stupid enough to give a blankcheck ). Tax breaks allow corporations to bring that money back in and spend it at a fraction of the cost. It's just smart business, unfortunately.
Dago314 (30 days ago)
Fake News!. There are no sources on that and you can't down play twx cuts
Feminist News Network (30 days ago)
I know I'm not the only one that thinks a few Cardi B videos should be on the Up Next List nxt to us, cause she asked about taxes just the way a lot of us do* Boo*
Corvo Attano (30 days ago)
my family is really well off and i can tell you first hand that the wealthy are benefitting more ... this countys legislation fills rich peoples full pockets. The only intelligent people I know who support Trump are wealthy and/or in business :( its criminal that the wealthiest and most fortunate among us have the luxury of tax evasion and maximizing the leftover amount after taxes... such disturbingly disgusting greed.. These men spit venom and tell people its a remedy. Why are we lenient on people who will never know what its like to struggle, or to struggle again and so hateful towards those whose lives are nothing but struggle? Out of sight out of mind. Our politicians are monarchs living in their castles, looking down upon the peasants - seeing ants and expendable flecks of dirt. They've perched themselves on some pedestal of their own creation, and it's become easy for them to forget their job is to serve and protect - for the people they worked for are now distant ideas...
Tixe 100 (30 days ago)
Let’s all shout, together now...AMERICANS! NOT REAL BRIGHT!
Tixe 100 (30 days ago)
Now THAT’S welfare, Baby!
Zero Hour (30 days ago)
Yes, John now you can't blame Trump for this. GE wasn't paying its taxes under Obama and democrats. Although republicans are still scumbags on the opposite side of the same coin
Game Account (1 month ago)
Greed and a lack of morals will make America great again!
Eipok Kruden (1 month ago)
I'm still trying to figure out who's taking the other 60% of Cardi B's taxes if it isn't the US government.
Homestyle Productions (1 month ago)
I love it how people overlook Cardi B's aggressive language towards trans people and joking about rape... OOPS Johnny boy
Roger Tramp (1 month ago)
Corporations are essentially tax collectors. It is very much like sales taxes. I know this is oversimplifying it. If you reduce corporate taxes enough the incentive to escape taxes is greatly reduced. Also it helps level the playing field so smaller corporations can be more competitive with the large corporations that can afford to setup shops outside the US.
Daniel Brandstetter (1 month ago)
Wow, John is so dense.
Adam ET (1 month ago)
I think that was the world's first and maybe only real-life disney villain musical number.
Joshua Yerkes (1 month ago)
Stop comparing yourself to Steven Mnuchin! He is way more ugly!
Mae Anne Ngo (1 month ago)
Shouting the all caps part of a tweet is very Captain Holt #Brooklyn99 I wonder which came first, the writing of that B99 episode or this one.
Captain Doomsday (1 month ago)
Honestly, if I lived in the US, I'd move just out of spite about taxation inequality. JK, I wouldn't be able to afford to. My taxes would be too high to save up for something like that. What I don't get is why places like Bermuda don't hike their corporate taxation to JUUUUUST below the next highest. Then they can bank off of every rich scumbag taking refuge there, and if they don't like it, they could always stop robbing America. Yeah, that's what I thought. Oh, or maybe taxation based on profit. If only there were some word for that, some sort of thing every civilian has to pay. Anyway, this "Income tax" could be levied against companies as they make the money by the countries in which they made it, which would be a fact embedded in the past and not a thing which could be moved.
Richard Bambenek (1 month ago)
Cardi B get a clue and shut up.
Erick Fenstermaker (1 month ago)
This is fucking stupid. He is basically arguing for taxes. Corporations dont pay taxes. People pay taxes. That simply means that the more you tax a company the more the people pay for goods and services. Not to mention we are paying those higher prices with money that has been taxed when we earned it. then we pay a sales tax. Corporations should not be taxed at all.
Cuatro Jones (1 month ago)
Soooo you’re saying we should simplify our tax code to a flat rate for everyone without any loopholes?
Green Wave 2018 (1 month ago)
Funny, John Oliver once bought a mansion with his tax return. Projection much?
Kasuga Sakura (20 days ago)
He's also not a multi billion dollar corporation that hides his money in different countries that he'll never live in to avoid taxes that could go to improving infrastructure, schools, hospitals and make medical treatments less expensive
Elliot Morandi (1 month ago)
$5,000,000,000 in profits and $0 in taxes? So unfair!! Our corporations need help and we need to give them tax breaks!
Rudeinfw (1 month ago)
How much did Amazon pay in taxes this year?
Arnooj de Arnooj (1 month ago)
In the words of the 2000s internet sensation, The Tourette's Guy: "DON'T TALK SHIT ABOUT TOTAL!"
Cheah Dylan (1 month ago)
The shouting never get bored,lol
chana0803101010 (1 month ago)
Did anyone else hear "Weasley accounting"?
chestnutmovie (1 month ago)
I'm Swiss and I love being insulted by John Oliver!
wesley lowderback (1 month ago)
you're funny, but you hate on conservatism and trump every episode and mislead people. For that, You have my down vote every week sir. Half of what you say is GOLD, and the other half, very misleading. You are obviously a socialist, and half of your viewers think socialism is terrible. Perhaps you shouldn't push it so hard.
Kasuga Sakura (20 days ago)
Well if half the viewers think socialism is that terrible, why the hell do they still watch? That would mean that they are just watching to troll and at the same time keep his ratings up. Kinda sounds counter productive
Flying Llama (1 month ago)
If I masturabted into a test tube and stored my semen in Bermuda can I avoid taxes?
Ionatan (1 month ago)
So poor Americans like me who barely have any money for college have to surrender the cash earned with our sweat and blood, while the richest companies in the world have loopholes to evade taxes completely? On behalf of literally everyone, a sincere fuck you!
Thomas MacKelly (1 month ago)
*Somebody still has to pay the nation's bills.* If its not them, it's you. Keep that in mind conservative.
Tin Samuel (1 month ago)
John didn't make it three minutes without a jew joke this time. Nice guys.
Autumn (1 month ago)
He looks like an owl
Jeev Narayan (1 month ago)
8-15 > 0. Your own words. 😂🤣😂
Tacocat (1 month ago)
Im suprised Cardi B could even understand taxes let alone ask what they're doing with them
Blah Blah (1 month ago)
The government is taking 40 percent of her tax moneys, WHAT ABOUT THE OTHER 60 PERCENT
AndyGHKFilm (1 month ago)
holy shit Jake Tapper
Timothe Poirier (1 month ago)
Internet conflict sculpture longtime formal soul land counterpart please read.
Misael Pac (1 month ago)
Kohlenstoffisotop12 (1 month ago)
so, where do you think flags and all the water related terminology of finances came from? that's right, Pirates!
Kohlenstoffisotop12 (1 month ago)
greedy *insert bad word here*
sharon nagle (1 month ago)
Gee I thought Trump claimed the lower class would get a pay hike. Funny how rich the CEO's are.
No Name (1 month ago)
you have the power! just dont buy products from a company that avoid taxes...
Alexis Smith (1 month ago)
Only Jon can showcase content mixing pop culture with politics and not be a complete turn off. Love this guy. #okuur
Jt Protoke (1 month ago)
40% of her taxes? Where's the other 60% going?
Polly Pockets (1 month ago)
I don't understand why social programs have to be cut, our social security threatened, and the minimum wage held low when this is happening. They don't need the money, but poor people and the middle class actually have a poorer quality of life due to their greedyness. Some people are even dying. It infuriates me.
Polly Pockets (1 month ago)
The Dynast Queen I just don't understand being that greedy and stupid. If people are too poor to buy their products and services they will go out of business.
The Dynast Queen (1 month ago)
Its called greed. Corporate CEOs don't care about poor people let alone their lower tier workers and would abuse them slavery plantation style along with kids if the US Gov't didn't have the minimum of worker protections that it does.
Holy Grail 101 (1 month ago)
Dear Mr. Oliver, I hope you too realize that when you used the line, "It was the ..." you are extra hilariously now included.
lower taxes is still better than no taxes
Kasuga Sakura (20 days ago)
True but it's a mean slap to the face of the working class when these corporations wen't paying any taxes anyway. Even when the tax rate was higher
Mordant221 (1 month ago)
Don't worry, individually, the people working at those companies pay taxes... well, the ones lower on the totem pole anyway
alicecapone (1 month ago)
Get ride of all those money launders. Do "No penalty & No question ask Tax Amnesty" And put those companies and rich people under IRS microscope. Americans do not need Tax Cut. What needed is for the gov to have enough money to facilitate American people with good health care, welfare and education. And of course, anyone who is in money laundry biz would against it to death becoz it would put them in a situation with no job.
M-47 (1 month ago)
In the words of one internet icon from the early days of youtube: DON'T TALK SHIT ABOUT TOTAL!
Samsonian Pitydafool (1 month ago)
Umm....Mr. Oliver, as an American I am curious exactly what any of us normal citizens (meaning we are not in the ‘donor class’ as we’re not billionaires and we aren’t close friends or relatives of any Congress members, hell I’m not even connected with any smart criminals that want me to hold onto a bunch of cash) were supposed to do to either personally make change, petition change, or even wish for the tax (money grab for rich and corporations) reform as Paul Ryan put it to help any ‘normal Americans’. If I knew what to do I would have been happy to do it as I’m sure many of us would.
TheBIGJake111 (1 month ago)
Correlation is not causation, I want more science than just point out "when this happened so did this!'
XalphYT (1 month ago)
9:25 is the most damning clip of the lot.
Andrew Schembri (1 month ago)
What are they doing with your money??? Probably on par with that stupid shit you do with all your money! It is rare to see any famous individual actually do anything that isn’t excessive or dumb as fuck, which is why tax or no taxes your ass will be broke before you are forgotten by everyone but your mother and TMZ
treedevil (1 month ago)
those are nazi bucks you swiss fucks 😂😂😂
Fulgrim88 (1 month ago)
I dont know if the GOP itself even believes in all this "job creation"/"trickle down" BS anymore.
CEAggregation (1 month ago)
Please. 8% to 15% of any amount is still bigger than 35% of 0$.
Zift Ylrhavic Resfear (1 month ago)
Didn't he say that it was estimated that the amount actually paid was 24%, even with all the dodging?
Christopher Neese (1 month ago)
Funny how all the leftist corps abuse tax free havens even more than the typical conservative ones. Yet somehow republican tax laws are destroying america....because leftist corps abuse them. lol
Christopher Neese (1 month ago)
Thanks for the mature conversation by the way, those are rare these days. lol
Christopher Neese (1 month ago)
Yeah the identity politics and division over the last 5 years has reached a boiling point. Extremism seems to be the norm and it is unsettling
Christopher Neese (1 month ago)
Ali Y unfortunately they shmooze them to the point of inaction which is just as bad objectively
Ali Y (1 month ago)
Christopher Neese agreed. Although while banks may throw money at democrats, like you pointed out it's because they know they will get no where with republicans. Democrats at least tighten regulations on banks. Really they schmooze all candidates though. When extreme wealth is at stake it doesn't matter what party you are. It would be nice if we could unite as the lower income working people, but they have us so distracted with identity politics we can't even do that.
Christopher Neese (1 month ago)
The banks push more support towards Democrats in order to keep them from going after them, because the republicans won't and they are the only opposition. Kind of how Obama promised to crush and punish wall street for 2008 , but in the end he did nothing but accept massive campaign donations from them. I think I am trying to get the point across of "liberal corps are just as shady as conservative corps" when it comes to lobbying and not paying taxes. Everyone looks up to these big corps like Amazon/google/apple to be the pillars of morality in the corporate world, but in the end they behave no differently than big coal or the military industrial complex when it comes to dealing with our government. Although I will say they contribute a lot to the country in other ways. But still

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