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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 (6403)
Chicken Permission (1 day ago)
Heheh 69
Rapaladude (1 day ago)
Cardi B sounds like she’s retarded.
obsever viewer (2 days 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 (2 days ago)
Bahaha. #TaxationIsTheft Good on Google for legally avoiding their tax bill!
Dragon Ball Clips (3 days ago)
Starting to hate Apple even more and there overpriced products.
Dr. Gearswell (3 days 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 (5 days ago)
Good segment, but I thought the jokes in this one were weaker than usual.
Adin Icic (5 days 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 (5 days ago)
The looting of Africa
Boricua3lions1985 (6 days ago)
God, this show keeps it real.
Kieven Teo (6 days ago)
2:14 please don't tell me the US taxes corporations on their profit and not revenue
Jeigh Tee (7 days ago)
Steven Mnuchin looks like the love child of John Oliver and Gilbert Gottfried.
Thomas Connors (8 days 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 (8 days 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 (8 days 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 (8 days ago)
*looks both ways* it was the jews
Amelie Caron (10 days ago)
trust eight resource poetry abroad rumor training abandon headquarters tobacco.
Violet Rose (10 days ago)
Dear @LastWeekTonight Pls cover the story "student protest in Bangladesh" https://www.bbc.com/news/world-asia-45069935 https://edition.cnn.com/videos/world/2018/08/05/bangladesh-road-protests-vanier-pkg-nr-vpx.cnn
JackHarkness42 (10 days ago)
"The government is taking 40% of my taxes." Really? Shit, who's taking the other 60%?
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 (12 days 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 (12 days 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 (12 days ago)
How does the government take 40% of your taxes
Samantha Owens (12 days ago)
𝙒𝙝𝙚𝙣 𝙮𝙤𝙪 𝙜𝙚𝙩 𝙩𝙝𝙚 𝙝𝙖𝙣𝙜 𝙤𝙛 𝙩𝙝𝙞𝙨, 𝙗𝙚𝙛𝙤𝙧𝙚𝙚𝙚𝙚 𝙮𝙤𝙪 𝙠𝙣𝙤𝙬 𝙞𝙩 𝙮𝙤𝙪 𝙬𝙞𝙡𝙡 𝙆𝙉𝙊𝙒 𝙮𝙤𝙪 𝙖𝙧𝙚 𝙩𝙝𝙚 𝙘𝙧𝙚𝙖𝙩𝙤𝙧𝙧𝙧𝙧. >>https://t.co/iwLrU6RZzP?gert56sdfg
Atmapalazzo (13 days 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 (13 days ago)
They know taxes are theft
Windrays (13 days ago)
BORDER WALL
R C (13 days ago)
#WalkAway
mar777i (14 days ago)
As a Swiss... they took that flag down.
Luke Murphy (16 days 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 (17 days ago)
That's the problem with (ultra-)Capitalism, it can be easily fooled with shallow logic
t brown (19 days ago)
coca cola uses trade secret protection so allegedly only 2 people know the recipe
iunary (19 days ago)
how racist ...
jaxk snow (18 days ago)
iunary welcome to USA.
Music girl 95 (19 days 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 (21 days ago)
Taxes Texas. Sexat. Saxet.
hulkhatepunybanner (22 days ago)
*Trump gives amnesty to hidden income but not to hidden immigrants.*
KenshiImmortalWolf (22 days 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 (24 days ago)
HOLY CRAP GUYS CANADIANS ARE FINALLY ALLOWED TO WATCH
Lucas Darroch (24 days ago)
these are just arguments to lower corporate taxes to remove the offshore incentive
Leonie Freitag (25 days ago)
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ken shifflett (25 days 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 (26 days ago)
"You can't race bend that shit because those people literally HAVE to be white" BAHAHAHAHAHA hilarious.
Elton Cena (26 days ago)
it was the jews lol
Elton Cena (26 days ago)
it was the trumps lol
Larry bautista (28 days ago)
10:45 had me 💀💀
Gr8 M9ds (30 days 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 (1 month 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 (1 month ago)
9:02 Thanks a frickin' lot. You just ruined baked potatoes.
James Adams (1 month ago)
Taxation is theft and harms the economy numb nuts. http://www.nber.org/papers/w13264
Steven Jordens (1 month ago)
"What's dat nigga doin wit my fuckin money?" Investigative journalism in the 21st century.
WHATWHAT willis (1 month ago)
I hate rich people. I hate USA Government. I hate fucking Trump.
James Adams (1 month 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 (1 month 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 (1 month 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 (1 month ago)
I mean increasing overseetaxes from 0 to around 10 seems liie an impr8vement to me.
Lisa Watson (1 month ago)
Steven Mnuchin looks like if Corn Flakes were a human.
Hippi Phuken (1 month ago)
the Panama scoot sounds like they drink the water
Will Zimmermann (1 month ago)
My old man goes mental over receipts☔️☔️☔️🍻🍻🍻🍻🍻🍻⛷⛷⛷⛷⛷⛷⛷🚣🏼🚣🏼🚣🏼🚣🎿🚣🚣🚣🚣🚣🎟🎟🎟🎫🎫🎫🎫🎪
Will Zimmermann (1 month ago)
Taxes are irrelevant if the local government isn't honoring there part of there civil duties......
I'm that good brah (1 month 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 (1 month ago)
Wow! I’ve never heard someone that actually make taxes funny.
Matti Makila (1 month ago)
Again we see what happens when Ayn Rand is your economics tutor. Depressing shit. Dubya and Drumpf: dumb and dumber.
James Adams (28 days 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. https://mises.org/wire/if-sweden-and-germany-became-us-states-they-would-be-among-poorest-states
Matti Makila (28 days 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 (30 days ago)
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 (1 month ago)
James Adams PS AOTA have higher GDP per capita than USA.
Matti Makila (1 month ago)
James Adams Bullshit! Why is it that Germany, Sweden, and Denmark are such power houses?
Stockmann Clinton (1 month ago)
How can the government take 40% of your taxes?
Robert Jensen (1 month 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. https://www.youtube.com/watch?v=KWHp2mhBxCQ
Bryce Mcinnis (1 month ago)
Miss Cardi B hmmm...🤔 truly a human befuddlement.
This is A bad name (1 month ago)
"The government is taking 40% of my taxes" actually they're taking all your taxes because THAT'S WHAT TAXES ARE
Gerald Maxwell (1 month ago)
The minimum tax proposal would have never happened. The global screams of infringement of sovereignty would have guaranteed that
Juan Carlos Vega (1 month ago)
"It was the Jews." Hahahaha... Killed me. 🤣
Dennis Mungai (1 month ago)
Cardi B is bae.
SirChocula (1 month ago)
Sadly, it is the Jews....has always been (((them))).
Silver Jaiden (1 month ago)
I love Oliver... but every time I see analyst complain about people finding ways not to give the weasels in Washington their own money, it feels the same as the idiots that try to treat pot smokers as criminals...
aguila (1 month ago)
what a commie
ToughAncientSpark (1 month ago)
This is why America is turning to shit. Corporations screwing us in every way possible.
Tevo77777 (1 month ago)
Well, some of his videos aren't so good, but I wholeheartively agree that Apple and Google need to be taken down a peg.
Meret Röthlin (1 month ago)
6:25 I live there. I'm related to the people who own that hotel. Omg, do you know how seldom it is for me to see my hometown anywhere when I'm not looking for it? (And yes, our taxes are ridiculously low, even by Swiss standards)
Anthony (1 month ago)
Finnaly @- 2:00 Jon names (((them)))
Adam Broderick (1 month ago)
So corporations are acting like cancer cells? Because when chemo and surgery and radiation wipe out cancer in one site they tend to find more and more obscure places to hide and eventually recur within the body. Corporations are cancer confirmed.
James Adams (1 month ago)
No, that would be government.
TV INNOCENCIUSXCVI (1 month ago)
Anyone who says taxation is theft is anti - American
James Adams (1 month ago)
Cool. Doesn't matter though. Taxation is theft and "American" isn't something that you can say is moral or good in and of itself. Stealing is immoral.
Arthur Jackson (1 month ago)
So at the beginning they laugh at Tim Cook because he lied, then towards the end they applaud him for dismissing the president's tax plan... so, are we supposed to believe a liar or not?
Aamir Tanoli (1 month ago)
Even as per Pakistan law, companies/personnel are allowed to have money in offshore companies & accounts. I always wondered why & how is it legal? What benefit does this law has for a common citizen like me? Why aren't these loopholes taped? And then i see who is funding those election campaigns...
Hannibal Barca (1 month ago)
And of course interest
Caleb Tynes (1 month ago)
Gotta love America's corporate greed. It's infuriating to me that all of these companies are allowed to essentially steal money directly from our own country and move it overseas. Corporations are supposed to be paying taxes that help support public policy and the infrastructure of this country. Since they don't do that, your government (and us) have to foot the bill. How do we do that? By going trillions of dollars in public debt trying to reinflate the economy because the corporate tax money leaks are draining all of the money from America.
James Adams (1 month ago)
Wrong. Taxation is theft and your nonsense about other countries does absolutely nothing to address that. Besides, not having taxes does not equate to no roads, law enforcement, or military. I'd quite like the condition of not having government. The Brehons did fine without government. Same with Cospaia. Somalia actually improved after it went stateless as opposed to the period before it went stateless. See: Better Off Stateless by Peter Leeson. He gives a breakdown of various metrics of quality of life.
Caleb Tynes (1 month ago)
James Adams Taxation is not theft. If you don't believe me, try living in a country with no roads, law enforcement, military, and government. It's often very unpleasant and living conditions are low across the board.
James Adams (1 month ago)
They're not stealing anything. Taxation is theft. Avoiding it is moral and just.
Jacob Toth (1 month ago)
you ever just stare at John in his suit, talking about important stuff, on a magic screen, and think: "wow. did the monkeys predicted this as their future? It's pretty elaborate."
andrew foreman-loe (1 month ago)
"Those are Nazi bucks, ya swiss fucks." Fucking dead.
kncnsm (1 month 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 (1 month ago)
That pirate comment is the best thing I've ever seen. Look at that guys face when he said it.
Ale 2408 (2 months ago)
Im a Swiss. He calls me a Swiss-Fuck. Now im sad.
That Lame gamer (2 months ago)
"don't talk shit about Total"!
Roses (2 months 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 (2 months ago)
Gowan the Irish boys
Conner Hawkins (2 months ago)
They are still too high
Gemma Creagh (2 months 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 (2 months 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 (2 months ago)
Why what happent,,?? Is to bad??
Chris C. (2 months 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 (2 months 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 (2 months ago)
I could watch a full video of John shouting the caps on Trump tweets
Raj T (2 months ago)
GE is a bad company. Some one should take it down
Honorina Lopez (2 months 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 (2 months ago)
Uneducated skank ho... guess who?? =P
Israel Blaylock (2 months ago)
5:16
WufeiLord (2 months 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 (2 months ago)
"what is y'all doing with my fucking money?" -Cardi B
get rekt nerds (2 months ago)
but it WAS the jews

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