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2 Comments
rougysays...Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress.
The study by the Government Accountability Office, expected to be released Tuesday, said about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes over the same period.
Collectively, the companies reported trillions of dollars in sales, according to GAO's estimate.
Common Dreams
Somebody once told me that the study had been refuted, but failed to post the source of the refutation.
Care to try again?
siftbotsays...Moving this video to SpeveO's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.
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