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16 Giant Corporations That Have Basically Stopped Paying Taxes -- While Also Cutting Jobs!

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Headlined to H3 3/19/13
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At www.alternet.org

Corporations have simply stopped paying their taxes, perhaps using the 2008 recession as an excuse to plead hardship, but then never restoring their tax obligations when business got better. The facts are indisputable. For over 20 years, from 1987 to 2008, corporations paid an average of 22.5% in federal taxes. Since the recession, this has dropped to 10% -- even though their profits have doubled in less than ten years.

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At www.alternet.org


 

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anyone or any corporation should pay more or less ... by molly cruz on Tuesday, Mar 19, 2013 at 3:48:52 PM