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General News    H4'ed 4/14/11

How 12 Multinational Corporations Avoid Paying Taxes

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In addition to General Electric, at least 11 other multinational, billion-dollar corporations managed to get a free pass from the IRS -- and not only that, but while average Americans scraped their piggy banks to pay hefty taxes on paltry paychecks, many of these companies actually got a refund. Want to know how they pulled that off? By the fatcat's swindle: lobbying, campaign contributions, and other legal gladhanding that helps them exploit corporate loopholes and keeps their pockets flush while the rest of us struggle to get by.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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