We Pay Taxes—Most Corporations Don’t
by James Parks, Aug 12, 2008
AFL-CIO NOW
Most corporations, including a large majority of foreign companies doing business in the United States, pay no income taxes, according to a report released today.
The Government Accountability Office (GAO) reported that two-thirds of both American and foreign companies doing business here end up avoiding all income tax obligations to the federal government, despite corporate sales totaling $2.5 trillion. (more…)

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