Twenty-Six Major Corporations Paid No Corporate Income Tax for the Last Four Years, Despite Making Billions in Profits
Pat Garofalo, ThinkProgress: ''Last year, Citizens for Tax Justice found that 30 major corporations had made billions of dollars in profits while paying no federal income tax between 2008 and 2010. Today, CTJ updated that report to reflect the 2011 tax bill of those 30 companies, and 26 of them have still managed to pay absolutely nothing over that four year period.''
http://truth-out.org/news/item/8432-twenty-six-major-corporations-paid-no-corporate-income-tax-for-the-last-four-years-despite-making-billions-in-profits
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What s the deal with our current tax system?
A full 22,000 households that made more than $1 million in 2009 paid less than 15 percent of their income in income taxes and 1,470 managed to pay no federal income taxes on their million-plus-dollar incomes, according to the IRS.
http://www.whitehouse.gov/economy/buffett-rule
10 Big Companies That Pay No Taxes and Their Favorite Politicians
By Gavin Aronsen
If the companies had paid the full 35 percent corporate tax rate, they would have put more than $78 billion into government coffers.
http://www.informationclearinghouse.info/article31074.htm
How To Become A Billionaire
By William K. Black
How to become a billionaire. The four necessary ingredients in the recipe for fraud.
http://www.informationclearinghouse.info/article31107.htm
From Information Clearing House
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=corporat
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=billion
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=tax+system
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=income+tax
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Pat+Garofalo
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Gavin+Aronsen
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http://truth-out.org/news/item/8432-twenty-six-major-corporations-paid-no-corporate-income-tax-for-the-last-four-years-despite-making-billions-in-profits
--------
What s the deal with our current tax system?
A full 22,000 households that made more than $1 million in 2009 paid less than 15 percent of their income in income taxes and 1,470 managed to pay no federal income taxes on their million-plus-dollar incomes, according to the IRS.
http://www.whitehouse.gov/economy/buffett-rule
10 Big Companies That Pay No Taxes and Their Favorite Politicians
By Gavin Aronsen
If the companies had paid the full 35 percent corporate tax rate, they would have put more than $78 billion into government coffers.
http://www.informationclearinghouse.info/article31074.htm
How To Become A Billionaire
By William K. Black
How to become a billionaire. The four necessary ingredients in the recipe for fraud.
http://www.informationclearinghouse.info/article31107.htm
From Information Clearing House
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=corporat
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=billion
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=tax+system
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=income+tax
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Pat+Garofalo
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Gavin+Aronsen
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Starmail - 10. Apr, 22:17