Monday, April 16, 2012

Six Rigged Rules Corporations Use to Dodge Taxes | The Nation

Six Rigged Rules Corporations Use to Dodge Taxes | The Nation
"As American families rush to complete their annual tax returns, many will have paid more in federal income taxes than some of America’s largest and most profitable corporations. AT&T, Boeing, Citigroup, Duke Energy and Ford collectively reported more than $20 billion of US pre-tax income last year, yet none of them paid a dime in federal income taxes. Instead, they claimed refunds of more than $1.3 billion from the IRS."