VaYank5150
Gold Member
Although a number of the largest corporations in America are publicly taking heat for paying relatively small tax bills -- or none at all -- it's likely they're simply operating within the tax code as it now exists. General Electric is among those being singled out. Skeptics wonder how the company could report worldwide profits in excess of $14 billion -- more than $5 billion from operations here in the U.S. -- and owe nothing in taxes.
Corporate Tax Crackdown Faces Big Obstacles From Lobbyists - FoxNews.com
To hear many on these boards tell it, the United States has the highest corporate tax in the world, which causes US employers to ship jobs overseas.