tigerred59
Gold Member
- Mar 17, 2015
- 21,276
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1 trillion and you GOP fucks want to give these invisible job creators more tax breaks?
A government report revealed on Wednesday that a significant percentage of large, profitable U.S. corporations pay no federal taxes at all. A study released Thursday gives fresh insight into some of the practices that make those light tax burdens possible.
The 50 largest U.S. corporations currently stash about $1.4 trillion in offshore tax havens, according to the analysis by anti-poverty group OxFam America.
Between 2008 and 2014, these titans of big business — a group that includes Apple, Coca-Cola and Disney — together received approximately $27 in federal loans or similar aid for every $1 they paid in federal taxes, OxFam America calculated.
America’s 50 Biggest Corporations Are Hiding Over $1 Trillion Overseas
A government report revealed on Wednesday that a significant percentage of large, profitable U.S. corporations pay no federal taxes at all. A study released Thursday gives fresh insight into some of the practices that make those light tax burdens possible.
The 50 largest U.S. corporations currently stash about $1.4 trillion in offshore tax havens, according to the analysis by anti-poverty group OxFam America.
Between 2008 and 2014, these titans of big business — a group that includes Apple, Coca-Cola and Disney — together received approximately $27 in federal loans or similar aid for every $1 they paid in federal taxes, OxFam America calculated.
America’s 50 Biggest Corporations Are Hiding Over $1 Trillion Overseas