Not Paying Tax: How Corporations Have Mastered the Art

Not Paying Tax: How Corporations Have Mastered the Art

alternet.org

Those official and theoretical tax obligations have been used to support conservatives' claims that corporations pay half or more of their profits to federal, state and local levels of government combined. However, because of loopholes, the truth is very different. The actual tax payments of corporations, and especially large corporations, are far lower than their official, theoretical obligations.

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