Report: Over 8 in 10 corporations have tax havens

Jan 16, 2009 19:53

Report: Over 8 in 10 corporations have tax havens

Eighty-three of the nation's 100 largest corporations, including Citigroup, Bank of America and News Corp., had subsidiaries in offshore tax havens in 2007, and some of the companies received federal bailout funding, a government watchdog said Friday.

The Government Accountability Office released a ( Read more... )

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Comments 5

surrenderface January 17 2009, 04:13:37 UTC
I'M SAXBY CHAMBLISS AND THIS IS WHY WE SHOULD HAVE THE FAIR TAX YALL

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leelakin January 17 2009, 04:20:33 UTC
Over 8 in 10 = 10/10. XD
(they just couldn't prove it for the rest)

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cagedwild19 January 17 2009, 05:30:57 UTC
big business is crooked

say it isn't so.....

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koalafrog January 17 2009, 06:04:26 UTC
OH MY GAWD Y'ALL BUT THE RICH PAY SOOOOOOOOOOO MUCH IN TAXES AND TOTALLY CAN'T AFFORD ACCOUNTANTS TO FIND TONS OF LOOPHOLES BLAR BLAR BLAR

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dearmisterecho January 17 2009, 06:04:39 UTC
ugh.

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