Later On

A blog written for those whose interests more or less match mine.

Tax favoritism

with one comment

The tax cuts have notoriously and overwhelmingly favored the wealthy, and now this, from ThinkProgress:

A new GAO report has found that “two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005.” The GAO “said about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes over the same period.”

Written by Leisureguy

12 August 2008 at 7:54 am

One Response

Subscribe to comments with RSS.

  1. Sad, but it’s not new.

    Like

    scott

    12 August 2008 at 8:37 am


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: