10 companies that make money but pay no taxes
ecthompsonmd
April 15, 2012
Any time that the system to rigged that you can make millions, and and some cases billions, of dollars in profits yet pay no US taxes, there is a problem. We have to fix this problem. From Mother Jones: Between 2008 and 2011, 26 major American corporations paid no net federal income taxes despite bringing in billions in profits, according to a new report (PDF) from the nonprofit research group Citizens for Tax Justice. CTJ calculates that if the companies had paid the full 35 percent corporate tax rate, they would have put more than $78 billion into government coffers. Here’s a look at
