16 Giant Corporations That Have Basically Stopped Paying Taxes - Some getting refunds!Submitted by ecard71 on Wed, 04/03/2013 - 15:36
"Corporations have simply stopped paying their taxes, perhaps using the 2008 recession as an excuse to plead hardship, but then never restoring their tax obligations when business got better. The facts are indisputable. For over 20 years, from 1987 to 2008, corporations paid an average of 22.5% in federal taxes. Since the recession, this has dropped to 10% -- even though their profits have doubled in less than ten years."