March 18, 2013 |By Paul Bucheit
Outside the stadium our nation’s kids and seniors and low-income mothers may be dealing with food and housing cuts, but on the corporate playing floor new low-tax records are being set again this year. Just as this is a golden age for sports, this is also, as noted by the New York Times, “a golden age for corporate profits.”
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.
Read more 16 Giant Corporations That Have Basically Stopped Paying Taxes — While Also Cutting Jobs! | Alternet.
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