contributions & buy elections? Many millions of dollars come from U.S. and foreign corporations to buy congress? Can you be bought?
Reuters) - Most U.S. and foreign corporations doing business in the United States avoid paying any federal income taxes, despite trillions of dollars worth of sales, a government study released on Tuesday said.
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.
http://www.reuters.com/article/idUSN1249465620080812
GE, Exxon Paid No U.S. Income Taxes in '09
GE Capital Lost Money, Exxon's Tax Dollars Went Overseas
http://abcnews.go.com/Business/Tax/ge-exxon-paid-us-income-taxes-09/story?id=10300167
Reuters) - Most U.S. and foreign corporations doing business in the United States avoid paying any federal income taxes, despite trillions of dollars worth of sales, a government study released on Tuesday said.
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.
http://www.reuters.com/article/idUSN1249465620080812
GE, Exxon Paid No U.S. Income Taxes in '09
GE Capital Lost Money, Exxon's Tax Dollars Went Overseas
http://abcnews.go.com/Business/Tax/ge-exxon-paid-us-income-taxes-09/story?id=10300167