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Birthright Citizenship RobVG June 29, 2025 3:34 pm (CurrentEvents)

To be blunt, NASA is now dead RL June 27, 2025 11:56 am (Space/Science)

Musk trashes his own AI after it chose a liberal worldview. RobVG June 23, 2025 9:56 am (CurrentEvents)

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Just for the record... ER June 22, 2025 8:59 am (CurrentEvents)

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There are only nine meals between mankind and anarchy. BuckGalaxy June 22, 2025 12:29 am (Flame)

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Home » CurrentEvents

Wait... so the wealth WON'T be trickling down? April 15, 2016 1:50 pm RL

Top 50 us corporations stashing 1.4 trillion dollars in off-shore tax havens…

What a SHOCK!

The $1.4 trillion is just the beginning of the story, though.

Oxfam estimates that corporate tax avoidance costs the US about $100 billion in tax revenue every year. Each American taxpayer would have to pay an additional $760 per year to cover that cost. These companies aren’t just shielding tax revenue from the government — they’re taking money from the government (and taxpayers) in the form of federal loans, loan guarantees and bailouts. Between 2008 and 2014, for every $27 of these funds received, the companies paid $1 in federal taxes.

  • THIS is why the GOP has been so nasty for the last seven and a half years. by ER 2016-04-15 14:20:31
    • No... by Robert 2016-04-15 15:10:08
      • So try to put a price on "family values". by bowser 2016-04-15 20:45:29

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