"The results: 111 companies paid effective tax rates of less than 17.5% over the three-year period; 98 paid a rate between 17.5% and 30%; and 71 paid more than 30%.
The average rate? 18.5%.
Some companies paid zero. And 30 actually owed less than nothing in income taxes over the three years. How does that happen?"
Study: Many corporations pay no income taxes
Mystic Politics mission is to instigate debate on politics, religion, and science towards a more informed society. Our goals are increasing the authority of alternative media and citizen journalism- and to spotlight political corruption, government conspiracies, religion in politics, and the dichotomy of science and faith.
Monday, November 7, 2011
Study: Many corporations pay no income taxes
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