Wednesday, December 7, 2011

Corporate Tax Dodging Has Cost States More Than $42 Billion In Revenue Over The Last Three Years

Corporate Tax Dodging Has Cost States More Than $42 Billion In Revenue Over The Last Three Years: pThinkProgress has documented the repeated tax dodging of large corporations, some of which, like GE, have gone entire years without paying taxes despite hauling in massive profits. Now, that phenomenon has spread to the states, where many corporations have largely avoided paying state corporate income taxes despite growing profits. Some companies, like DuPont, avoided state [...]/p