Portside

Reader Comments - Victory for Americans: Walgreens Won't "Invert"; Rosetta Comet Rendezvous; Reflections on My Seven Months in Israel; Incipient Inflation Freak-Out Could Wreck Economy; Jews Who Protest Israeli Policy; Academic Freedom Under Attack - The Firing of Steven Salaita; Anti-Semitism; Virgin America Flight Attendants Vote To Join Union; Healthcare - the NHS; Market Basket Srtike - Why Its So Important; On This Day in History - FDR Signs Social Security Act

Carl Levin's subcommittee on investigations says the equipment-maker routed money through a Swiss subsidiary.

Poorer nations lose three times more money to havens a year than they get in aid. The G8 has the chance to change this.

Reader's Comments - End of the War in Viet Nam; Paid Sick Leave Law in New York; Guantanamo; Dodging Corporate Taxes; Working Class; Education; Health Care; Songs for May Day; Interview with Rene Gonzalez; What Can I Do - Portside emails have suddenly stopped? Alert for Earthlink, Mindspring, IGC PeoplePC readers Announcement - New York City Troublemakers School, May 18; International Forum on Globalization - Peoples of the Pacific - Berkeley Teach-In - June 1 & 2

This is as noted by the New York Times, "a golden age for corporate profits." Corporations have simply stopped paying their taxes. Pay Up Now just completed a compilation of corporate tax payments over the past five years, using SEC data as reported by the companies themselves. The firms chosen are top-earners who have filed 10-K reports through 2012. Their US Tax figures represent the five-year total of "current" payments.