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March Madness: Extreme Corporate Tax Avoidance

Paul Buchheit BuzzFlash at Truthout
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.
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