incentives

$2.5 Trillion in Sales, Uncle Sam Gets Zero

Corporations. $2.5 trillion in sales. Tax liability, zero

brought to you by your tax code at work

Sounds like a slogan to do business in the US doesn't it? Yet assuredly that is not what is happening when corporations line up like the Oklahoma land rush to move to China and India.

Oklahoma Land Rush 1889

Yet, maybe that multinational corporate land rush has something to do with these results?

The Government General Accountability Office just released a report on how many large corporations do not pay taxes yet have strong sales. AP sums it up: