"...Abusive offshore tax havens cost the US $150 billion in lost - TopicsExpress

"...Abusive offshore tax havens cost the US $150 billion in lost tax revenue every year (via FACT Coalition)..." "...Wells Fargo paid a negative tax rate of -1.4 percent between 2008 and 2010 while Wachovia, a Wells Fargo subsidiary, admitted to laundering more than $378 billion for Mexican drug gangs..." "...The amount of money US corporations are holding offshore is an estimated one trillion dollars!" "...the actual tax rate paid by American corporations is only 12 percent, less than that paid by many middle-class Americans..." "...Big corporations paid $216 million to Congress and got $223 billion in tax breaks!"

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