Many of the CEO’s who signed the deficit-reduction letter run - TopicsExpress



          

Many of the CEO’s who signed the deficit-reduction letter run corporations that evaded at least $34.5 billion in taxes by setting up more than 600 subsidiaries in the Cayman Islands and other offshore tax havens since 2008. As a result, at least a dozen of the companies avoided paying any federal income taxes in recent years, and even received more than $6.4 billion in tax refunds from the IRS since 2008.
Posted on: Mon, 10 Jun 2013 15:57:07 +0000

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