Thursday, July 4, 2013

How US corporations don't pay their taxes (VIDEO)

According to The Government Accountability Office, some of the country's most profitable companies aren't paying their fair share of taxes.

Due to legal loopholes, companies such as Wal-Mart, Apple and Google have evaded paying the 35 percent tax rate and in 2010 paid nearly half of what was required.

Author and economist Dean Baker explains.

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