Over Two-Thirds Of Corporations Pay No Federal Corporate Income Tax

Tuesday, January 10, 2012 Over Two-Thirds Of Corporations Pay No Federal Corporate Income Tax At a time when the federal government is starved for cash -- and facing layoffs and cuts in services across the board -- more and more corporations are sidestepping their traditional tax rate and keeping millions of dollars for themselves. The number of U.S. corporations structuring their businesses in such a way that they can avoid higher taxes has skyrocketed in the past quarter century, The Wall Street Journal reports. Report: Fannie Mae CEO Out Federal Agency Takes Stand On The Foreclosure Crisis Bank Of America Plaza Threatened WIth Foreclosure Fed Just Paid U.S. The Second-Highest Amount In History How The Italian Mafia Is Winning Big In The Euro Crisis BLOG POSTS David Tuckett: Making Markets Safer What happened in the recent financial crisis was the product of a shift in mental states. It had its origin in a failure both to understand and to organize markets in a way that adequately controls the outbreak of risky and unrealistic decision-making mental states. Michael Zacka: What Do Milk Cartons and iPhones Have in Common? In the global technology world, cell phones have made the landline an afterthought. People in developing countries, where they require costly and complex networks, leapfrogged straight to cell and smart phones for the immediacy they provide. The same can be said for milk. Paul Abrams: Bain Focus Misses Larger Point: Bain Experience Did Not Help Romney Create Jobs as Governor Romney's entire premise that as a businessman, he knows how to create jobs as chief executive in government, is phony. Don Tapscott: 20 Big Ideas for 2012, Part Two What will happen in 2012? In the spirit of the aphorism "The future is not something to be predicted, it's something to be achieved," let me suggest 20 transformations. Richard (RJ) Eskow: Austerity for Dummies: The 3-Minute Guide to a Bad Idea "I feel stupid," someone said the other day. "I consider myself well-informed, but I have no idea what the term 'austerity economics' really means." Actually it's not that complicated, and most of the lesson plan can be found in today's headlines.

MOST POPULAR ON HUFFINGTONPOST.COM Walmart Offering To Help You With Taxes This Year Maker Of Wonder Bread, Twinkies Prepares For Bankruptcy AGAIN Wall Street Employees Threaten To Quit If Bonuses Aren't Up To Snuff ON FACEBOOK Over Two-Thirds Of Corporations Pay No Federal Corporate Income Tax Maker Of Wonder Bread, Twinkies Prepares For Bankruptcy AGAIN Wall Street Employees Threaten To Quit If Bonuses Aren't Up To Snuff

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