Report: 26 U.S. Companies Not Paying Federal Income Tax

In November, the liberal lobbying group Citizens for Tax Justice stirred controversy with a report highlighting 280 so-called corporate tax-dodgers, highlighting companies they said were paying under the 35 percent federal income corporate tax rate. This week, the group revised its list with new data and said most of the companies that paid no taxes previously repeated that in 2011. The latest update estimates that all but four of the 30 Fortune 500 companies that paid an average negative...Full Story
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