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« It Makes You Wonder | Main | The Wrong Kind of Thinking »

May 16, 2010

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Comments

What's the multiplier effect of tax compliance?


Companies Dodge $60 Billion in Taxes Even Tea Party Condemns

While it remains offshore and shielded from federal income taxes, most of the $1 trillion in foreign profits for U.S. multinationals cannot be used in the U.S. That doesn’t make Tyler Hurst very happy about his Lexapro transaction.

“If I’m purchasing it from Walgreens two blocks away, that money isn’t going to anything local, or anything national,” he said. “I’m giving my money to Ireland.”


http://tinyurl.com/2c6y928

You don't have it but they do:

America's Ten Most Corrupt Capitalists
Wall Street's captains of industry and top policymakers in Washington are often the same people. A lot of them get rich by playing for both teams.

http://tinyurl.com/22oh72q

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