|
Political Factoid
These companies had billions
of dollars in profits and reaped
billions in taxpayer subsidies
for an effective tax rate
of negative 1.5 percent.*
- American Electric Power
- Boeing
- DuPont
- Exxon Mobil
- FedEx
- General Electric
- Honeywell International
- IBM
- United Technologies
- Verizon Communications
- Wells Fargo
- Yahoo
They are just the tip of the iceberg
of widespread corporate tax avoidance.
| * |
That means the government
(i.e., the taxpayers) paid them.
|
cf.
1920
|
|
-30-
|
