The Counter Culturalist
anticapitalist:

The 30 Top U.S. Companies That Paid No Taxes 


The Dirty 30 have spent millions to get the tax code the way it is, and will likely spend millions more to keep it that way. In the three years studied by Citizens for Tax Justice, the 30 spent nearly half a billion dollars on lobbying Congress. 


They’ve certainly profited from the friendly tax code. Together the 30, which include Wells Fargo, Mattel, Verizon, GE, and other well-known corporate brands, collected $10.6 billion in tax rebates during the three years Citizens for Tax Justice studied. Many of the companies on the list claim tax rebates while avoiding taxes altogether by parking profits in overseas shelters.


In total, the top 30 companies dodged $67.9 billion in taxes over three years, costs that are passed on to American taxpayers and small businesses that lack the teams of tax analysts necessary to exploit loopholes in the code. “Spread out over every individual tax filer in America, the taxes avoided by the Dirty Thirty break down to an average of $481 per taxpayer over the three years,” according to Citizens for Tax Justice.




Here’s the gallery of the “dirty 30”.

anticapitalist:

The 30 Top U.S. Companies That Paid No Taxes 

The Dirty 30 have spent millions to get the tax code the way it is, and will likely spend millions more to keep it that way. In the three years studied by Citizens for Tax Justice, the 30 spent nearly half a billion dollars on lobbying Congress. 

They’ve certainly profited from the friendly tax code. Together the 30, which include Wells Fargo, Mattel, Verizon, GE, and other well-known corporate brands, collected $10.6 billion in tax rebates during the three years Citizens for Tax Justice studied. Many of the companies on the list claim tax rebates while avoiding taxes altogether by parking profits in overseas shelters.

In total, the top 30 companies dodged $67.9 billion in taxes over three years, costs that are passed on to American taxpayers and small businesses that lack the teams of tax analysts necessary to exploit loopholes in the code. “Spread out over every individual tax filer in America, the taxes avoided by the Dirty Thirty break down to an average of $481 per taxpayer over the three years,” according to Citizens for Tax Justice.

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