Archive for May 18th, 2009

Which would you Vilify, the Taxes or the Companies

Monday, May 18th, 2009

There are 18,857 company headquarters in one building on Cayman Island. An estimated $21 billion in US taxes are avoided in this building. Included in offshore corporations not paying taxes are KBR, Bank of America (with 1145 foreign tax shelters) Morgan Stanley (with 270 foreign tax shelters), and CITI group (with 427 foreign tax shelters). All… »

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