Here is and interesting article that most replublicans would like you to ignore from the SF Chronicle
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/08/12/MNC4129OFL.DTL&tsp=1
(08-12) 19:48 PDT -- When the taxman cometh, most corporations wave him on by, according to a government study released on Tuesday.
About two-thirds of U.S. companies and foreign firms doing business in this country paid no federal income taxes from 1998 to 2005, according to a study by the Government Accountability Office. Sen. Byron Dorgan, D-N.D., called the report "a shocking indictment of the current tax system."
To be sure, many of the nonpayers were small or new companies that probably made no money. But the report said that about a quarter of large corporations - ones that had more than $250 million in assets or $50 million in gross receipts - paid no taxes. In 2005, for instance, 3,565 large U.S. companies and 998 large foreign-owned companies operating here did not pay any income taxes.
It is a very interesting article and explains that some companies have reasons, but many don't. All of this happening under the Republican congress. What do you think? Does the Buck stop here or do we keep opening up our wallets.
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