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Government Accountability Office

GAO Voices Concerns (Again) About Contracts, Grants Awarded to Delinquent Taxpayers

24 May 2011

Earlier today, the Government Accountability Office (GAO) released its prepared written testimony before the Permanent Subcommittee on Investigations, Committee on Homeland Security and Governmental Affairs, U.S. Senate. The five page report (longer if you include title pages and contact information) details the GAO’s findings about the American Recovery and Reinvestment Act of 2009 contract and [...]

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More Than Half of US Companies Pay No Income Tax

12 August 2008

According to the Government Accountability Office, in any given year, at least 60% of US corporations surveyed paid no federal income tax liability for 1998 to 2005 (the years studied). That statistic includes corporations of varied sizes. If the trends in the survey are accurate, nearly one quarter of large US corporations don’t pay any [...]

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