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Government Accountability Office

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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