This past week, Apple, Inc. took a beating in Washington and nationally for manipulating very legal tax laws to avoid paying any taxes.
We knew this of GE, General Electric, years ago and we've known other companies also do it but I think it's important to get out there more names of firms who do the same. Herewith, then, is a list of ten of the worst, biggest examples:
It gets worse, too, to an extent. There are companies who game our tax system so totally, WE'RE PAYING THEM TO BE IN BUSINESS, as a nation, you and me (click on picture for easier reading):
It's important to know.
I say again, companies should at least pay a minimum--say a 10% minimum, by law--for access to our markets and so we can keep up our infrastructure, whether they're from here in the US or elsewhere.
Link: It's Not Just One Bad 'Apple'