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Let's just give up on taxing big corporations

2015-10-10 07:23:54| Beverages - Topix.net

If Fortune 500 companies paid a mere 6 percent on their offshore profits -- about as much as they pay, on average, outside the U.S. -- they'd owe $620 billion in additional federal taxes, says a report published this week by Citizens for Tax Justice. That would be enough to finance the entire U.S. federal education expenditure for more than five years.

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