March Madness of Corporate Greed

[Donnachaidh]

http://blog.buzzflash.com//node/12522?utm_content=backtype-tweetcount&utm_medium=bt.io-twitter&utm_source=blog.buzzflash.com

The top seeds in the Tax Haven Tourney: banks and power companies.

The small companies and public didn't have a chance in the early rounds. Now it's down to a few formidable corporate teams, the Cheat 16 (All documented by US Uncut Chicago members on PayUpNow.org):

-- General Electric made $10.3 billion in 2009, but received a $1.1 billion tax rebate.

-- Forbes said about Bank of America in 2010: "How did they not pay any taxes on $4.4 billion in income?"

MUCH more at the link --