After presidential candidate Mitt Romney claimed 47% of Americans pay no income tax and are dependent upon government, media noted that because of tax loopholes, not near-poverty income, 1,400 millionaires paid no federal income taxes in 2009 (Robertson Williams, senior fellow at the Tax Policy Center) and that in 2011 the corporate person Boeing had no net income-tax liability for the fourth year in a row, despite $5.1 billion in profits (Danny Westneat), according to the Seattle Times, Sept. 19, 2012.
Posted on: Wed, 01 Oct 2014 20:27:54 +0000
Trending Topics
Recently Viewed Topics
© 2015