Most of the attention to corporate tax avoidance is directed at - TopicsExpress

Most of the attention to corporate tax avoidance is directed at the nonpayment of federal taxes. But state taxes, which to a much greater extent fund K-12 education, are avoided at a stunning rate by Americas biggest companies. As a result, public school funding continues to be cut, and the worsening performance of neglected schools adds fuel to the reckless demands for privatization. Inner-city schools are being devastated by this insidious process. Chronic Nonpayment A 2011 report by Citizens for Tax Justice (CTJ) showed that corporations pay less than half of their required state taxes, alternet.org/education/how-corporations-are-cheating-millions-school-children-out-billions-education-funds#.VK1z6g6hGWE.twitter

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