With an eye to the looming fiscal cliff, Washington is making important decisions on whether taxes should be higher or lower — but many companies aren’t even paying what they owe. In 2008, the Government Accountability Office reported that at least 83 of the top 100 publicly traded corporations in the U.S., such as Boeing and GE, use offshore tax havens to avoid paying federal taxes.
LETTER TO THE EDITOR: Close tax loopholes for corporations
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