"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Some Piggies Are More Equal Than Others - Pentagon Edition
Submitted by A. Magnus on Wed, 2014-02-26 01:00
"Last year, government contracting behemoth Boeing paid an effective tax rate of -1.4%. Yes, you read that correctly – negative 1.4%. According to a new report from the Center for Effective Government, one of America’s biggest corporations, with profits ranging from $1.6 to $5.9 billion over the last five years, found ways to whittle down its effective tax rate so much that it became, in effect, a source of revenue as they reaped a whopping $82 million tax refund on $5.9 billion in profits. And this isn’t new."
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