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Study Finds Many Companies Paid No Tax On 84 Profits
Washington AP report shows nearly half of 275 large profitable corporations paid no federal income tax in at least one of four years, with 40 companies avoiding taxes on over 10 billion dollars in profits last year. Five defense contractors General Dynamics General Electric Lockheed Boeing and Grumman are named.
MENTIONED IN THIS ARTICLE
Washington
Citizens For Tax Justice
General Dynamics
General Electric
Lockheed
Boeing
Grumman
McDonnell-Douglass
Martin Marietta
Westinghouse Electric
Eral
U.S
Reagan
Robert S. McIntyre
Federal