News for hackers. Stuff that matters.
Re:66% Of American Corporations Pay Zero Federal Income Tax. by kubafast on Monday April 20, 2009 @09:58AM (#570678)
Note 'some of them report $0 income before deducting their expenses, and others find deductions equaling more than their reported income.' That's another way of saying they're making a loss. See? They're not paying taxes because they're losing money.

There are no comments on this comment yet.