Giant corporations pay little or no federal taxes03/03/11 Robert Lorei
Radioactivity: Live Call-In (Thursday) | Listen to this entire show:
On part two of today's Radioactivity an interview with Chuck Collins who is a senior scholar at the Institute for Policy Studies where he directs the Program on Inequality and the Common Good. He is co-author of "The Moral Measure of the Economy" and with Bill Gates Sr. of "Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes.
Collins recently wrote the piece "Pay Up, Corporate Tax Dodgers," which states: "Instead of cutting state and federal budgets, the United States should crack down on the corporate tax dodgers thumbing their noses at us." He writes of several well known corporations who pay little or underpay their federal taxes. The companies he writes about include Exxon Mobil, Pfizer, Apple, Boeing and Bank of America.