Our Bailed-out Corporations still using Tax Havens
January 16, 2009
From The Washington Post:
The new Government Accountability Office (GAO) report, released today by Sens. Byron L. Dorgan (D-N.D.) and Carl M. Levin (D-Mich.), lists Citigroup and Morgan Stanley as having set up hundreds of tax haven subsidiaries, along with American International Group and Bank of America. Also in the tax-haven list are well-known companies and such federal contractors as American Express, Pepsi and Caterpillar.
Our Invertebrate Elected Representatives cannot stop this? Even after they deliver funds on the silver platter? Get real!!
