...that if the press spent just as much time on stories like this as they spend on, say, American Idol, we'd be living in a very different kind of place.
The Government Accountability Office (GAO), Congress' investigative watchdog, has found that "a majority of America's largest publicly traded companies and the U.S. government's largest federal contractors use multiple subsidiaries in offshore tax havens to conduct business and avoid paying U.S. taxes," writes Carol D. Leonnig for The Washington Post.
The culprits include some corporate giants who are receiving countless millions in bailout money, Leonnig notes.
[From The Raw Story | Shocking: Offshore tax havens of the US corporate elite]
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