US corporations hide $1.4 TRILLION in tax havens


 

RT America | April 25, 2016

Anti-poverty charity Oxfam released a new report entitled, Broken at the Top, which asserts that the US’s top 50 corporations have stashed $1.4 trillion in offshore tax havens to avoid paying taxes. Worse, the report asserts that, in the same time period, those same corporations actually received $11 trillion in federal loans, bailouts, and loan guarantees – from the rest of America’s taxpayers. The Resident discusses. Follow The Resident at http://www.twitter.com/TheResident

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