PBS News Hour: Corporations Go Overseas to Avoid U.S. Taxes
media mentionPATRICIA SABGA: From the White House to Capitol Hill, Republicans are determined to lower the 35 percent corporate tax rate — the highest of any developed economy.
Matt Gardner is a Senior Fellow with the Institute on Taxation and Economic Policy, a liberal, Washington-based think tank.
MATT GARDNER: The biggest, most profitable corporations are now finding it almost routine to escape paying the 35 percent tax. In some cases, they’re easily finding ways to avoid paying any income tax at all. Read more