Reno Gazette Journal: Is America big enough to go big again?

A new study reports that at least 55 of the biggest corporations paid a goose egg in U.S. income taxes last year — zero, nada — despite hauling in billions in profits. As Sen. Bernie Sanders points out: “If you paid $120 for a pair of Nike Air Force 1 shoes, you paid more to Nike than it paid in federal income taxes over the past 3 years, while it made $4.1 billion in profits.” In those three years, Nike honcho Phil Knight worked the system to increase his personal wealth by $23 billion. Read more