Tag Archive for bank of america

Gaming The System: The ‘Screw You’ Economics Of Corporate America

corporations

Do you have a penny in your pocket? Well, if you do, you have more money in your pocket than the income taxes paid by GE, Wells Fargo, Exxon-Mobil, Citibank, and Bank of America combined. That’s right, these corporations and many more like them do NOT pay taxes like real people do. Instead, these greedy, ultra rich corporations make billions in profit, exploit tax loopholes, and some even get subsidies from the government.