US Corporations Hide $1.4 TRILLION In Tax Havens

Source: RT
April 26, 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.