18 December 2008

Not Enough Bullets, Tax Cheat Edition

Well, it looks like through creative use of offshoring revenues, Goldman Sachs’s tax rate has dropped to 1%, while those of us paying 10%, 15%, 25%, 28%, 33%, and 35% in taxes have already had some of that money handed to them.

As Representative Lloyd Doggett (D-TX) notes, "With the right hand out begging for bailout money, the left is hiding it offshore."

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