The Vanishing Corporate Tax Payer


Check out this report from The Commonwealth Institute For Fiscal Analysis: The Vanishing Corporate Tax Payer:  http://thehalfsheet.org/post/55002106091/the-vanishing-corporate-tax-payer#sthash.Rdvgwl2N.dpuf

Snippets:

“Some of the biggest, most profitable, multi-state corporations avoid paying up. That may be good for their shareholders, but it leaves the rest of us – including other businesses — to shoulder more of the responsibility and hurts Virginia’s ability to invest in our economy and future.”

“The proportion of corporations in Virginia that don’t owe any taxes is increasing — despite record profits.”

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