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November 26, 2015
Truthdig: Drilling Beneath the Headlines
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By Sharon Waxman

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Tag: Corporate Tax Handouts

Flickr/Andrew Feinberg

How Facebook Made a Billion Dollars, Paid No Taxes and Expects a Huge Refund

Despite making $1.1 billion after going public last year, Facebook didn’t pay a dime in state or federal income taxes in 2012. Instead, thanks to the social media company’s use of a single tax break, it anticipates getting a massive refund from the government totaling $429 million.

Posted on Feb 17, 2013 READ MORE

Sanders Wants to End Corporate Tax Handouts, O’Reilly Makes Big Error, and More

A look at the day’s political happenings, including GOP infighting involving Karl Rove and the latest Republican-led assault on women’s rights.

Posted on Feb 7, 2013 READ MORE

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