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No Fooling - Corporations Evade TaxesMiller, John http://www.dollarsandsense.org/archives/2011/0511miller.htmlPublisher: Dollars & Sense, USA Date Written: 01/05/2011 Year Published: 2011 Resource Type: Article Cx Number: CX12715 Closing corporate loopholes so that corporate income tax revenues in the United States match the 3.4% of GDP collected on average by OECD corporate income taxes would add close to $200 billion to federal government revenuesmore than five times the $39 billion of devastating spending cuts just made in the federal budget in 2011. Returning the corporate income tax revenues to the 4.0% of GDP level of four decades ago would add close to $300 billion a year to government revenues. Subject Headings |