Most companies in US avoid federal income taxes
Key Excerpts from Article on Website of Business Week/Associated Press
Most companies in US avoid federal income taxes
Business Week/Associated Press, August 12, 2008
Posted: 2008-08-17 08:53:33
Unlike the rest of us, most U.S. corporations and foreign companies doing business in the United States pay no federal income tax, according to a new report from Congress. The study by the Government Accountability Office ... said two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, and about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes over the same period. Collectively, the companies reported trillions of dollars in sales, according to GAO's estimate. "It's shameful that so many corporations make big profits and pay nothing to support our country," said Sen. Byron Dorgan, D-N.D., who asked for the GAO study. The GAO study did not investigate why corporations weren't paying federal income taxes or corporate taxes and it did not identify any corporations by name. More than 38,000 foreign corporations had no tax liability in 2005 and 1.2 million U.S. companies paid no income tax, the GAO said. Combined, the companies had $2.5 trillion in sales. About 25 percent of the U.S. corporations not paying corporate taxes were considered large corporations, meaning they had at least $250 million in assets or $50 million in receipts. The GAO said it analyzed data from the Internal Revenue Service, examining samples of corporate returns for the years 1998 through 2005. For 2005, for example, it reviewed 110,003 tax returns from among more than 1.2 million corporations doing business in the U.S. "It's time for the big corporations to pay their fair share," Dorgan said.
Note: For many revealing reports on corporate corruption from reliable, verifiable sources, click here.
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U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban émigrés, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba's ... Fidel Castro. America's top military brass even contemplated causing U.S. military casualties, writing: "We could blow up a U.S. ship in Guantanamo Bay and blame Cuba," and, "casualty lists in U.S. newspapers would cause a helpful wave of national indignation." The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy's defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years. The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba. Should the rocket explode and kill Glenn, they wrote, "the objective is to provide irrevocable proof … that the fault lies with the Communists." The scary thing is none of this stuff comes out until 40 years after.
Note: Why was ABC the only major news source to report on this highly revealing story? Read the shocking declassified documents on Operation Northwoods. Many military and political leaders look at the world as a grand chessboard. Sacrificing pawns (innocent civilians) is sometimes necessary to capture the queen. Explore revealing news articles on military corruption. Then check out eye-opening 9/11 news articles.
Former U.S. Air Force Officers Recount Experiences With UFOs at Nuclear Missile Bases
2010-10-27, ABC News
The U.S. government's official line may be that unidentified flying objects (UFOs) don't pose a national security threat, but a group of former Air Force officers gathered Monday in the nation's capital to tell a different story. During a press conference at the National Press Club in Washington, D.C., seven former Air Force officers once stationed at nuclear bases around the country said that not only have UFOs visited Air Force bases, some have succeeded in disabling nuclear missiles stationed there. "I want the government to acknowledge that this phenomenon exists," said Robert Salas, a former U.S. Air Force Nuclear Launch Officer. Salas said he doesn't think the UFOs he claims to have encountered had any offensive intent, but he believes they wanted to leave an impression. "They wanted to shine a light on our nuclear weapons and just send us a message," he said. "My interpretation is the message is get rid of them because it's going to mean our destruction." Other former officers recounted similar stories of unexplained moving lights and odd-shaped flying objects during their time in the service. Leslie Kean, an investigative journalist and author of the new book "UFOs: Generals, Pilots, and Government Officials Go on the Record," said thousands of pages of documentation support the officers' accounts. She spent the last 10 years researching UFOs and combing through thousands of pages of declassified government material. Kean said that one declassified document that she researched for her book, relating to the Salas incident, said, "the fact that no apparent reason for the loss of the 10 missiles can easily be identified is a cause for grave concern to this headquarters."
Note: Watch CNN coverage of this most fascinating testimony. This is not the first time government and military witnesses have testified at the National Press Club about a major cover-up of UFOs. Watch 22 witnesses testifying to remarkable personal stories in May 2001. A two-page written summary presents amazing UFO testimony from top officials. And don't miss these fascinating news articles on UFOs. What may be the best UFO documentary ever made, Out of the Blue, is also available for free viewing.
Inside the secretive Bilderberg Group
2005-09-29, BBC News
How much influence do private networks of the rich and powerful have on government policies and international relations? One group, the Bilderberg, has often attracted speculation that it forms a shadowy global government. Every year since 1954 [they have brought] together about 120 leading business people and politicians. At this year's meeting in Germany, the audience included the heads of the World Bank and European Central Bank, Chairmen or Chief Executives from Nokia, BP, Unilever, DaimlerChrysler and Pepsi ... editors from five major newspapers, members of parliament, ministers, European commissioners ... and the queen of the Netherlands. The chairman ... is 73-year-old Viscount Etienne Davignon. In an extremely rare interview, he played down the importance of Bilderberg. "I don't think (we are) a global ruling class because I don't think a global ruling class exists." Will Hutton ... who attended a Bilderberg meeting in 1997, says people take part in these networks in order to influence the way the world works, to create what he calls "the international common sense". And that "common sense" is one which supports the interests of Bilderberg's main participants. For Bilderberg's critics the fact that there is almost no publicity about the annual meetings is proof that they are up to no good. Bilderberg meetings often feature future political leaders shortly before they become household names. Bill Clinton went in 1991 while still governor of Arkansas, Tony Blair was there two years later while still an opposition MP. All the recent presidents of the European Commission attended Bilderberg meetings before they were appointed. Informal and private networks like Bilderberg have helped to oil the wheels of global politics and globalisation for the past half a century.
Note: Why is this meeting of top world leaders kept so secret? Why, until a few years ago, was there virtually no reporting on this influential group in the major media? Thankfully, the alternative media has had some good articles. And a Google search can be highly informative. Explore many other revealing major media news articles on powerful secret societies. And for those interested, check out reliable, eye-opening information covering the big picture of how and why these secret societies are using government-sponsored mind control programs to achieve their agenda.
The above three are excerpts from the 20 most revealing news articles ever published.
Below is a sample of the three articles most recently posted to this website.
Australian commission: Military cadets raped as initiation
Teenage recruits were raped by staff and forced to rape each other as part of initiation practices in the Australian military going back to 1960, a public inquiry heard on Tuesday. The Royal Commission into Institutional Responses to Child Sex Abuse is hearing evidence from men and women who say they were sexually abused when they were as young as 15, in certain divisions of the Australian defense force. This commission is focusing on alleged abuse at the naval training center HMAS Leeuwin in Western Australia and the army apprentice school Balcombe in Victoria during the 1960s, '70s and '80s and also among cadets with the Australian defense force since 2000. In total, 111 victims came forward to report abuse. More than a dozen of them will give evidence to the inquiry. "On multiple occasions, I was snatched from my bed in the middle of the night by older recruits and dragged to a sports oval," said one male witness who wasn't named. The witness said he was forced to rape other recruits, and was raped himself by older recruits and staff. "The environment made it useless to resist," he said. "One could stand only so much abuse before realizing that saying 'no' was pointless." Many survivors say that when they reported the abuse, they were ignored, punished, or told it was "a rite of passage" in their initiation period. The inquiry also will hear evidence from former and current staff members, and examine the handling of complaints and the responses to claims for compensation.
Note: Watch videos providing powerful evidence rape has also been used to initiate future officers in the US Marine Corps. Watch an excellent segment by Australia's "60-Minutes" team "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this topic in the US. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
Even $20 meals can sway doctors, study finds
2016-06-20, San Francisco Chronicle (San Francisco's leading newspaper)
Physician influence can be bought for as little as a $20 meal, UCSF researchers have found. A study published Monday in JAMA Internal Medicine ... found that doctors who received just one meal averaging $20 were up to twice as likely to prescribe brand-name drugs being promoted than doctors who did not receive any free food. Gifts from pharmaceutical companies to doctors ... have come under scrutiny in recent years for concerns that the money spent by drugmakers directly influences what physicians write on their prescriptions pads. Some doctors deny they’re influenced by money, but a growing number of studies show that financial ties can affect their professional behavior. The UCSF researchers looked at ... the routine briefings many doctors and their staff receive from drug reps during lunches in their offices. The study found that the effect increased as doctors got more meals. Those who received multiple meals were up to three times as likely to prescribe the promoted brand-name drug. Higher-cost meals were associated with greater influence. Doctors who received four or more meals to promote Allergan’s Bystolic to treat hypertension prescribed the drug at 5.4 times the rate of physicians who received no meals. For Pfizer’s depression drug Pristiq, that rate was 3.4 times higher. UCSF researchers said that their studies show the buying power of drug makers decreases the use of cheaper, generic drugs and raises costs for patients as well as the health care system.
Note: For more along these lines, see concise summaries of deeply revealing big Pharma profiteering news articles from reliable major media sources.
Security Firm Moved Mateen After Al Qaeda Boast, But Didn't Fire Him
2016-06-15, NBC News
The security firm that employed Orlando shooter Omar Mateen concluded that allegations about his inflammatory comments while an armed guard in 2013 were serious enough to transfer him to an unarmed position. But the company, G4S Secure Solutions USA Inc., dropped the matter [and] did not take away his company-issued service weapon. That decision, coupled with the fact that Mateen underwent three separate inquiries by the FBI in 2013 and 2014, raises questions about whether G4S - the U.S. subsidiary of one of the world's largest security firms - properly vetted Mateen in the years before Sunday's mass shooting at the Pulse nightclub. Former G4S security guard Daniel Gilroy ... complained repeatedly about Mateen to supervisors at G4S. They ignored his concerns. Ultimately, Gilroy said, he quit rather than have to face Mateen, who he said threatened him. [A company official] said G4S has so far found no evidence of any other employees making complaints about Mateen, including those who worked at the St. Lucie County Courthouse with him in 2013. FBI Director James Comey said earlier this week that colleagues said Mateen claimed to have family connections to terror groups al Qaeda and Hezbollah, and that he hoped law enforcement would raid his home "so he could martyr himself." Those remarks prompted courthouse officials to request Mateen's immediate removal from the St. Lucie County Courthouse, and to make "the appropriate notifications to inform our federal partners," including the FBI.
The above three are excerpts from the news stories most recently posted to this website.
Explore our index to revealing excerpts of news articles on several dozen topics.
Don't miss amazing excerpts from the 20 most revealing news articles ever published.