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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
http://www.businessweek.com/ap/financialnews/D92GQ1982.htm

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.


Explore our index to revealing excerpts of key news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.

Below is a sample of just three of those 20 articles.


U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
http://abcnews.go.com/US/story?id=92662

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
http://abcnews.go.com/Technology/airmen-govt-clean-ufos/story?id=11738715

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
http://news.bbc.co.uk/1/hi/world/americas/4290944.stm

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.


Senate OKs bill to let 9/11 families sue Saudi Arabia
2016-05-17, CNN
http://www.cnn.com/2016/05/17/politics/senate-9-11-saudi-arabia-bill/

The Senate approved a bill Tuesday to allow victims and families of the 9/11 attacks to sue Saudi Arabia for its alleged involvement in the terrorist strikes. The bill, which the White House opposes ... had stalled for months. It now heads to the House. In the end, the bill's authors - John Cornyn of Texas, the second ranking Senate Republican, and Chuck Schumer of New York, the third-ranking Senate Democrat - were able to pass the bill on a voice vote, a rare feat in the divided chamber. White House press secretary Josh Earnest renewed the threat that President Barack Obama will veto the bill. The White House and State Department say the bill could have dramatic ramifications. "This legislation would change long standing international law regarding sovereign immunity. The President ... continues to harbor serious concerns that this legislation would make the United States vulnerable in other court systems around the world," Earnest said. The bill would prevent Saudi Arabia and other countries alleged to have terrorist ties from invoking their sovereign immunity in federal court. Saudi Arabia has long denied any role in the 9/11 attacks, but victims' families have repeatedly sought to bring the matter to court, only to be rebuffed after the country has invoked legal immunity allowed under current law. In March, Saudi Foreign Minister Adel al-Jubeir warned lawmakers that it would sell $750 billion in U.S. assets ... should the bill become law.

Note: Saudi Arabia's influential charm offensive and its $750 billion threat have not stopped this legislation from moving forward. Read more on the Saudi role in Sept. 11 and the hidden 9/11 report pages. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.


9/11 commission member: Saudi officials helped al Qaeda
2016-05-12, CNN
http://www.cnn.com/2016/05/12/politics/9-11-commission-lehman-saudis-al-qaeda/

John Lehman, a member of the 9/11 commission, told CNN Thursday that the classified 28 pages of a congressional investigatory report into the attacks contains evidence that as many as six Saudi officials supported al Qaeda in the run-up to the attacks. Those individuals, he said, worked for the Saudi Embassy in the U.S., Saudi charities and [a] Saudi government-funded ... mosque. Lehman charged that evidence of Saudi involvement was never sufficiently investigated. The individuals had hard ties to the government and hard ties to the hijackers, with one driving the hijackers from San Diego to Phoenix when they failed out of their first flight school. Other commission members, including former federal prosecutor Richard Ben-Veniste, are echoing Lehman's call. Lehman urged the declassification of the 28 pages of the 9/11 Commission Report, part of a congressional panel investigating intelligence failures related to the 9/11 attacks. His statements that as many as six officials were implicated appear to contrast with comments made by other members of the commission. The commission's chair and vice chairs, former Republican New Jersey Gov. Tom Kean and former Democratic Rep. Lee Hamilton of Indiana, released a statement in April saying that "only one employee of the Saudi government was implicated in the plot investigation."

Note: Read more on the Saudi role in Sept. 11 and the hidden 9/11 report pages. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.


Saudi officials were 'supporting' 9/11 hijackers, commission member says
2016-05-12, The Guardian (One of the UK's leading newspapers)
http://www.theguardian.com/us-news/2016/may/12/911-commission-saudi-arabia-hi...

Saudi government employees were part of a support network for the 9/11 hijackers. The Obama administration should move quickly to declassify a long-secret congressional report on Saudi ties to the 2001 terrorist attack, [said former 9/11 commission member John Lehman]. The comments ... signal the first serious public split among the 10 commissioners since they issued a 2004 final report that was largely read as an exoneration of Saudi Arabia, which was home to 15 of the 19 hijackers on 9/11. The former chairman and vice-chairman of the commission [have] urged the Obama administration to be cautious about releasing the full congressional report on the Saudis and 9/11 – “the 28 pages”, as they are widely known in Washington. In fact, there were repeated showdowns, especially over the Saudis, between the staff and the commission’s hard-charging executive director ... Philip Zelikow. Zelikow fired a staffer, who had repeatedly protested over limitations on the Saudi investigation, after she obtained a copy of the 28 pages outside of official channels. Other staffers described an angry scene late one night, near the end of the investigation, when two investigators who focused on the Saudi allegations were forced to rush back to the commission’s offices after midnight after learning to their astonishment that some of the most compelling evidence about a Saudi tie to 9/11 was being edited out of the report.

Note: Zelikow's close ties to the Bush White House are among many problems with the official 9/11 Commission Report. Read more on the Saudi role in Sept. 11 and the hidden 9/11 report pages. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.


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.