what percentage of US corps pay no taxes?

From: Warble606 (warble606_at_yahoo.com)
Date: 09/22/04


Date: 21 Sep 2004 19:44:00 -0700

Hi all,

I've often heard that many US corporations have relocated
their headquarters to mailboxes in Bermuda or the Caymans
in order to avoid paying taxes, but I've never seen hard
numbers. I *do* know that of the approx $2 trillion that
the IRS brought in in 2003, only 10% was from corporations,
which is very suspicious, I would say.

Anybody got the numbers?

Thanks in advance.


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