Apr 28, 2014
Up to 150 billion dollars is lost from corporations in tax revenues every year. Corporations pretend they have moved their headquarters out of the U.S., even though their business activities continue here. In one of the worst examples, 18,000 U.S. corporations claim to have headquarters in the Cayman Islands – in one building. That’s how they get away with paying no taxes.
That 150 billion dollars lost is enough money to provide FREE college tuition for every student currently at two-year and four-year state-run colleges and universities in the U.S.!