if I am correct. then Walmart, and many other global corporations send their money to overseas concerns so they won't be taxed.
im thinking of the cayman islands, where many large corps, have set up accounts to avoid taxes.
can anyone explain to me why this is not illegal? I haven't heard of any politician in Washington explain this situation.
Loopholes are written into tax codes, and businesses smartly exploit every existing one.
Dangerous question, Binnie.
There are polarizing figures in the media that keep us distracted and finger pointing and name calling while these types of questions don't get addressed.
