Write For Us

Billions In Taxes Dodged By Caterpillar

E-Commerce Solutions SEO Solutions Marketing Solutions
362 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

Danielle
Published
SUPPORT the 28th Amendment to #GetMoneyOut .

CLICK here to support Wolf PAC:

"Caterpillar avoided $2.4 billion in taxes thanks to a reorganization that housed its most profitable business in Switzerland, according to a Senate report.
While the report, from the Senate Permanent subcommittee on Investigations, said Caterpillar had done nothing illegal, it criticized the manufacturing giant for trying to avoid paying U.S. taxes.

"Caterpillar is an American success story that produces tremendous industrial machines," Sen. Carl Levin (D-Mich.), the head of the investigatory panel, said Monday."* The Young Turks host Cenk Uygur breaks it down.

*Read more here from Peter Schroeder / The Hill:
Category
Social
Be the first to comment