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Article: The Tax Man Goeth: Sound bytes; In the Cross Hairs: Policy news; Apple's New Campaign: Advertisement news; Drooping Eyeballs: Media news.(Web Exclusive)
- Article from:
- U.S. News & World Report
- Article date:
- August 14, 2002
CopyrightCOPYRIGHT 2002 All rights reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Tax Man Goeth: Sound bytes
"If you're going to tax income at all, you have to include corporate income. Otherwise, large amounts of income would escape any tax."
-- Robert McIntyre, director of the liberal Citizens for Tax Justice
"Firms have apparently been finding more-sophisticated opportunities to avoid or evade corporate taxes."
-- Harvard Business School Prof. Mihir Desai
OK, they've inflated profits, padded their paychecks, and stiffed the Treasury by labeling a mail drop in an offshore tax haven as a company's home. So now we're supposed to give corporations a pass on paying income tax? One day, firms might not ...