"These 280 corporations received a total of nearly $223 billion in tax subsidies," says Robert McIntyre, director at Citizens for Tax Justice and the report's lead author, in a statement. "This is wasted money that could have gone to protect Medicare, create jobs and cut the deficit."
"Our study provides proof that too many corporations are already being coddled by our tax system," he adds.
All of the companies monitored by the study were big ones -- each was included in the Fortune 500, the largest, most profitable companies in the U.S. The data show that, by and large, America's largest companies pay a lower tax rate than the secretaries, customer service reps and line workers the companies employ.
Here's a breakdown from the Citizens for Tax Justice Web site:
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