I was thinking of big finance in particular, which is probably better at
using the Grand Cayman Islands & other exotic spots.


Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901
www.michaelperelman.wordpress.com

-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] On Behalf Of Bill O'Connor
Sent: Friday, September 26, 2008 9:42 PM
To: Progressive Economics
Subject: Re: [Pen-l] Question: Taxpayers and the Bailout

michael perelman <[EMAIL PROTECTED]> writes:

> Since much of the rhetoric is about taxpayers, does anyone have an
> idea how successful the financial giants are in avoiding taxes?

65% is a number I've seen quoted often for corporations that pay no
taxes at all.
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