Dorgan Grabs His Pitchfork!  August 12, 2008 RSS Feed Print   •
Comment (1)  A new study from Congress indicates that two-thirds
of corporations doing business in the United States did not pay
taxes from 1998 to 2005. This has Sen. Byron Dorgan (D-N.D.) in
a tizzy.  "It's shameful that so many corporations make big
profits and pay nothing to support our country," Dorgan vented.
"The tax system that allows this wholesale tax avoidance is an
embarrassment and unfair to hard-working Americans who pay their
fair share of taxes. We need to plug these tax loopholes and put
these corporations back on the tax rolls." He added: "It's time
for the big corporations to pay their fair share."  This is
fine, rabble-rousing stuff that has almost nothing to do with
the study.  The Government Accounting Office explicitly states
that its research did not conclude why taxes weren't paid.
Perhaps it's because the U.S. economy has taken some heavy
beatings since 2001 and businesses aren't doing so well.
Perhaps, too, it's because