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10 Most Egregious Tax Loopholes
http://www.riverfronttimes.com/2012-10-11/news/most-egregious-tax-loopholes-united-states/From 2008 to 2010 at least 30 Fortune 500 companies — including PepsiCo, Verizon, Wells Fargo and DuPont — paid more for lobbyists than they did in taxes. They collectively spent $476 million sucking up to Congress, buying protection for tax breaks, loopholes and special subsidies.
It didn't matter that these same 30 firms brought home a staggering $164 billion in profit during that three-year period. They not only managed to avoid paying taxes. They actually received $10.6 billion in rebates.
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