Being a retiree of Corporate America I can attest to the vulgarities companies practice to avoid paying their fair share of taxes that every Mom and Pop company have to pay. I will give you one disgusting example we did, which was legal.

 

We manufactured a powdered product sold in the U.S. in 50 lb bags to industrial customers. To ship that product out of the U.S. we added water to it so we could claim that it was not a "finished" product, therefore we avoided paying taxes on it. We had facilities in other nations that dried it, then sold it. Our margins were better on the export material even after we paid transportation costs.

 

Oh, by the way, we saved $250 million in taxes on this single product. My company produced over 1300 different products. Do the math.

 

Regards..........................the Chiefjag

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