Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Defense Contractors Owe Billions in Unpaid Taxes

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
brainshrub Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-04 03:16 PM
Original message
Defense Contractors Owe Billions in Unpaid Taxes
http://ap.tbo.com/ap/breaking/MGAZNFXKKQD.html

WASHINGTON (AP) - A total of $3 billion in unpaid taxes is owed by more than 27,000 defense contractors, according to government records reviewed by congressional investigators.

<snip>

They concluded the Pentagon should have made a dent in the billions owed by collecting at least $100 million in unpaid taxes that year. A 1997 law requires federal agencies to withhold 15 percent from payments to individuals or businesses with unpaid tax bills.

Since 1997, the Defense Department has collected only about $687,000.

<snip>
Printer Friendly | Permalink |  | Top
onebigbadwulf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-04 03:17 PM
Response to Original message
1. Don't worry your head about corporate wellfare...
those giant companies need their golden faucet jets.
Printer Friendly | Permalink |  | Top
 
JPace Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-04 03:35 PM
Response to Original message
2. They will get a private meeting with Dick Cheney....
and in a wink and a nod he will make
it all go away. But don't ask for any
records of who was at the meeting or
they will be tied up in court for years.
Printer Friendly | Permalink |  | Top
 
Karenina Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-04 08:46 PM
Response to Original message
3. In the famous words of
Gomer Pyle, "Surprise, surprise!" NOT.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 07:37 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC