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Correction to Chevron Tax Post

Posted by in People Power, Not Corporate Power, World News & Events on 18th March, 2011 | No Comments

A blog briefly appeared here today which incorrectly reported Chevron’s 2010 federal income taxes to be $13,000. The blog was based on an ERROR in Chevron’s 10K SEC report. While numerous studies have clearly documented for years that the majority of U.S. corporations pay NO income taxes (see this often-cited GAO study from 2008 reported […]