Monday :: Mar 7, 2011

Open Thread

by Mary

David Cay Johnston reported last week that Oregon utility rate payers are once again getting charged for taxes that are not being paid to any government. One of the discoveries during the Enron scandal was the hundreds of millions of tax dollars collected from the rate payers were never being paid to the state nor federal government. And although the laws were changed in 2005 to prevent this from happening again, it seems if a utility is part of a large multinational corporation, then the corporation can exploit a loophole to keep more of the money paid by the rate payers as taxes. Amazing how multinational corporations can get away with such blatant stealing of our money - including our tax dollars.

Mary :: 12:00 AM :: Comments (4) :: Digg It!