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URL:  http://boards.fool.com/finally-to-really-drive-this-point-home-do-30445863.aspx

Subject:  Re: An interesting Fiscal Cliff observation Date:  12/21/2012  12:46 PM
Author:  patchdodd Number:  411923 of 457445

...Finally, to really drive this point home — do you know how much the loopholes, subsidies, and targeted tax tricks for the 5,000 largest businesses in this country costs us in the deficit each year? More than $1.5 trilion.

~

I don't have any idea how much of Cody Willard's above comment represents hyperbole or exaggeration.


All of it. Total corporate profit in the US ~ $1.5T/year.
http://www.nytimes.com/2010/11/24/business/economy/24econ.ht...
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