The cheating of America

"Each year millions of income-earning adults and corporations do not pay their fair share of federal income taxes - whether legally (tax avoidance), illegally (tax evasion), or through shady means (tax "evasion"), and their numbers are rising dramatically. In this book, Charles Lewis, founder and executive director of the Center for Public Integrity, and Bill Allison, a former researcher at the Philadelphia Inquirer finger these culprits.". "With The Cheating of America, Lewis and Allison aim to unmask those who are stiffing Uncle Sam, as well as the system that permits their activities. They reveal how blue-chip U.S. corporations take advantage of dubious shelters or move their taxable profits offshore. Frequently these same companies have also availed themselves of cheaper labor overseas, laying off thousands of American workers. Some estimates show that more than a trillion dollars are salted away in offshore bank accounts, beyond the reach of the Internal Revenue Service." "With investigative revelations and the authority of the Center for Public Integrity behind it, The Cheating of America will further educate all those who "pay their fair share" while the financial elite dodge their responsibility to society."--BOOK JACKET.