Granted, it wouldn't make sense if they had to give their $10B bailout gift right back to Uncle Sam come April, but for Goldman to go from paying $6B in taxes last year to $14M this year (that's a drop in tax rate from 34% to 1%, for those keeping score at home) is a little suspicious. Hell, even tax lawyers think so.
Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts
Tuesday, December 16, 2008
Goldman Sachs paying a 1% tax rate is marbles
Granted, it wouldn't make sense if they had to give their $10B bailout gift right back to Uncle Sam come April, but for Goldman to go from paying $6B in taxes last year to $14M this year (that's a drop in tax rate from 34% to 1%, for those keeping score at home) is a little suspicious. Hell, even tax lawyers think so.
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