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MATH IS HARD
August 14, 2008
The Tax Policy Blog notes a correction in the AP story on the GAO report about non-taxpaying corporations:
The AP has issued a correction of the corporate taxation story we criticized yesterday. The story had erroneously claimed that 25% of U.S. corporations paying no income tax in 2005 met the GAO's definition of a "large" corporation. (The actual proportion was 0.28%).
Those decimal points are tricky.
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