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RE: 'What's an "American" corporation?' [Village News, Opinion, 4/26/07]


Last updated 5/10/2007 at Noon

In her letter, Anna Monday asks, “Do ‘our’ (American) corporations contribute to the national wealth?” She went on to state: “If they pay taxes at all, they pay at a lower rate than do individuals. Many even incorporate offshore to avoid taxes.” Aha, I thought; at last, something useful to do with the corporate annual reports that pile up on my den table at this time of year: I can use them to answer Anna’s question. So I selected the top six off of the pile and here is what I found:

All six corporations are incorporated in Delaware and have their headquarters in the US. All...

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