This is annoying to say the least:
More than 38,000 foreign corporations had no tax liability in 2005 and 1.2 million U.S. companies, or 66.7 percent of them, paid no income tax, the GAO said. Combined, the companies had $2.5 trillion in sales. About 25 percent of large U.S. corporations – those with at least $250 million in assets or $50 million in receipts – did not pay corporate taxes.
The GAO said it analyzed data from the Internal Revenue Service, examining samples of corporate returns for the years 1998 through 2005. For 2005, for example, it reviewed 110,003 tax returns from among more than 1.2 million corporations doing business in the U.S.
Of course this has been the case for awhile and being reminded of it now probably won’t change anything, but there’s always the hope that it’ll annoy enough people to maybe get a few laws changed. Imagine how well the economy would be doing if the tax burden wasn’t solely carried by citizens.