It was an Arizona newspaper headline that said it, “CEOs see schools as a key weakness,” but unique as this state is in its stand alone nature, particularly with guns everywhere, I think the issue might apply nationwide. Corporations want our schools to train the people they will eventually hire, but they don’t want to spend one penny to support this education. I don’t mean with direct donations to the schools; I am talking about them simply not paying their federal taxes.
Here is a chart of corporations that do not pay any taxes broken down by the S&P companies and Fortune 500 companies. Included are corporations like Goodyear Tire & Rubber Co. and Royal Caribbean Cruises Ltd. Americans for Tax Fairness says, ” Tax avoidance through offshore tax loopholes is a significant reason why corporations, which paid one-third of federal revenues 60 years ago, now pay one-tenth of federal revenues.