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Step Right Up and See Boeing’s Amazing Shrinking Tax Rate!
Last year, government contracting behemoth Boeing paid an effective tax rate of -1.4%. Yes, you read that correctly—negative 1.4%. According to a new report from the Center for Effective Government, one of America’s biggest corporations, with profits ranging from $1.6 to $5.9 billion over the last five years, found ways to whittle down its effective…