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2 posts tagged with taxes by amanda.
Displaying 1 through 2 of 2.

Enron Tax Evasion

Three-Volume report on Enron released today Among the findings: "Enron paid zero federal income taxes from 1996 to 1999, despite reporting $2.3 billion in net income during the period" (from the linked article); executives took "1.4 billion" in compensation packages (SFGate has a piece on that.); and myriad details about the complicated machinations involved to pull this off (Mercury News). I am among the outraged though, frankly, I feel like they were just taking advantage of the system as it is was in place. If the economy hadn't tanked, this stuff might never have come out.
posted by amanda on Feb 14, 2003 - 5 comments

McDermott owed back taxes

McDermott owed back taxes Mix one unstable man with a love of ammo. Add in government intervention (which means loss of control). Pile on some kids from HR and you've got a massacre.
posted by amanda on Dec 27, 2000 - 74 comments

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