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Offshore Tax Dodging Blows a $843 Million Hole in Missouri Budget

Tax & budget

Offshore Tax Dodging Blows a $843 Million Hole in Missouri Budget

With Missouri in the midst of a budget crisis, MoPIRG Foundation, joined by small business owners, released a new study revealing that Missouri lost $843 Million due to offshore tax dodging in 2012. Many of America’s wealthiest individuals and largest corporations, use tax loopholes to shift profits made in America to offshore tax havens, where they pay little to no taxes.

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