The cost of US tax subsidies to big business ? $365 billion

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The Tax Justice Network blog has a great review of the evidence given by veteran US tax justice campaigner Bob McIntyre - the man credited more than any ther with Reagan's 1986 tax reforms - to the Senate Budget Committee on the need for US tax reforms.

It's long.

It's well worth reading.

And as Bob makes clear - the cost of corporates having their noses in the trough is not less than $365 billion a year.

And you wonder why there's a US deficit?