Recently it has come out in the news that most corporations don't pay any income taxes. Most corporations, including the vast majority of foreign companies doing business in the United States, pay no income taxes, according to a Government Accountability Office report released Tuesday. To those of us that are educated on the nature of American Capitalism and economic theory, this is no surprise. Only the ignorant mass of U.S. Citizens, those outside of the five-percent club, are dumb enough to be 'shocked' or cynical enough to claim that it's common knowledge that corporations don't pay. “As most college freshmen learn in Economics 101, corporations do not pay taxes, people do. The burden of corporate taxation is ultimately borne by customers (through higher prices), stockholders (smaller dividends and capital gains), and employees (lower wages).” - Corporations Don’t Pay Taxes, People Do The problem is not that Corporations Pay No Taxes, it makes perfect economic s