Showing posts with label Kellog Brown and Root. Show all posts
Showing posts with label Kellog Brown and Root. Show all posts

Thursday, March 6, 2008

Cheney Helped KBR Dodge Taxes?


Photo from (of course): FOX "News"


For all the talk coming out of the far-right about Barack Obama being "unpatriotic," I think it might behoove them to point the finger in a different direction. If the details of this story are accurate, Dick Cheney has been up to some pretty un-American behavior. Surprised?

[Excerpt]

KBR Dodges $500 Million In Social Security And Medicare Taxes In Cheney-Backed Scheme

No private contractor has financially profited from the Iraq war more than Kellogg Brown & Root (KBR), which until last year was a subsidiary of Halliburton. The firm currently has more than 21,000 employees in Iraq, and between 2004 and 2006, received more than $16 billion in government contracts — far more than any other corporation.

Yet KBR hasn’t been passing on these enormous profits to American taxpayers or even its own employees, thanks to a plan that Vice President Cheney helped establish. . .

Read more at: Think Progress
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