Your Tax Dollars at Work

Did you know that many big box retailers, like Wal-Mart and Target, have deals with local communities to keep the sales tax you're charged when you shop at their stores? Or that large public utilities collect taxes but scarcely pay them? For example, a utility in Portland, Oregon collected $900 million in taxes over ten years but paid less than $1 million. It's all legal, but journalist David Cay Johnston says it's time to change that. Part of his advice: invade the Cayman Islands to close down tax havens there!