Wal-Mart's Bottomless Greed. Dodging Billions in taxes and trying to pay even less

http://www.alternet.org/corporate-accountability-and-workplace/wal-marts-bottomless-greed-dodging-billions-taxes-scheming?akid=12488.294211.oTfxAF&rd=1&src=newsletter1027393&t=2

There’s another reason why Wal-Mart is one of America’s greediest corporations: it won’t pay its fair share of taxes.
Wal-Mart Stores is America’s top-earning corporation. In 2013, its revenues were $473 billion, yet it only declared $16 billion in profits. While it has been reported that Americans subsidize Wal-Mart because their low-wage employees receive an estimated $6.2 billion annually in Food Stamps, Medicare and other anti-poverty benefits, what’s not widely known is that Wal-Mart has parked $21.4 billion in untaxed profits offshore and is currently lobbying to cut U.S. corporate tax rates.
“Wal-Mart’s offshore profits have doubled in recent years at the same time that its offshore investments flattened, suggesting that the company is piling up cash overseas to avoid paying U.S. taxes on the earnings,” a new report by Americans for Tax Fairness found. “Wal-Mart is working to reduce corporate tax rates and eliminate all taxation of foreign profits.”