Federal Taxes

Caterpillar Defends Move To Avoid $2.4B In Federal TaxesCaterpillar Inc. executives defended a tax strategy Tuesday that has saved the Peoria-based manufacturing giant billions in U.S. taxes. They got support from Republican senators, including one who said the company deserves an award.
Failure In Congress Means Windfall For Airlines; Could Delay O'Hare ExpansionSome budget wrangling in Congress means a big windfall for U.S. airlines, but don’t expect the airlines to pass any of the savings on to you.