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Federal Taxes

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Caterpillar Defends Move To Avoid $2.4B In Federal Taxes

Caterpillar 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.

04/01/2014

United Airlines at O'Hare (ORD) Airport

Failure In Congress Means Windfall For Airlines; Could Delay O’Hare Expansion

Some 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.

CBS Chicago–07/26/2011