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  • Great video, it sucks that Bank of America has not paid any federal income taxes in 2 years at least, and yet has made billions in profits. Under U.S. law, Bank of America has been able to save on taxes by keeping profits made in foreign operations invested abroad. In its annual report, the bank said it had $17.9 billion in earnings parked overseas at the end of 2010. Returning that amount to the U.S. would have incurred $2.6 billion in taxes, the report said. Call your Senators!!!

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