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Boeing said its 2013 global tax bill was $1.6 billion, though all but $5 million was deferred due to development and production investments.
Both automakers Ford and General Motors said their current U.S. tax bills are reduced by tax loss carry forwards stemming from severe losses suffered a few years ago.
JPMorgan Chase declined to comment.
This seems like a very strange comparison to make. Is there any reason that these two numbers should be intrinsically related?
It serves to illustrate how large a percentage of a corporations profits go into executive pay.