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What coporations pay in taxes; Cuts at American Airlines; Office rents in Beijing; Former banker loses his knighthood; Amazon's new business plan

What coporations pay in taxes

Corporations are paying the lowest level of taxes in four decades. Last year companies paid taxes of just 12.1 percent on their U.S. profits, the lowest share since at least 1972 and far lower than the 25.6 percent they paid on average from 1987 to 2008.

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