When I first read the AP headline: “”, I admitted to being taken aback (see link below). That is, until I read the story and came to the conclusion that headlines are frequently misleading. Frequently, they serve as a means to an end of “scraping eyeballs” toward a particular story line. In this case, if all you read is the headline, you will come to the conclusion that “corporations are not paying their fair share” and other such nonsense. In reality, corporations don’t pay taxes, shareholders and people do. Moreover, many business entities today operate on a “pass-through” basis, meaning that they pass through any profits that may exist directly to the owner(s) personal tax bracket and return. So technically, the “business entity” doesn’t pay taxes in addition to the owners. The tax man is only getting one bite (and a very large one at that) of the profit apple. Which is the way it ought to be. The AP can be excused for not possessing extensive knowledge of tax policy, who does? They can’t be forgiven however, for not giving both sides of the story. The Tax Foundation is one such source as is Americans for Tax Reform.