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High-Ability Managers Save Their Shareholders Millions in Corporate Income Taxes

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The Huffington Post
An article by Allison Koester: Each year, the majority of public companies in the United States pay 20 to 40 percent of pretax income to the government in the form of income taxes. Since every dollar of taxes paid is a dollar that cannot be reinvested within an organization, paying taxes could be considered an inefficient utilization of resources.