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Why it's so hard to digest this? GS is so successful and so hated for certain reasons, and that's one of them.


I do expect a Public Corporation to minimize their tax liability. I would have not been surprised if they minimized their effective tax from 35% to 25%, or even 15%. But going from 35% to 1% is rather surprising. I guess their Corporate Tax team got some real nice bonus for 2008.




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