Sunday, March 16, 2008

KBR (Kellogg Brown & Root) Scandal

It has come to light that KBR (formerly Kellogg Brown & Root) avoided paying hundreds of millions of dollars in Medicare and Social Security taxes by setting up shell companies in the Cayman Islands. KBR is the nation's top Iraq war contractor and until last year was a subsidiary of Dick Cheney's old company, Halliburton. The plot of greed and corruption gets thicker and thicker with this administration doesn't it? I wonder if the feds will bother to prosecute KBR or maybe the right officials and judges can be bought off to just just sweep it under the rug, along with everything else.

You can read more about it here in this Boston Globe article:

Top Iraq Contractor Skirts US Taxes Offshore


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