Citigroup's "Massive" Tax Break
Written by: Timothy McFarlin | Publish date: December 16th, 2009
Citigroup will be allowed to retain billions of dollars worth of tax breaks
Citigroup will be allowed to retain billions of dollars worth of tax breaks
While the Obama administration has said taxpayers likely will profit from the sale of the Citigroup shares, accounting experts said the lost tax revenue could easily outstrip those profits.