Trek spokesman Eric Bjorling has defended the practice, saying that majority of businesses take advantage of the loophole. The news report noted that more than two-thirds of the 25 of the largest businesses in Wisconsin are not paying net income taxes.
Sounds like they are choosing the legal route that minimizes their tax burden. Which every business should do.
What does upset me is all the tax payer gifts they are getting.
And if they're getting them legally then shouldn't a prudent business take advantage of those too?