How do companies like Wachovia get away without paying taxes ???

Answer 1

I am unfamiliar with what you are referring to with Wachovia.

Mutual Insurance companies are handled differently though. They are more like a co-op, where profits are dispersed between the share holders through lower insurance prices.

Also, you only have to pay taxes if you make money. Trust me on this. My company had a hard year last year, and actually lost money.

Answer 2

everyone from santa clause to sports stars use charities