Word: westvaco
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Dates: during 1970-1979
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...federal income taxes. Speaking in New Castle, Pa., Muskie named "eight giant corporations" that "paid no federal income taxes in one of the last two years." They were: Aluminum Co. of America, Allied Chemical, Bethlehem Steel, National Steel, Republic Steel, Standard Oil of Ohio, U.S. Steel and Westvaco Corp. Officers of the firms disputed Muskie's charges, and it was hard to tell who was right. Under current tax-reporting requirements, outsiders-even presidential candidates-simply cannot find out how much a corporation actually pays in federal income taxes during a given year...
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