GAO study shows U.S. companies that get taxpayer money owe $750 million in back taxes

The Government Accountability Office released a study that showed that some of the government contractors that got paid with taxpayer “stimulus” money, don’t pay taxes.

The GAO says 3,700 contractors who got stimulus money, owe back taxes.  That’s about 5% of the contractors that got the taxpayer money.  Some of the contractors that avoided paying taxes include construction companies and companies that specialize in social services.

While 5% may not seem like much, the GAO says that 5% owes $750 million in back taxes.