“A final, interesting facet of the report – analyzing a recent development that’s been little discussed among advocates – was its dissection and critique of the company’s decision to become a ‘real estate investment trust’ (REIT) as essentially a tax dodge. Find below the jump a substantial excerpt (citations omitted) from the report explaining CCA’s REIT strategy and the implications for their business model, shareholders and taxpayers.”

http://gritsforbreakfast.blogspot.com/2013/07/private-prison-fundamentals-shifting.html

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