From 2001 to 2003, American companies such as Toys "R" Us avoided paying state income taxes on nearly two-thirds of their U.S. profits, resulting in a cost to state governments of $42 billion.

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American companies, including Toys "R" Us, used tax strategies to minimize state income taxes, leading to significant revenue losses for state governments during that period.

From 2001 to 2003, American Companies Such as Toys "R