To the Editor:

Two facts not mentioned in “Where Pay for Chiefs Outstrips U.S. Taxes” (Business Day, Aug. 31): Verizon’s tax payments in 2010 totaled $ 430 million, and its total tax bill for 2010 was $ 2.5 billion, including $ 2.2 billion in federal income taxes. These are documented in our Form 10-K filed with the Securities and Exchange Commission.

Indeed, some tax payments have been deferred because of federal economic development policies that have accelerated Verizon’s investment in America’s technology infrastructure. In 2009 and 2010 alone, Verizon invested $ 33.3 billion in infrastructure — sustaining jobs for Verizon union employees and creating jobs at o…………… continues on New York Times