More Than 50 Major U.S. Corporations—Including Nike And FedEx—Paid No Federal Taxes Last Year
66 Articles
66 Articles
Dozens of America's biggest businesses paid no federal income tax last year
Fifty-five of the nation's largest corporations paid no federal income tax on more than $40 billion in profits last year, according to an analysis by the Institute on Taxation and Economic Policy, a progressive think tank.
Nike, HP and Other Large Corporations Got Away With Not Paying Any Federal Taxes on Their 2020 Profits
At least 55 of America's largest companies avoided federal taxation last year by using certain tax breaks, some of which had been revived during the pandemic.
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