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Apr 11, 2021SUBSCRIBE NOW

More Than 50 Major U.S. Corporations—Including Nike And FedEx—Paid No Federal Taxes Last Year

Benefitting from Trump-era tax cuts and capitalizing on loopholes in the tax code, at least 55 prominent U.S. companies paid $0 in federal corporate income taxes in 2020 on billions of dollars in profits, according to a report published Friday by the Institute on Taxation and Economic Policy.
More Than 50 Major U.S. Corporations—Including Nike And FedEx—Paid No Federal Taxes Last Year
8 days ago|New York, United States

BIAS DISTRIBUTION

39 of these news sources are bias rated
18 lean LEFT
L 46%
C 33%
R 21%
Common Dreams
Alternet
MSN
The Daily Beast
+1
Yahoo News
abc News
The Independent
New York Times
+11
680 News
The Hill
Associated Press News
Political Wire
+10
Washington Times
New York Post
Entrepreneur
KATU
+3
The Daily Caller
Breitbart
ALL ARTICLES
Yahoo News
Yahoo NewsL

Even with pretax profits, many big companies pay zero US tax

Just as President Joe Biden is pushing to raise taxes on companies to help pay for his infrastructure plan, a report from a Washington policy group is highlighting how many firms pay zero despite making big pretax profits. More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, with many getting rebates, even though they reported almost $40.5 billion in pretax profits as a group, according to the Institute on …

8 days ago|Los Angeles, United States
News18 India
News18 India

Even With Pretax Profits, Many Big Companies Pay Zero US Tax

NEW YORK: Just as President Joe Biden is pushing to raise taxes on companies to help pay for his infrastructure plan, a report from a Washington policy group is highlighting how many of them pay zero despite making big pretax profits.

8 days ago|India
Washington Times
Washington TimesR

Even with pretax profits, many big companies pay zero US tax

NEW YORK (AP) - Just as President Joe Biden is pushing to raise taxes on companies to help pay for his infrastructure plan, a report from a Washington policy group is highlighting how many firms pay zero despite making big pretax profits. More than 50 of the largest U.S. ...

8 days ago|Washington, United States
abc News
abc NewsL

Even with pretax profits, many big companies pay zero US tax

More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, even though they reported big pretax profits as a group

8 days ago|United States
The Independent
The IndependentL

Even with pretax profits, many big companies pay zero US tax

More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, even though they reported big pretax profits as a group

8 days ago|London, United Kingdom
New York Times
New York TimesL

No Federal Taxes for Dozens of Big, Profitable Companies

FedEx and Nike are among those found to have avoided U.S. tax liability for three straight years.

9 days ago|New York, United States
CBS News
CBS NewsL

Biden pushes back on criticism of raising corporate tax as study suggests some corporations paid zero on profits

"Asking corporate America just to pay their fair share will not slow the economy at all," the president said.

8 days ago|New York, United States
The Washington Post
The Washington PostL

Analysis | Dozens of America’s biggest businesses paid no federal income tax — again

55 corporations had zero federal tax liability in 2020, including household names like Nike, FedEx and Dish Network, analysis finds.

6 days ago|Washington, United States
680 News
680 NewsC

Even with pretax profits, many big companies pay zero US tax

NEW YORK — Just as President Joe Biden is pushing to raise taxes on companies to help pay for his infrastructure plan, a report from a Washington policy group is highlighting how many firms pay zero despite making big pretax profits.More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, with many getting rebates, even though they reported almost $40.5 billion in pretax profits as a group, according to the Inst…

8 days ago|Toronto, Canada
The Hill
The HillC

55 major companies paid zero federal income tax in 2020: watchdog

At least 55 major profitable companies didn’t pay any federal corporate income taxes last year, according a report by the left-

8 days ago|Washington, United States
COVERAGE DETAILS

BIAS DISTRIBUTION

39 of these news sources are bias rated
18 lean LEFT
L 46%
C 33%
R 21%
Common Dreams
Alternet
MSN
The Daily Beast
Yahoo News
abc News
The Independent
New York Times
CBS News
The Washington Post
Star Tribune
Business Insider
WHDH
SF Chronicle
Houston Chronicle
+4
680 News
The Hill
Associated Press News
Political Wire
WPLG
Forbes
Fortune
Observer
Stars and Stripes
9NEWS Denver
WTSP
+3
Washington Times
New York Post
Entrepreneur
KATU
DNyuz
The Fiscal Times
The Daily Caller
Breitbart
Total News Sources66Leaning Left18 sourcesLeaning Right8 sourcesCenter13 sourcesLast Updated5 days ago
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