More Than 50 Major U.S. Corporations—Including Nike And FedEx—Paid No Federal Taxes Last Year
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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.
·Washington, United States
Read Full ArticleNike, 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.
·San Francisco, United States
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Total News Sources66
Leaning Left14Leaning Right16Center29Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
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C 49%
R 27%
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