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20 big profitable US companies paid no taxes
U.S. companies are looking for all sorts of ways to reduce their tax bill. But scores of big U.S. companies just paid no taxes or effective tax rates of 0%.
IETP Reports
111 of the companies enjoyed at least one year in which their federal income tax was zero or less.
originally posted by: greencmp
a reply to: Xeven
I agree, what we want is a level playing field and an economic environment conducive to productivity, innovation and trade.
We should abolish all federal income taxes for everyone.
originally posted by: BlueJacket
a reply to: greencmp
I couldnt agree more...and then a flat non increasing local and state tax to cover road maintenance, and emergency personnel etc...See how many career politicians there would be then...
originally posted by: Xeven
I don't get why "we the people" don't get more riled up about this.