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If you've already filed your taxes this year, chances are you paid more than a lot of the big corporations. They made hundreds of millions of dollars in profits this year—but many of them won’t pay a dime towards keeping our country safe and our economy strong.
Big corporations have lobbied relentlessly to fill our corporate tax rules with so many loopholes and exemptions that even when they report a billion dollars in profits to their investors and the public, they can report much lower “profits” to the IRS—and pay no taxes on them.
So today I’m proposing a new idea: Tax the *real profits* very large American companies report to their investors—no loopholes or exemptions—and let’s make this year the last year any company with massive profits pays zero federal taxes. medium.com/@teamwarren/im…
