Today is Tax Day. If you paid one cent in federal taxes this year, you paid more than these profitable Fortune 500 corporations combined:
FedEx
Dish Network
Nike
Duke Energy
Salesforce
Penske
XCel Energy
...and on and on.
This needs to end.
FedEx
Dish Network
Nike
Duke Energy
Salesforce
Penske
XCel Energy
...and on and on.
This needs to end.
.@ITEPtweets found that in 2020, at least 55 large profitable corporations paid $0 in taxes. Zero.
If they had actually paid their taxes like everyone else, these businesses would have paid a collective total of $8.5 billion.
Instead, they received $3.5 billion in tax rebates.
If they had actually paid their taxes like everyone else, these businesses would have paid a collective total of $8.5 billion.
Instead, they received $3.5 billion in tax rebates.
These businesses collectively made nearly $40.5 billion in pretax income for 2020.
Corporations like FedEx, Nike, Dish Network, and Salesforce made big profits, but didn’t pay a dime in federal income taxes.
itep.org/55-profitable-…
Corporations like FedEx, Nike, Dish Network, and Salesforce made big profits, but didn’t pay a dime in federal income taxes.
itep.org/55-profitable-…
Why is it that working people pay their taxes, but giant corporations avoid paying their fair share?
Republicans are committed to finding any excuse to avoid raising taxes on wealthy businesses. Instead, they want to tax working people.
Republicans are committed to finding any excuse to avoid raising taxes on wealthy businesses. Instead, they want to tax working people.
Biden’s tax proposal could change that.
Policies such as raising the tax rate on corporate profits, raising capital gains taxes on the wealthiest Americans, and more could generate nearly $4 trillion. That revenue could fund historic investments for families across the country.
Policies such as raising the tax rate on corporate profits, raising capital gains taxes on the wealthiest Americans, and more could generate nearly $4 trillion. That revenue could fund historic investments for families across the country.
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