55 Corporations Paid $0 in Federal Taxes on 2020 Profits

Expert's View

Amy Hanauer

Amy Hanauer
Executive Director

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On COVID-19 and Economic Recovery

“There will be calls for austerity from politicians who were happy to incur debt to pay for tax cuts but now want to deny necessary aid. Fortunately, both economic experience and public opinion support paying to help with job loss, housing, and economic aid. The risk right now is not spending too much, it’s doing too little. If we don’t get this pandemic under control and keep families afloat, the economic downturn will deepen and take longer to resolve."

ITEP Statement on President Biden’s Inauguration: Ready for Change