Shelton Herald: Houston-based Kinder Morgan among Large Corporations that Didn’t Pay Federal Taxes in 2020
media mentionHouston-based Kinder Morgan is one of the largest infrastructure companies in North America — and they’re among the at least 55 American corporations that paid absolutely nothing in federal taxes on billions of dollars in profits in 2020.
Citing a report from the Institute on Taxation and Economic Policy, Patricia Cohen reported for the New York Times that Kinder Morgan was bringing in $654 million pretax income and enjoyed a federal tax rebate of $20 million.