Washington Post: Biden Says He’s Open to Compromise with Republicans on $2 Trillion Infrastructure Plan
media mentionFifty-five corporations saw zero federal tax liability in 2020, according to a report this week by the Institute on Taxation and Economic Policy, a left-leaning think tank. The amount of corporate tax revenue raised by the government has fallen from above 2 percent of the United States’ gross domestic product before the GOP tax law to half that, the Treasury report says.