Select Media Mentions
Members of the media rely on ITEP for analysis and insight about how tax policies affect people. If you’re a reporter looking to talk to one of our experts, contact Jon Whiten at [email protected].
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media mention April 6, 2021 Bloomberg: Biden Tax Plan Seen Hitting Tech, Pharmaceutical Companies
The provisions — part of the administration’s plan to finance a $2.25 trillion infrastructure package — mean that tech and pharmaceutical companies could lose many of the tax-planning tools that… -
media mention April 5, 2021 NPR: Janet Yellen Proposes Bold Idea: The Same Minimum Corporate Tax Around The World
The left-leaning Institute on Taxation and Economic Policy notes that 55 big corporations — including Nike, FedEx and Duke Energy — paid no federal income taxes in the most recent… -
media mention April 5, 2021 The Telegraph: Biden's $3trillion tax hikes find public support despite Republican resistance
In 2017, then-President Donald Trump signed a new bill law that slashed the corporate tax rate from 35 per cent to 21 per cent. A report out this week found… -
media mention April 5, 2021 CBS News: Dozens of Profitable U.S. Companies Haven’t Had a Federal Tax Expense since Trump’s Rate Cut
More than two dozen large U.S. companies have made a collective $77 billion in domestic profits in the past three years without any expectation of having to immediately pay federal… -
media mention April 5, 2021 Wall Street Journal: A 28% Tax Rate Will Cost Companies, but Not Equally
Supporters say the tax increase cannot be looked at in isolation. Domestic companies and American workers stand to benefit from the Biden administration’s proposal to spend more than $2 trillion… -
media mention April 5, 2021 Washington Post: Dozens of America’s Biggest Businesses Paid No Federal Income Tax Again
Fifty-five of the nation’s largest corporations paid no federal income tax on more than $40 billion in profits last year, according to an analysis by the Institute on Taxation and… -
media mention April 5, 2021 Washington Post: Republicans Struggle to Defend Corporate Tax Windfall (Opinion)
Corporations are hard-pressed to scream poverty. The Institute on Taxation and Economic Policy found 55 big companies that paid no federal income taxes at all last year: “The tax-avoiding companies… -
media mention April 5, 2021 Fiscal Times: Dozens of Major Corporations Paid No Federal Income Taxes in 2020: Report
At least 55 large corporations paid no federal corporate income taxes in 2020, according to a new analysis by the Institute on Taxation and Economic Policy. The companies in the… -
media mention April 5, 2021 MSNBC: Many Corporate Giants (Once Again) Paid No Federal Income Taxes
A couple of years ago, the Institute on Taxation and Economic Policy released the results of a detailed study that found of the Fortune 500 companies, about 400 paid an… -
media mention April 5, 2021 Pittsburgh Business Times: Pittsburgh Company among 55 that Paid Zero Corporate Income Tax
At least 55 of the biggest and best-known companies in the country didn’t pay federal corporate income taxes during their most recent fiscal year. That includes Pittsburgh’s 11th-largest public company.… -
media mention April 4, 2021 Washington Post: What Americans Will Get from Biden’s $2 Trillion Infrastructure Plan (Opinion)
In addition, a new report from the Institute of Taxation and Economic Policy underscores how well corporations did over the last four years, with 55 big corporations paying no federal… -
media mention April 4, 2021 The Joint Blog: Report: State and Local Cannabis Tax Revenue Jumps 58%, Surpassing $3 Billion in 2020
According to a new report conducted and released by the Institute on Taxation and Economic Policy, tax revenue from state-legal marijuana sales rose significantly in 2020 to surpass $3 billion.… -
media mention April 4, 2021 Washington Post: Republicans Draw a Blank on Basic Governance (Opinion)
But one suspects that Blunt, Wicker and others are protesting this proposed tax increase because of the narrow portion of Americans for whom the 2017 cut did work: the wealthiest.… -
media mention April 2, 2021 Financial Times: Biden Faces Clash with Business over Proposed Tax Increases
Still, a report by the Institute on Taxation and Economic Policy, a think-tank, on Friday found that at least 55 large and profitable US companies paid no federal corporate income… -
media mention April 2, 2021 Shelton Herald: Houston-based Kinder Morgan among Large Corporations that Didn’t Pay Federal Taxes in 2020
Houston-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… -
media mention April 2, 2021 Washington Post: The Daily 202: Biden Infrastructure Push Could Face SALT-y Democratic Challenge
A report by the Institute on Taxation and Economic Policy found that companies like Salesforce, Consolidated Edison, FedEx and Nike “were able to avoid paying any federal income tax for… -
media mention April 2, 2021 Complex: Nike Hasn’t Paid Any Federal Income Tax for the Last Three Years
Nike has made $4.1 billion in profits over the last three years but didn’t pay a dime in federal income tax for its earnings, according to new reports by the… -
media mention April 2, 2021 Quartz: Nike And FedEx Haven’t Paid Federal Income Tax in Three Years
Despite raking in billions in earnings, Nike, FedEx, and two dozen other public companies have paid no federal corporate income tax in the US since 2018, according to a study… -
media mention April 2, 2021 Forbes: More Than 50 Major U.S. Corporations—Including Nike And FedEx—Paid No Federal Taxes Last Year
Benefitting from Trump-era tax cuts and capitalizing on loopholes in the tax code, at least 55 prominent U.S. companies paid $0 in federal corporate income taxes in 2020 on billions… -
media mention April 2, 2021 Business Insider: Nike, FedEx, and 24 Other Companies with $77 Billion of Combined Income Have Avoided Paying Taxes for Years, a New Report Found
55 of America’s biggest companies paid $0 in federal taxes last year, a new study from the Institute on Taxation and Economic Policy (ITEP) found. The 55 publicly traded companies… -
media mention April 2, 2021 The Hill: 55 Major Companies Paid Zero Federal Income Tax in 2020: Watchdog
At least 55 major profitable companies didn’t pay any federal corporate income taxes last year, according a report by the left-leaning Institute on Taxation and Economic Policy (ITEP). The group… -
media mention April 2, 2021 Associated Press: Even with Pretax Profits, Many Big Companies Pay Zero US Tax
Just as President Joe Biden is pushing to raise taxes on companies to help pay for his infrastructure plan, a report from a Washington policy group is highlighting how many… -
media mention April 2, 2021 Fast Company: Report: 55 of America’s Biggest Companies Paid Zero Taxes during the Pandemic
The stock market boomed last year, despite a pandemic that put 45 million people out of work. But dozens of the biggest, most profitable corporations in the United States still… -
media mention April 2, 2021 New York Times: No Federal Taxes for Dozens of Big, Profitable Companies
Just as the Biden administration is pushing to raise taxes on corporations, a new study finds that at least 55 of America’s largest paid no taxes last year on billions… -
media mention March 31, 2021 The New York Times: Biden Tax Plan Challenges G.O.P. Formula for Economic Growth
The Institute on Taxation and Economic Policy, which has long criticized American businesses for managing to avoid paying what they owe, conducted a study of Fortune 500 companies that were…