CNN: Elizabeth Warren: US taxes are rigged in favor of Amazon, Netflix and other big companies

Despite reporting large pretax profits, at least 55 large corporations paid no federal corporate income tax in their most recent fiscal year, according to the Institute on Taxation and Economic Policy, a progressive think tank. The list of profitable companies that avoided all federal income taxes last year includes FedEx (FDX), HP and Nike (NKE) — three companies Warren called out during her hearing. Read more