April 6, 2022

Fox News: Rep. Ro Khanna concerned student loan debt could be a hurdle to raising children, buying homes

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“How is it that some corporations are paying zero percent tax?” Khanna said. “We can make sure that people who are very, very wealthy are paying at least 20%. That is what teachers and firefighters pay.”

At least 55 corporations didn’t pay any federal income tax in 2020, according to a study conducted by the Institute on Taxation and Economic Policy. Critics pointed out that the report was not based on tax returns. Nike, one of the 55 companies highlighted, for example, said it had paid $9.6 billion in taxes since 2016.

“We need tax reform in this country so that people who are wealthy and corporations are wealthy are paying their fair share,” Khanna told Fox News. Read more