FoxBusiness: U.S. Companies Paid $91 Billion Less in Taxes

Plus, in 2018, 60 of America’s biggest companies paid $0 in federal taxes Opens a New Window. , despite earning billions of dollars in profits. That includes Amazon, Netflix, General Motors, Chevron, JetBlue, IBM and U.S. Steel, which all used a diverse array of loopholes and tax breaks, according to a report from the INstitute on Taxation and Economic Policy, a nonpartisan think-tank. Read more