To Democratic strategists, including those close to the president, the tax plan is finely calibrated to earn the most support, drawing extra revenue from the least sympathetic segments of the tax base. A report released last week from the Institute on Taxation and Economic Policy, a progressive group, said that more than 50 of America’s largest companies paid no federal taxes last year. Read more here:
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April 2, 2021
55 Corporations Paid $0 in Federal Taxes on 2020 Profits
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Corporate Tax Watch