Money: Happy Tax Day: Here Are 60 Giant Corporations That Paid Less in Taxes Than You Did
media mentionTax Day 2019 is here! Monday, April 15, is when taxes are due, so you are probably keenly aware of how much you pay in taxes right now. It may come as a shock to also learn that some of America’s biggest corporations pay less in taxes than you do — in fact, they are receiving billions back from the government via tax rebates.
The left-leaning Institute on Taxation and Economic Policy (ITEP) recently published a report highlighting 60 profitable Fortune 500 companies that collectively reported $79 billion in income last year — and are also paying $0 in federal taxes. Read more