March 9, 2017

Palm Beach Post: FPL’s NextEra Energy paid no income taxes during six of eight years

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he study, The 35 Percent Corporate Tax Myth conducted by the left-leaning Institute on Taxation and Economic Policy in Washington, D.C.,  examined  eight years of data on federal income taxes of 258 profitable companies.

NextEra officials did not immediately respond to a request for comment Thursday afternoon.

“Over the past eight years from 2008 to 2015, NextEra Energy made $21.5 billion in U.S. profits on which they paid no taxes as a whole,” said Matthew Gardner, an ITEP senior fellow and lead author of the report. “However, there were specific years, most notably 2015, in which the company did pay some small amount of taxes.” Read more



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