Institute on Taxation and Economic Policy

Matthew Gardner

Media Mentions

Rolling Stone: Every Dirty Gift Trump’s Big Bill Gives the Fossil Fuel IndustryCNBC: How Senate GOP ‘No Tax on Tips’ Proposal Differs From House Republican PlanAudio: ITEP’s Matt Gardner Discusses Maryland’s Tax and Budget Debate on WYPRBusiness Insider: Starbucks Likely Avoided Taxes on $1.3 billion in Profit Using a Swiss Subsidiary, a New Report FindsVideo: ITEP’s Matt Gardner Discusses Worldwide Combined Reporting with Yes! MagazineProPublica: How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate GiveawaysMarketplace: Closing a $50 Billion Tax Loophole for the WealthyThe Lever: Pfizer’s Massive Tax DodgeHuffPost: America’s Largest Companies Dodged Nearly $300 Billion In Taxes, Report FindsThe Guardian: Trump Gave Top US Firms Staggering Tax Cuts, With Some Paying $0 or less – ReportMarketplace: The IRS is Trying a Free Online Tax-Filing System That Cuts Out VendorsThe Lever: Billionaire Gifts To Thomas: Generosity Or Taxable Income?Reuters: Exxon’s Low US Tax Payments Ruffle Biden’s Climate AgendaCNBC: Supreme Court Hears Tax Case On ‘Income’Video: ITEP’s Matt Gardner Discusses IRS Funding & ‘U.S. v. Moore’ SCOTUS Case on The Rick Smith ShowWashington Post: Biden Wants Rich Companies to Pay Higher Taxes. Some Are Fighting Back.Video: How Google, UPS & Amazon Avoid Paying Billions in TaxesVideo: ITEP’s Matt Gardner Talks Corporate Tax Breaks on Scripps News LiveRoute Fifty: Minnesota Takes On Corporate Profit ShiftingSan Francisco Examiner: $66M Salesforce Program to Close Educational Gaps Has Only Widened ThemThe Why: Matt Gardner on Corporate Tax AvoidanceCNBC: State Tax Rates Are Not Central to Migration PatternsThe American Prospect: Reanimating the TaxmanThe Lever: Will Biden End An Illegal $50 Billion Tax Giveaway?MarketPlace: Millions of college students are eligible for tax credits. But they have to file for themCNBC: How companies like Amazon, Nike and FedEx avoid paying federal taxesCSPAN Washington Journal: Biden Tax ProposalsWashington Post: Congress urges DOJ, Treasury to examine drug companies aiming to turn opioid settlements into tax breaksCNN: Fact-checking Biden’s 2022 State of the Union addressThe Guardian: ‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric carsWall Street Journal: Zero-tax companies could remainCommon Dreams: 73 Major Corporations Paid Just 5.3% Federal Tax Rate Between 2018 and 2020: ReportWashington Post: As IRS audits waned, big businesses racked up unapproved tax breaksNapa Valley Register: California’s progressive tax system proved its worth during the pandemicPolitico: As Bezos called for tax hikes, Amazon lobbied to keep its tax bill lowNew York Post: Jeff Bezos openly embraces tax hikes, but Amazon lobbied against themTalking Points Memo: If Biden’s Corporate Tax Offer Isn’t A Feint, Then It’s A Massive ConcessionVox: You should be suspicious of benevolent big businessNew York Times: Amazon Had a Big Year, but Paid No Tax to LuxembourgAssociated Press: Biden’s corporate tax plan takes aim at income inequalityUSA TODAY: Biden cites left-leaning study that 55 of top U.S. companies paid no federal income taxes89.3 WFPL: LG&E’s Parent Company Paid No Federal Taxes Last Year (Kentucky)Morning Call: PPL Corp. and other companies with Lehigh Valley ties paid zero U.S. taxes in 2020Bloomberg: Firms Shuffle Intangible Assets Abroad Despite U.S. Tax BreakWashington Post: Biden proposals may not guarantee all Fortune 500 corporations pay federal income taxes, experts sayCommon Dreams: Jayapal Calls for Crackdown on Wealthiest After IRS Chief Says Tax Evasion Costs US $1 Trillion a YearWillamette Week: Nike’s Tax Bill in Oregon Is a Secret. We Asked Three Analysts to Make an Estimate.CNN: Jeff Bezos endorsed higher corporate tax rates. But it won’t cost him muchAlJazeera: Pros, cons and pragmatism: Biden’s plan to fund infrastructureBloomberg: Biden Tax Plan Seen Hitting Tech, Pharmaceutical CompaniesSalon: America’s Biggest Corporations Paid No Federal Income Taxes Last Year: StudyAkron Beacon Journal: FirstEnergy, AEP among 55 Companies that Paid Zero Federal Income Taxes in 2020, Report Shows(Connecticut) Middletown-Press: Stamford-based Charter Communications Paid No Federal Income Taxes in 2020, New Report ShowsBloomberg: Biden Tax Plan Seen Hitting Tech, Pharmaceutical CompaniesCBS News: Dozens of Profitable U.S. Companies Haven’t Had a Federal Tax Expense since Trump’s Rate CutWall Street Journal: A 28% Tax Rate Will Cost Companies, but Not EquallyWashington Post: Dozens of America’s Biggest Businesses Paid No Federal Income Tax AgainNew York Times: No Federal Taxes for Dozens of Big, Profitable CompaniesCBS News: Zoom’s pandemic profits exceeded $670 million. Its federal tax payment? ZilchSalon: Zoom Increased Profit by 4,000% during the Pandemic — but the Company Paid $0 in Federal Income TaxBusiness Insider: Zoom Paid $0 in Federal Taxes on $664 Million in Pandemic Profits, Mostly by Paying Executives Stock OptionsNew York Post: Zoom Paid No Federal Income Tax Last Year amid Pandemic Profit SurgeCommon Dreams: Zoom Paid $0 in Federal Income Taxes on 4,000% Profit Increase During Pandemic: ReportThe Hill: A Straightforward Way to Pay for Biden’s Recovery Plan (Opinion)Politifact: Facebook post misleads about tax bill breakdownWashington Post: Drug Companies Seek Billion-dollar Tax Deductions from Opioid SettlementWall Street Journal: Amazon’s U.S. Tax Costs Jumped in 2020. It Likely Would Pay Even More Under Biden Plan.Bloomberg: The 2017 Tax Law Report Card: Grading the Big Promises (Podcast)Raw Story: Expert Explains Why You Pay More than Corporations — and the People Who Own ThemBloomberg: The Trump Tax Cuts: Promises Made, Promises Kept?WWD: Execs Flag ‘Concerns’ Over Corporate Taxes Amid Rising InequalityThe American Prospect: The Day One Agenda for Corporate TaxesCBS News: Comparing Trump and Biden’s Tax PlansCenter for Public Integrity: The HeistYahoo! Finance: A Breakdown of Biden’s Tax ProposalsWashington Post: How the Cares Act gave millions to energy companies with no strings attachedForbes: The $750 Question: How Trump’s Taxes Reveal The Deep Unfairness Of The U.S. Tax CodeWGN NewsNation: President Trump calls income tax report ‘fake news,’ says he’s still under IRS auditBloomberg: Trump’s reported $750 federal income tax bill is smaller than the average payment by an American household making $20,000 a yearPolitico Morning Tax: Digging in on SALTKPFA: Death and taxes! or, why the rich get richerYahoo Finance: This GOP Proposal May Slash Taxes for Big Tech: ITEPMedPage Today: Tenet Gets Big Federal $$$ but Still Cuts EmployeesBusiness Insider: Trump Wants Tax Breaks to Encourage People to Watch Sports Games and Travel Around the US. Here’s Why That Could Backfire as the Pandemic Rages.POLITICO Morning Tax: Welcome, commissionerThe Fiscal Times: A ‘Wacky’ Tax Credit Idea: $4,000 for VacationYahoo Finance: Biden Hits Amazon on Taxes, Which May Benefit From the Coronavirus OutbreakBloomberg:Energy Companies Reap Tax Breaks As They Brace For Virus ImpactYahoo!: How the coronavirus outbreak may help keep Amazon’s federal tax bill low (again)Center for Public Integrity: COVID-19 Didn’t Affect This Company, But It Still Got a $893K Federal LoanBloomberg: Loan Forgiveness Deductions Left in Hands of CongressBloomberg: Wealthy Win, Low-Wage Earners Lose in April 15 Tax ExtensionWall Street Journal:This Coronavirus Tax Policy Idea Wasn’t on the Table. Then Famous Chefs Called the President.Wall Street Journal:Whiting Petroleum Adopts Poison Pill to Protect Potential Tax BreaksAmerican Prospect: Avoid Taxes, Receive Federal BailoutsMarketWatch: Jeff Bezos spent more on this house in Beverly Hills than Amazon has paid so far in federal corporate income tax for 2019Minneapolis Star-Tribune: Tax reform may be more lucrative than advertised for corporationsPolitifact: Fact-checking the Democratic claim that Amazon doesn’t pay taxesYahoo! Finance: Amazon paid a 1.2% tax rate on $13,285,000,000 in profit for 2019The Sun: AMAZON’S DIME Amazon paid just ONE per cent tax after making $13BILLION profit leaving taxpayers with jus $162millionFox Business: Amazon paid tax rate of 1.2% on $13B in profits last yearThe Daily Mail: Amazon paid only $162M in US federal taxes in 2019 after making $13BILLION in profit – an effective rate of just one per centInternational Business Times: Amazon Only Paid 1.2% Taxes In 2019 Despite $13 Billion ProfitCNBC: Amazon had to pay federal income taxes for the first time since 2016 — here’s how muchThe Verge: Amazon finally owes federal income taxes this year — but we still don’t know how much it’s payingSeattle Times: Amazon touts 2019 federal taxes, but the picture is complicatedGizmodo: Amazon’s Tax Claims Are Riddled with BSScroll.in: At the centre of the US government and Facebook’s tax dispute is the company’s Dublin officeProPublica: Who’s Afraid of the IRS? Not FacebookPublic News Service: Report: Many Big Companies Pay Nothing Under New Tax LawMother Jones: Chevron Made $4.5 Billion in 2018. So Why Did the IRS Give Them a Refund?Modern Healthcare: Healthcare Industry Had Highest Federal Income Tax Rates in 2018Workday Minnesota: Dozens of Big Businesses Avoided Corporate Taxes in 2018Counter Point: Trump-GOP Tax Law Ushers in Lowest Corporate Tax Rates in 30 YearsBloomberg Law: Small Retailers Face More Marketplace Taxes This Holiday SeasonPublic News Service: Corporate Tax Avoidance Continues Under New CodeWTSP: Impeachment 101: Answering Your Questions on the Impeachment ProcessDenton Daily: Amazon Will Pay $0 in Federal Taxes This Year — and It’s Partially Thanks to TrumpCommon Dreams: New Report Details How Trump Tax Scam ‘Delivered Big Benefits to the Rich and Corporations But Nearly None for Working Families’Washington Examiner: Amazon, Netflix, and Starbucks Paid $0 in 2018 Federal Income TaxesYahoo Finance: 91 Profitable Fortune 500 Companies Paid $0 in Taxes in 2018 under Trump’s Tax LawCommon Dreams: Amazon, Chevron, and Starbucks Among 91 Fortune 500 Corporations That Paid $0 in Federal Income Taxes in 2018: ReportWashington Post: Corporations Paid 11.3 Percent Tax Rate Last Year, in Steep Drop Under President Trump’s LawThe New York Times: How FedEx Cut Its Tax Bill to $0PolitiFact: Viral Post Says Democrats Spent $40 Million on Impeachment. That’s FalseOrlando Sentinel: In Florida, 99% of Companies Pay No Corporate Income Tax — with Lawmakers’ BlessingBloomberg: Treasury Plans to Weaken Rules Meant to Stop Corporate Tax AvoidanceForbes: Corporate America’s Promise To Focus Less On Profits Will Ring Hollow If We Can’t Tax The RichFortune: What Trump’s Brief Flirtation With a Payroll Tax Cut Says About the State of the EconomyBloomberg: Horse Racing Tax Credit Backers Not Deterred by House SetbackAxios: Correcting Halliburton’s TaxesWall Street Journal: Does Amazon Really Pay No Taxes?Allentown Morning Call: Fortune 500 company PPL not only paid no federal taxes last year, it got a $19 million rebate; it says it has invested those savingsNewark Star-Ledger: The 5 NJ Companies Reported Nearly $5 Billion in U.S. Income Last Year. Their Federal Tax Bill: $0Pacific Standard: Can Ending Fossil Fuel Subsidies Pay for Beto O’Rourke’s Climate Plan?New York Post: Want to get out of taxes? Just make $79BCBS Radio News: Taxes, the Why and How MuchNew York Times: Their Tax Rate Is ZeroBloomberg: Big Tech’s Big Tax Ruse: Industry Splurges on BuybacksSan Jose Mercury News: Which Bay Area Companies Didn’t Pay Federal Income Tax in 2018?Daily Mail: The Number of U.S. Companies Paying Zero Federal taxes DOUBLED when Trump’s Tax Plan Took Effect in 2018NBC News: Twice as Many Companies Paying Zero Taxes under Trump Tax PlanThe Hill: Report Finds Twice as Many Companies Will Pay Zero Tax This YearFast Company: Amazon and Netflix Are among Many Companies Paying Zero Federal Taxes under Trump’s Tax LawKALW: Who Pays Taxes, and Where Does It Go?CNBC: Why Amazon Paid No Federal Income TaxNBC News: Factory Workers at GM See Layoffs, not Benefits, after Tax CutsCBS News:Some of America’s Biggest Companies Paid Little to No Federal Income Tax in 2018Fortune: Why Amazon May Pay No Federal Income Taxes This YearBloomberg: Amazon Doesn’t Plan to Pay the IRS Anything This Tax SeasonInsideSources: Amazon Paid Zero Corporate Taxes Last Year. Why Aren’t 2020 Democrats Talking About It?Think Progress: U.S. Banks Raked in Record Profits Thanks to GOP Tax BillAxios: 1 Big Thing: Filthy Rich, Owing No TaxFox Business, Bulls & Bears: Amazon, Netflix Did Not Pay Any Federal Taxes in the US in 2018: ReportWashington Post: Amazon Paid No Federal Taxes on $11.2 Billion in Profits Last YearCNN: Despite Record Profits, Amazon Didn’t Pay Any Federal Income Tax in 2017 or 2018. Here’s WhySalon.com: Activist Defeat of Amazon is a Win for Democracy Over TechnologyThe Guardian: Amazon Made an $11.2bn Profit in 2018 – And Its Federal Tax Bill is $0ORT: 2017 Tax Reform Helps Corporations The Most. Who Knew?Cheddar: Netflix’s Tax HackThe Guardian: How Did Netflix Get Away with Not Paying Income Tax in 2018The Daily Mail: Netflix Paid NOTHING in Federal or State Taxes in 2018Oregonian: Profits Double, Tax Payments Fall at Nike, Attracting Attention of EU RegulatorsMother Jones: It’s Been a Year Since Trump Enacted Sweeping Tax Cuts. The Rich WonThe New Yorker: If Jeff Bezos Makes Washington the Second Headquarters of AmazonThe Real News Network: How Dismantling an Obscure Tax Created an American AristocracyPolitiFact: Do Trump Tariffs Cost More Than Affordable Care Act Taxes?WBOC16: Incorporating in Delaware: The Perks and PitfallsThe Inquisitor: Amazon Proposal to Cage Warehouse Workers CriticizedKPFA: US Treasury Sec Mnuchin Is Planning a $100 Billion Tax Cut for the WealthyThe Tennessean: Where Are The Tax Cuts Going?Washington Post: IRS Outsources Debt Collection to Private Firms, and the Poor Feel the StingNew York Times: $111 Billion in Tax Cuts for the Top 1 PercentYahoo! Finance: The Steep Cost of Tax Cuts Since 2001American Prospect: The Two Biggest Lies in Donald Trump’s Tax PlanReuters: How U.S. Tax Reform Rewards Companies that Shift Profit to Tax HavensUSA Today: After Losing Fight to Levy ‘Amazon tax,’ Seattle Is Back to Square One on Helping HomelessPolitifact: Scott Dawson distorts Alabama Gov. Kay Ivey’s Grant FundingUSA Today: Amazon Tax over Head Tax Foreshadows Battles to Come in other CitiesSeattle Post-Intelligencer: How Seattle’s Amazon avoids paying taxesPolitifact: Bernie Sanders Says Amazon Paid no Federal Income Tax in 2017. He’s RightDetroit Free Press: Trump’s Tax Law Saves These Companies MillionsThe Street: Is President Trump’s Beef with Amazon JustifiedAssociated Press: Amazon Ignores Trump’s Attacks as It Molds a Business EmpireMarketWatch: Trump Is Jealous Amazon Is Better at Avoiding TaxesNew York Times: Still Angry at The Washington Post’s Coverage, Trump Bashes Jeff Bezos’ AmazonNewsweek: Trump, Who Just Gave Amazon a Huge Tax Break, Wants the Company TaxedThe Wrap: Trump Blasts Amazon for Tax Breaks, Using USPS as ‘Delivery Boy’Pacific Standard: Inside the Tax Law’s $25 Billion Oil Company BonanzaNew Republic: Has Amazon Become Too Big to TaxSeattle Post-Intelligencer: Amazon Paid No U.S. Income TaxThe Economist: The Spoils from American Corporate Tax Reform Are Unevenly SpreadCNBC: Trump’s Budget May Delay Future Tax RefundsHuffPost: Companies Are On A Cheap Charm Offensive For Trump’s Tax BillAlbany Times Union: Schumer Points to Layoffs to Counter GOP’s Rosy Tax-Law ForecastCBS News: Trump’s Economic Score: After Tax Cuts, Not too MuchBBC: Apple to Pay $38 Billion on Foreign Cash PileNew York Times: Walmart’s Bumpy Day: From Wage Increase to Store ClosingsThe Hill: Why You Shouldn’t Pay Attention to What Companies Say about Their Tax BillsInvestors’ Business Daily: GE Cash Crunch That Hit Dividend May Get Worse Under Trump Tax CutsAssociated Press: Windfall for Workers Too?CBS News: Bonuses for Some Workers After Tax Bill PassesWJLA: Republicans Predict Voters Will Like Tax Bill Once They See BenefitsCNBC: Here’s How the Tax Bill Will Affect the Richest 1 Percent in All 50 StatesThe Hill: The most surprising winners from Trump’s ‘America First’ tax plan are not AmericanCNBC: Tax Expert: Middle-Income Families an ‘Afterthought’New Republic: The Republican Tax Bill Is a Gift to the Washington BlobInternational Business Times: Senator Orrin Hatch Says He Wrote Tax Provision At Center Of Corker ControversyBBC: Will Trumps Plan Trigger a Tax War?BBC: Will Trump’s Tax Plan Trigger a Tax War?Wall Street Cheat Sheet: Ted Cruz Sure Loves the Top 1 PercentKQED: UC Grad Students Join National Protest Against GOP Plans to Increase Their TaxesMinneapolis Star-Tribune: Luring corporate money from tax havens is a big unknown for reform proposalsSan Francisco Chronicle: GOP tax bills could shield multinationals’ future overseas profitsNPR’s All Things Considered: After Working To Avoid Taxes, What Could New Legislation Mean For Apple?Washington Post: What Is Carried Interest and Why It Matters in the GOP Tax BillMarketWatch: Paradise Papers’ Are a Timely Reminder Not to Overlook Your Own Tax BreaksAustralian Broadcasting Corp: The Surprising Journey Your Money Takes after Buying a Pair of NikesCNNMoney: Broadcom Moving Legal Headquarters Back to U.S.Dallas Morning News: Was Exxon Mobil’s Tax Rate Last Year Really -5.1%?Between the Lines: Trickle Down Hoax Central to GOP Tax Reform PlanNPR’s Marketplace: Can You Convince Americans to Support Lower Corporate Taxes by Promising Them a Pay Raise?Mother Jones: Republicans Are Already Giving Up on a Key Part of Trump’s Tax PlanOn Point with Tom Ashbrook: Totaling Up President Trump’s Tax Overhaul PlanNew York Times: Nothing Is Too Strange for Cities Wooing Amazon to Build ThereMother Jones: The 5 Biggest Myths In Republicans’ Quest To Lower Corporate TaxesInternational Business Times: There Is a Direct Link Between Tax Evasion and InequalityBloomberg: Football Champs and CEOs Alike Sidestep Taxes With Private JetsPolitico: Why Corporate Tax Reform Is So MessyFact Check.org: Trump’s Tax SpeechThe Columbian: Republicans should stick to facts, not rhetoric, on topic of corporate taxesPolitico: Trump Wants to Slash America’s Corporate Tax Rate, But That Rate Is a MythSlate: Our Corporate Tax System Is a Mess. Republicans Might Just Make It WorseIrish Times: Dublin Watches Nervously as Trump Pushes U.S. Tax Reform AgendaHuffPost: Here Are 4 Populist Tax Reforms Trump Could Adopt If He Really Cared About Working PeopleThe New York Times: Trump Tax Plan May Free Up Corporate Dollars, but Then What?The Columbian: A Taxing DebatePolitico: Here We Go AgainThe Seattle Times: Paul Ryan Picked the Most Awkward Spot in America to Argue for Corporate Tax CutsThe Fiscal Times: Why Boeing Isn’t the Best Poster Child for Corporate Tax ReformJournal Transcript: Apple Inc., Microsoft Corporation and Cisco Systems, Inc. Buoyed By Trump Proposed 10% Tax RateThe Atlantic: The Tax Break Dividing the Republican PartyUSA Today Network: Gov. Rick Scott Wants Super Majority Vote for Tax HikesBetween the Lines: Trump Tax Plan Would Benefit the Wealthiest AmericansUtah Public News Service: Trump’s Economic Policies to Increase Economic InequalitySan Francisco Chronicle: Should We Fear Big Tech?International Business Times: How Much Do Companies Really Pay When Settling With The Government? Warren Pushes Bill That Makes It PublicBetween the Lines: Trump Tax Plan Revives Economic VoodooPBS News Hour: Corporations Go Overseas to Avoid U.S. TaxesCBS News: Trump’s Tax Cut Promise to Pay for Themselves. So Will They?Fast Company: At Last, Silicon Valley May Have Found a Trump Proposal to Like–Hist Tax PlanThe San Diego Union Tribune: Sempra has paid no corporate taxes in recent years … and it’s all legalThe Seattle Times: Boeing Paid Federal TaxesInternational Business Times: Republican Health Care Plan: Trumpcare Gives Wealthiest 1% A $31B TaxcutWashington Post: How a GOP tax plan would help Caterpillar after a raid by federal agentsKansas City Star: Who would argue taxes with H&R Block? This guy, but only a littlePalm Beach Post: NextEra Energy disputes report saying it paid no income taxesCNBC: Tax policy expert: The 35% corporate rate is a myth, so cutting it won’t bring overseas money backNew York Times: U.S. Corporate Taxes ExplainedThe Street: Corporate Tax Cuts Could Add 15% to S&P 500New York Times: Profitable Companies, No Taxes: Here’s How They Did ItCNN: Trump’s Tangled Web of BusinessesRising Up with Sonali: How Corporations Have Benefitted From Trump’s Tax LawChristian Science Monitor: The peril and promise of Trump’s approach to saving jobsThe Guardian: Trump’s tax plan: massive cuts for the 1% will usher ‘era of dynastic wealth’Mic: Here’s exactly how Donald Trump could hurt the middle class — and how to fight backForbes: Top 100 S&P Companies Averaged 25% In Income Taxes Actually PaidObserver-Reporter: Tax loopholesBloomberg BNA: Thousands of Subsidiaries Go Missing From Bank SEC Filings

Matt Gardner is a senior fellow at ITEP where he has worked since 1998. He previously served as ITEP’s executive director from 2006 to 2016. Matt’s work focuses on federal, state and local tax systems, with a particular emphasis on the impact of tax policies on low- and moderate-income taxpayers. He uses ITEP’s microsimulation model to produce economic projections and analyses on the effects of current and proposed federal and state tax and budget policies.

Find an ITEP Publication by Matthew Gardner