April 8, 2021

Washington Post: Biden Says He’s Open to Compromise With Republicans on $2 Trillion Infrastructure Plan

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Fifty-five corporations saw zero federal tax liability in 2020, according to a report this week by the Institute on Taxation and Economic Policy, a left-leaning think tank. The amount of corporate tax revenue raised by the government has fallen from above 2 percent of the United States’ gross domestic product before the GOP tax law to half that, the Treasury report says.

“Here you have 51 or 52 corporations of the Fortune 500 haven’t paid a single penny in taxes for three years. Come on, man. Let’s get real,” Biden said earlier this week, after walking off Marine One. Read more



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