Washington Post: White House advisers privately float minimum tax on corporations amid blowback over 2017 GOP law

Opponents of the tax law such as presidential candidate Sen. Bernie Sanders (I-Vt.) have assailed the GOP and multibillion-dollar corporations for allegedly paying $0 in federal taxes under the new law. Ninety-one companies on the Fortune 500 paid $0 in federal corporate taxes in 2018, more than double the amount in previous years, according to a left-leaning policy group, although experts caution it’s difficult to draw exact comparisons to prior years.The average federal tax rate of the country’s largest 400 corporations was about 11 percent in 2018, the lowest rate since at least 1984 and a steep drop from the average 21 percent rate paid between 2008 and 2015, according to the Institute on Taxation and Economic Policy. Read more