Yahoo Finance: Democrats Downplay Bonuses Employees Are Getting In Wake Of GOP Tax Law

But it’s worth noting that PEPCO, which was acquired by Exelon Corp. in 2016, paid an effective tax rate of negative 27.9 from 2008 to 2015 partly because of various credits and refunds from the government, according to a report by the Institute on Taxation and Economic Policy. Many other corporations similarly pay less in taxes or nothing at all because of loopholes and special breaks they enjoy in the tax code.  Read more