Yahoo! Finance: In Search of the ‘Disappearing Corporate Income Tax’

Those losses, driven by generous rule-writing and interpretations of the 2017 tax law by the U.S. Treasury, are so substantial that they were deemed “tax cuts 2.0” by the liberal-leaning Institute on Taxation and Economic Policy. (You can read more about the revision in a recent blog post from CBO director Phillip Swagel, and in this report on how corporate lobbying affected the interpretation of the tax law from Jesse Drucker and Jim Tankersley of The New York Times.) Read more