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[CHART] U.S. Corporations That Pay No Taxes
Every working American is required to pay income taxes, but American companies get away with paying zero...
This year, the IRS collected roughly $1.4 trillion from U.S. taxpayers on April 15. Even individuals exempt from the federal income tax are subject to payroll taxes – and even the 14% exempt from both still must pay a sales tax.
But there are a record 54 U.S. corporations that pay no taxes or are at least partially exempt. That’s more than twice the amount five years ago. Most of them actually got tax refunds.
Every working American is required to pay income taxes, but American companies get away with paying zero...
This year, the IRS collected roughly $1.4 trillion from U.S. taxpayers on April 15. Even individuals exempt from the federal income tax are subject to payroll taxes – and even the 14% exempt from both still must pay a sales tax.
But there are a record 54 U.S. corporations that pay no taxes or are at least partially exempt. That’s more than twice the amount five years ago. Most of them actually got tax refunds.