Political Quotes

Joe Biden: “A recent study shows that 55 of the nation`s biggest corporations paid zero federal tax last year. Those 55 corporations…”

On the recordMay 2, 2021
A recent study shows that 55 of the nation`s biggest corporations paid zero federal tax last year. Those 55 corporations made in excess of $40 billion in profit. A lot of companies also evade taxes through tax havens in Switzerland and Bermuda. And they benefit from tax loopholes and deductions. It`s not right.
Said by
Joe Biden
Democratic · Delaware
Source
msnbc.com

Editor's note · Context

Biden highlights the issue of major corporations not paying federal taxes despite making significant profits.

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