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.
Biden highlights the issue of major corporations not paying federal taxes despite making significant profits.
Share
More from Joe Biden
As President, I will always defend Social Security, protect America’s seniors, and invest in the dedicated workers who form the backbone of our Republic.
When I finish this round of treatment, you get to ring that bell, at the end of a year of treatment.
While we have more, inflation has slowed every single month in the last 12
During National Women’s Health Week, my Administration reaffirms our commitment to improving the health and well-being of women and ensuring they have the opportunity to live longer, fuller, and healthier lives.
Other voices in this conversation
