From Daily Kos: New analysis of Trump and Republican tax breaks shows tons of corporations paying nothing in taxes
Berry Craig
By Walter Einenkel for Daily Kos
Walter Einenkel Joined in 2014
The Institute on Taxation and Economic Policy (ITEP.ORG) has done an analysis of 379 corporations and their tax burdens since the Republican Party and Donald Trump gave them the enormous tax cuts that most Americans were dead-set against. “Corporate Tax Avoidance In The First Year of The Trump Tax Law” is available here for viewing or downloading. The findings are what we have come to expect: Big companies got big returns from the tax cuts, and on top of that, most corporations still couldn’t resist exploiting loopholes allowing them to pay even less than the meager amount set out by the Republican Party.