These 91 companies paid no federal taxes in 2018


 

The average American’s effective tax rate (all taxes, not just federal taxes) is 29.8%.

(From CNBC)

The report covers 379 companies from the Fortune list that were profitable in 2018 and finds that 91 paid an effective federal tax rate of 0% or less. Those companies come from a wide range of industries and include the likes of Amazon, Starbucks and Chevron.


Reprinted from: https://www.ac2news.com/2019/12/these-91-companies-paid-no-federal-taxes-in-2018/

0 0 vote
Article Rating

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More from Against Crony Capitalism: