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by klyrs 1885 days ago
> The argument I have heard is corporate profits are already taxed

I've heard time and time again that it's a moral imperative for corporations to reduce their tax burden to zero using every loophole available. Are big corporations actually paying tax?

2 comments

https://www.washingtonpost.com/business/2021/04/05/corporati...

>55 corporations had zero federal tax liability in 2020, including household names like Nike, FedEx and Dish Network, analysis finds

That's not relevant. If you pay out dividends, you cant evade those taxes. Capitol gains is supposed to be based on expected future dividends.