https://thehill.com/policy/finance/438376-report-finds-twice-as-many-companies-will-avoid-paying-taxes-this-year-as-in

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A new report, citing data from a left-leaning think tank, reveals that at least 60 companies avoided paying taxes this year as a result of the new tax law — a total that is about twice as many as previous years. NBC News, in partnership with nonprofit investigative news outlet The Center for Public Integrity (CPI) , reported Thursday that under the GOP-backed Tax Cuts and Jobs Act, more top companies were able to “zero out their federal income taxes.”. The report cites data released Thursday from the left-leaning Washington, D.C., think-tank the Institute on Taxation and Economic Policy (ITEP). ITEP reported that the companies listed used a “diverse array of legal tax breaks,” includin... Full story

12 April

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