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Tag: Corporate taxes

55 Companies Pay No Taxes–And There Is A Reason

A tweet by President Biden on October 20, 2021, got my attention: “Here’s the deal: If you spent $3 on your coffee this morning, that’s more than what 55 major corporations paid in taxes in recent years.” The president has used this statistic...

Small Companies Get Tax Breaks, Too

Watch this video on YouTube An April 29th headline in The New York Times got my attention: “Profitable Giants Like Amazon pay $0 in Corporate Taxes. Some Voters Are Sick of It.” My immediate reaction was outrage. Amazon had a 0% tax rate. My company’s...

Real Impact of Tax Act is Reduced Corporate Rate

Watch this video on YouTube The Tax Cut and Jobs Act (TCJA) has generated a lot of media hype, much of which is coming from the extreme wings of both political parties and much of which is simply not true. Here is some perspective. First, when he signed the bill...