The Institute on Taxation and Economic Policy has found that the number of large U.S. companies who paid nothing in federal taxes has doubled in recent years. The institute named over 60 companies who did not pay federal taxes in 2018 despite many making billions in profits. The companies include Amazon, Netflix, General Motors, IBM, Chevron, Eli Lilly, Delta, Occidental Petroleum, Honeywell, Prudential, Halliburton, Whirlpool and Goodyear.
Report: Amazon, Netflix, IBM, Chevron Paid No Federal Taxes in 2018 Despite Billions in Profits
HeadlineApr 12, 2019