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Late Stage Capitalism@lemmy.world · 22 days ago

88 Corporations, $105 Billion in Profits, Zero Federal Income Tax

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88 Corporations, $105 Billion in Profits, Zero Federal Income Tax

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Late Stage Capitalism@lemmy.world · 22 days ago

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cross-posted to:
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At Least 88 Profitable U.S. Corporations Paid Zero Federal Income Tax in 2025

At least 88 of the largest corporations in America paid $0 in federal income tax for 2025. Corporate tax avoidance has increased at least in part due to President Trump's “One Big Beautiful Bill Act” and the 2017 Tax Cuts and Jobs Act.

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22 days ago
Unless I am reading page 7 wrong didn’t Yum pay $500M in income taxes?

https://s2.q4cdn.com/890585342/files/doc_financials/2025/q4/Yum-4Q25-Earnings-Release.pdf

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