Public Citizen: Report - Corporations That Paid Nothing in Taxes Spent $450 Million to Influence Public Policy
June 10, 2021
June 10, 2021
WASHINGTON, June 10 (TNSRep) -- Public Citizen issued the following news release:
The 55 large corporations that paid $0 in federal corporate income taxes in 2020 spent $450 million lobbying and political contributions in recent years, according to a new Public Citizen report, The Price of Zero.
For most of the companies, paying nothing was not enough. The companies paying zero also received $3.5 billion in tax rebates, money they can turn around and spend to influence . . .
The 55 large corporations that paid $0 in federal corporate income taxes in 2020 spent $450 million lobbying and political contributions in recent years, according to a new Public Citizen report, The Price of Zero.
For most of the companies, paying nothing was not enough. The companies paying zero also received $3.5 billion in tax rebates, money they can turn around and spend to influence . . .