Birdwatch Note Rating
2023-01-19 12:10:52 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 215BD8E61D5F49915AF59520CC4CFBADD43ADD4900C7EA6F8B38B1F6756B5ACC
Participant Details
Original Note:
It's true that in some years, certain corporations, often those that appear profitable, pay zero federal income taxes. That's not due to any tricks or “loopholes” though. There are several legitimate reasons why a “profitable” corporation should not pay income taxes. https://usafacts.org/articles/how-can-corporations-avoid-paying-taxes/
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