Birdwatch Note Rating
2023-01-19 12:25:47 UTC - HELPFUL
Rated by Participant: 359A1C0F15FD54F6DD37B32E66B27769402C4C3CBB2D5D348D4EB13689EC6D5D
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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