Birdwatch Note Rating
2023-01-19 03:59:35 UTC - HELPFUL
Rated by Participant: 6ECC41F42E5F009F8D1DAB8678AE273F658311D01B642081292BD8E61761B712
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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