Birdwatch Note Rating
2023-01-19 10:27:40 UTC - HELPFUL
Rated by Participant: B9EE38A3C151321686B5CBE2C490FCF9BD31AA8107D47ED55F5A4320E201C202
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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