Birdwatch Note Rating
2023-01-19 03:57:16 UTC - HELPFUL
Rated by Participant: D610C1EEBB33FF70B9284C5BB9808DDBE267C516E0BE1D7AB3D11B1283F5F3D5
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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