Birdwatch Note Rating
2023-08-25 21:24:25 UTC - HELPFUL
Rated by Participant: EBECE6B7B1E9F764C1F3EFC96664FAD0D1888797C8A8DB05958179094A4C66EC
Participant Details
Original Note:
Nothing Biden said in this is incorrect or needs context. In 2020, 55 companies paid 0 in federal income taxes through various https://itep.org/55-profitable-corporations-zero-corporate-tax/ Today under the changes by the Inflation Reduction Act those companies would have paid 15% https://www.irs.gov/newsroom/treasury-irs-issue-interim-guidance-on-new-corporate-alternative-minimum-tax
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