John,

Corporate America has never had it so good. A new report from our friends at ITEP shows that 55 of the largest U.S. corporations paid $0 in federal income taxes in 2020 on more than $40 billion in profits.[1]

Had they paid the current corporate tax rate of just 21%, they would have paid $8.5 billion in taxes. Instead, they received $3.5 billion in rebates!

President Biden has proposed a corporate tax reform plan that would begin to fix our rigged tax system―increasing the corporate tax rate to 28% while adding a 15% minimum rate so none of these corporate tax dodgers can get away with paying nothing in federal income taxes.

Help us shine a spotlight on these outrageous corporate tax avoidance schemes and build support for President Biden’s Made in America Tax Plan. Donate $5 today to bring our latest infographic, below, to millions of people across the country.

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Together, we’re fighting to ensure corporations that are making record profits pay their fair share in taxes. When they do, we can invest in a future that includes all of us.

Thank you,
Andrea Haverdink
Digital Director
Americans for Tax Fairness

[1] “55 Corporations Paid $0 in Federal Taxes on 2020 Profits,” ITEP, April 2, 2021