Fund the Fight Demanding the Biden Administration Stand Firm Against Corporate Pressure and Keep the 15% Minimum Tax on Billion Dollar Corporations Now!
In 2020, 55 of the largest corporations in the U.S. paid $0 in federal taxes, despite having substantial pre-tax income. If those corporations had paid their share of taxes, it would have amounted to $8.5 billion in revenue for the federal government.
Last year, Congress passed and President Biden signed a law setting a 15% corporate profits minimum tax on billion-dollar corporations. This was done to stop major corporations like Amazon and FedEx from paying little or nothing in federal taxes.
But lobbyists representing major corporations are fighting to maintain tax loopholes abused by these tax dodging corporations.
Truck drivers, nurses, and teachers should not pay more in federal taxes than multi-billion-dollar corporations.
Contribute to Democracy for America Advocacy Fund and fund the fight demanding the Biden administration stand firm against corporate pressure and keep the 15% minimum tax on billion-dollar corporations now >>
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