Bernie Sanders Is Right on U.S. Corporate Taxes – Most Pay Zero

Bernie Sanders is fond of pouncing on the topic of U.S. corporate taxes on the campaign trail. Specifically, he says companies need to pay their "fair share." And a recent Government Accountability Office (GAO) has confirmed what Sanders has been saying. Nearly 20% of large U.S. companies that turn a profit pay no corporate taxes to Uncle Sam in any given year, the GAO found. Nearly 20% of large companies pay zero in U.S. corporate taxes in any given year. Here's how they pull it off - and why this abomination will never be fixed... Tags: us corporate taxes To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Bernie Sanders Is Right on U.S. Corporate Taxes – Most Pay Zero appeared first on Money Morning - We Make Investing Profitable .