This is the lowest amount Treasury has collected from business in nearly a decade as our national debt has ballooned to $22 trillion. This is both fiscally and morally irresponsible.
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Thanks to Trump’s tax cuts, big corporations are benefitting the most, paying an effective tax rate of only 7%. We’ve collected $91 billion less from corporations in 2018 than 2017. https://finance.yahoo.com/news/corporations-paid-91-billion-less-in-taxes-in-2018-under-trumps-tax-law-160745447.html …
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