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Please verify your request Advertisement When the White House announced President Joe Biden’s American Jobs Plan, the $2.3 trillion infrastructure plan it paired it with a tax plan it promised would “make sure corporations pay their fair share in taxes.” Administration officials and the president himself pointed to studies that showed how many Fortune 500 companies, the largest in the country by revenue, paid nothing in federal income taxes. “A new, independent study put out last week found that at least 55 of our largest corporations use the various loopholes to pay zero federal tax, income tax, in 2020,” Biden said last week in a speech promoting his plan. “It’s just not fair. It’s not fair to the rest of the American taxpayers. We’re going to try to put an end to this.”

United statesThe white houseDistrict of columbiaWhite houseJeff steinDan shaviroSteve rosenthalRevenue serviceTax policy centerYork universityPresident joe bidenAmerican jobs planWashington postInternal revenueNew york universityஒன்றுபட்டது மாநிலங்களில்