in 2018, 91 companies paid zero in corporate taxes. and the effective rate is 11% versus the 21%. that s remarkable. i m glad you brought that up. that is from, as you said yesterday, institute on taxation and economic policy. companies paying a collective tax rate 161%, barely more than half the 21% rate established by the tax law. it s 2121% tax rate for years i ve heard companies say we need a corporate tax rate like 21%. they got a rate lower tan asked for and used it to buy back shares which benefits shareholders not building big factories and things like that. i wonder how that tax message will resonate. what i hear from allies of the president is that they think the economy is good for them. they finishing the election happened today and voters went in to the polling place with the economy on their mind, their own personal finances on their mind, trump will win. the economy is in a different
smith writing i hereby challenge a.j. sulzberger, the publisher of the new york times and business action to make such an editor to a public debate in washington, d.c., with me in the fedex corporate vice president of tax. it was funny today, the new york times says that fedex s colorful response does not challenge a single fact in our story. fedex s invitation is clearly a stunned, and effort to distract from the findings of our story. according to the institute on taxation and economic policy, fedex isn t alone. at least 60 companies paid zero taxes last year. bret. bret: just like to note, special report would love to host a debate right here. susan, thank you. still ahead, kanye west goes to church, and it s not just any kind of sunday service, we will bring you there. plus, prince andrew on allegations he had sex with an underage woman when he was buddies with jeffrey epstein. we price, hundreds of our experts go beyond the
taxation and economic policy, amazon does not collect taxes with third-party vendors on site. which does create a price advantage over brick-and-mortar stores.donald trump also gives amazon having a sweet deal with the u.s. postal service. but the service is making money off of amazon. federal law prohibits package delivery below absolute costs. and they say this is unprecedented. are legitimate things we can look at with amazon. but the erratic approach to this undermines the stakes a little bit. amazon declined comment. while not battling public they working behind the scenes with more than 2000 lobbyists in the other washington hoping to avoid a legal showdown with the administration. in seattle, dan springer, fox news. thank you dan springer from pacific northwest. meanwhile attending easter ceremonies today. the service is always packed during holiday. how churches hope to keep the easter crowds coming all year long. did you hear about this one?
$0.25, the gas tax was 18.4. scented was last raised in 1993 we have had 167% inflation.s, if we raise it by $0.12 it would be keeping it up with inflation. a lot of gas tax is wasted, let s forget about all the deadbeats on welfare. they take some of that money from mass transit in new york or washington whenever you do that all they do a is increase s increased civil service salarie salaries. tucker: i m with the one all of that stuff but for some reason the chamber ofmb congress pushing that gas tax stuff. one of the biggest companies in the world whose owner s jeff bezos, do you know what they paid in federal tax? nothingng. according to reports, the institute on taxation and economic policy, amazon paid nothing. that s their business is using
of statement and to take a second to assess how this would impact johnson & johnson. and that was the message i tried to convey to him. and so he responded. what did he say? he did. i was very glad that he responded. he said that he was keeping the wellbeing of all johnson & johnson employees in mind when making decisions. he thanked me for sharing my story with him. and he said that he supported me. and that was really reassuring and that kind of empowered me to go back to work and continue to reach out for help. to make sure that i m holding my employer accountable to the values that they say they have, which are values that i m ali aligned with, values that drew me to j & j. it was very comfortable and reassuring to have his support. since you re a financial analyst, let me read some numbers we can all consider. they come from the institute on taxation and economic policy. which estimated the potential