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Ohio Capital Journal Photo from Getty Images. They’re making billions and they’ve gotten hefty subsidies from ratepayers. Yet three big energy companies doing business in Ohio haven’t paid federal income tax since the 2017 Trump tax cuts, according to a new report. In fact, Akron-based FirstEnergy, Columbus-based AEP and Charlotte, N.C.-based Duke Energy had negative effective tax rates, according to the report by the Institute on Taxation and Economic Policy, a nonprofit, non-partisan think tank. The paper, which analyzed tax disclosures in the corporations’ annual reports, found that 55 profitable companies didn’t pay any federal income tax in 2020, and 26 hadn’t paid any in the three years since the Trump tax law, known as the “Tax Cuts and Jobs Act.” ....
Three Ohio energy giants havenât paid federal income taxes in three years John Minchillo/AP In this Wednesday, May 20, 2015 photo, contractors walk past a capacitor bank at an AEP electrical transmission substation in Westerville, Ohio. (AP Photo/John Minchillo) and last updated 2021-04-07 07:12:47-04 CLEVELAND â The following article was originally published in the Ohio Capital Journal and published on News5Cleveland.com under a content-sharing agreement. Theyâre making billions and theyâve gotten hefty subsidies from ratepayers. Yet three big energy companies doing business in Ohio havenât paid federal income tax since the 2017 Trump tax cuts, according to a new report. ....
Ex-politician in prison in adoption scam gets 5 more years darientimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from darientimes.com Daily Mail and Mail on Sunday newspapers.
Ex-politician in prison in adoption scam gets 5 more years journalnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalnow.com Daily Mail and Mail on Sunday newspapers.
Ex-politician in prison for illegal adoption scheme gets 5 more years eastidahonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastidahonews.com Daily Mail and Mail on Sunday newspapers.