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706 corporations raked in $198 billion in tax breaks last year. That's on top of $263 billion in tax breaks from the corporate rate cut in 2017. Their collective tax rate for 2025 is the lowest we've ever tracked.

26/10/26, 3:45 pm8 reposts11 likes

ITEP

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Our detailed analysis of annual financial reports for corporations in every sector of the U.S. economy paints a picture of a corporate tax system that is now more loophole than law. itep.org/corporate-ta...

itep.orgAfter Two Rounds of Trump Tax Cuts, Corporate America Paid Less Than Ever in 2025In 2025, 706 major American corporations collectively paid a federal income tax rate of just 10.4% on $1.88 trillion in U.S. profits. This is the lowest effective rate that ITEP has uncovered in over ...