NRPLUS MEMBER ITEM
Likewise is a tragic comedy in three parts:
- Politicians waive tax credits in favor of Corporation X.
- Corporation X accepts tax credits.
- Politicians are outraged by Corporation X’s tax returns.
The New York Times invites its readers to be shocked and appalled that dozens of large corporations have not paid federal income tax in the past three years, despite making a lot of money. Topping the list is Duke Energy, which has made nearly $ 8 billion in the past three years and has an effective corporate tax rate of. . . negative…