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Department of the Treasury

Corporate Alternative Minimum Tax

Community Member kudos icon + Community member
Multiple large corporations, including General Electric, that do business with the government, paid $0 Federal income tax in 2010. This corporate tax is a lower rate on income than the minimum wage farmworkers and teachers get paid. Every Servicemember pays their fair share. This inequity is due to enormous loopholes, and corporate finance officers do precisely what they are obligated to do by law - pay the least taxes.... more »