Net profit margins for S&P 500 companies are on track to hit a 17-year high this year.

    Thanks to Trump’s corporate tax cuts, 88 of the largest companies in America paid ZERO in federal income last year despite $105 billion in profits.

    https://i.redd.it/ycec8xzr8fyg1.jpeg

    Posted by Conscious-Quarter423

    2 Comments

    1. Distinct-Garlic9453 on

      Corporations are pass thru entities

      They are as almost never going to pay tax.

      As a matter of fact, the higher the rate, the more that will get passed thru.

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