Insight: Even after Biden tax hike, U.S. firms would pay less than foreign rivals | Reuters

U.S. companies pay less income tax than their overseas competitors and would likely continue to do so under a tax hike proposed by President Joe Biden, according to a Reuters analysis of filings ... Read More

Biden's 15% corporate tax is stuck in limbo as it faces fierce lobbying - The Washington Post

It was a simple idea: Major U.S. corporations should pay at least a 15 percent tax on their income, ending an era when some of the country’s most profitable firms owed the federal government ... Read More

Biden Tax Plan Targets Profitable Companies That Pay Almost Nothing - WSJ - The Wall Street Journal

Profitable companies could no longer use legal breaks to drive their U.S. tax bills almost to zero under Joe Biden’s proposal to increase and overhaul corporate taxes. Read More

Biden's tax-hike plan would cost the US economy nearly 800K jobs

Findings from the Tax Foundation, a group that advocates for lower taxes, found the higher taxes laid out in Biden's sweeping budget blueprint for federal spending in fiscal 2025 would reduce ... Read More

Dozens of profitable U.S. companies haven't had a federal tax expense since Trump's rate cut - CBS News

Biden details $2 trillion plan to rebuild U.S. infrastructure 02:11. Earlier this week, Mr. Biden outlined a plan to increase what U.S. companies pay in federal taxes by $2 trillion over the next ... Read More

Dozens of big U.S. companies paid top executives more than they paid in federal taxes, report says - CBS News

President Biden unveils budget proposal 04:41. Top executives of dozens of major U.S. companies received more in their compensation packages from 2018 to 2022 than the businesses paid in federal ... Read More

Biden reignites push for new minimum tax on billionaires: What to know

The president first floated a minimum tax on the wealthiest Americans in 2022, calling for a 20% rate that would hit both the income and unrealized capital gains of U.S. households worth more than ... Read More

Which Large U.S. Corporations Would Pay Biden’s 15% Minimum Tax? - Forbes

Lowest level of tax concept, knob. 3D rendering. getty. We estimate that 33 of the 100 largest U.S. companies could be subject to President-elect Joe Biden’s proposed corporate minimum tax and ... Read More