Corporate taxes

How much corporations pay in federal and state taxes, at what rate, how profits held abroad are taxed, and the tax breaks and abatements that lower what they owe.

Stop tax breaks and loopholes for big corporations

8 members
Annie Andrews
Senate · South Carolina · Democrat
“End special tax breaks for data centers, companies that ship jobs overseas, private equity firms, and hedge funds.”
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“End tax breaks for the ultra-wealthy and corporate polluters”
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Sherrod Brown
Senate · Ohio · Democrat
“Ohio deserves a leader who will fight to protect our communities instead of plotting to give sweetheart tax breaks to giant corporations.”
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Abdul El-Sayed
Senate · Michigan · Democrat
“I’ll fight against corporate tax breaks and the capture of our economy by billionaires and wanna-be oligarchs.”
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Peggy Flanagan
Senate · Minnesota · Democrat
“Instead of fighting for regular folks, Congress passes bills that give corporations and the wealthiest Americans special treatment: from tax loopholes to limits on what they pay into Social Security and Medicare. Peggy will fight to stop this special treatment and unrig our system for you and me.”
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Troy Jackson
Senate · Maine · Democrat
“Maine’s tax code is upside down. Working and middle-class families pay their taxes every paycheck, while the wealthiest people and biggest corporations too often benefit from loopholes, low rates, and special treatment. Troy Jackson believes it is time to fix that.”
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“Maine should not be giving away tax advantages to corporations while ordinary people are being told there is not enough money for the basics.”
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Chris Pappas
Senate · New Hampshire · Democrat
“Instead of giving big tax breaks to billionaires and big corporations, let’s invest in the middle class, in things like housing and child care, that will grow the economic pie and provide some relief to folks who need it.”
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James Talarico
Senate · Texas · Democrat
“Even the playing field between giant corporations and small businesses: End the extreme tax breaks that allow the largest corporations to pay $0 in federal income taxes so that we can help more entrepreneurs make their dreams a reality. Expand support for Community Development Financial Institutions and community banks to increase access to credit and capital, broaden eligibility for Small Business Administration loan programs, and support states in providing more equity investment and technical assistance for small businesses.”
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“Hold data centers accountable and stop them from jacking up our utility bills: End sweetheart tax deals for big tech companies, guarantee large energy users like data centers fund the infrastructure improvements they need rather than passing those costs on to consumers, require new data centers to use a closed-loop system to reduce water consumption and pollution, set minimum federal requirements for new data center projects to protect our grid, environment, and jobs and ensure transparency, and empower local communities to decide whether they want a data center in their town.”
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“Make corporations pay their fair share in taxes — including by raising the corporate tax rate (it has fallen by HALF since the mid-1980s!), ending the “carried interest” tax loopholes that allow hedge funds to avoid paying billions that they owe, and rolling back other extreme tax breaks that allow the largest corporations to pay $0 in federal income taxes.”
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Josh Turek
Senate · Iowa · Democrat
“Cut taxes for the middle class and working families and close loopholes for billionaires and big corporations.”
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Make big corporations pay more in taxes

3 members
Abdul El-Sayed
Senate · Michigan · Democrat
“Taxing the top tier of wealth in this country is one way to finally build an America that works for working people. The Fair Share Tax Agenda is about unrigging a system that has placed an undue burden on working Michiganders while giving corporations and billionaires a free pass.”
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Troy Jackson
Senate · Maine · Democrat
“Tax the billionaires and greedy corporations.”
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“Put working people first: Cut taxes for working people, make corporations and the wealthy pay their fair share, and strengthen the right to organize.”
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“Tax billionaires and make large corporations pay their fair share”
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“Billionaires and big corporations aren't paying their fair share while working families struggle to make ends meet. Troy will make them pay, including by lifting the cap so the wealthiest Americans pay into Social Security at the same rate working people do.”
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James Talarico
Senate · Texas · Democrat
“In the Senate, he’ll cut taxes for working people, cap credit card interest rates, and lower the cost of rent, groceries, utilities, and gas by making billionaires and giant corporations pay their fair share.”
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“Pass a cost-of-living tax cut for the middle class: Expand the Child Tax Credit and Earned Income Tax Credit, restore the ACA Tax Credits, and provide a tariff rebate to Americans who have been paying too much for everything, and pay for it by closing tax loopholes and making the wealthiest Americans and giant corporations pay their fair share.”
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“Create a fairer tax system: Make giant corporations and the wealthiest Americans pay their fair share of taxes. (That way, we can cut taxes for working families and small businesses.)”
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“Make corporations pay their fair share in taxes — including by raising the corporate tax rate (it has fallen by HALF since the mid-1980s!), ending the “carried interest” tax loopholes that allow hedge funds to avoid paying billions that they owe, and rolling back other extreme tax breaks that allow the largest corporations to pay $0 in federal income taxes.”
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Raise taxes on corporate stock buybacks

2 members
Sherrod Brown
Senate · Ohio · Democrat
“He also passed the first-ever law to increase taxes on stock buybacks – where executives reward themselves instead of investing in workers and innovation – to support the economy.”
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James Talarico
Senate · Texas · Democrat
“Raise the tax on corporate stock buybacks, which corporations use to artificially inflate their stock prices instead of making investments in research and development or to pay their employees the full value of their work.”
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Raise the corporate income tax rate

1 member
James Talarico
Senate · Texas · Democrat
“Make corporations pay their fair share in taxes — including by raising the corporate tax rate (it has fallen by HALF since the mid-1980s!), ending the “carried interest” tax loopholes that allow hedge funds to avoid paying billions that they owe, and rolling back other extreme tax breaks that allow the largest corporations to pay $0 in federal income taxes.”
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End tax breaks for companies that ship jobs overseas

1 member
Annie Andrews
Senate · South Carolina · Democrat
“End special tax breaks for data centers, companies that ship jobs overseas, private equity firms, and hedge funds.”
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Use tax breaks to reward companies that invest and hire in America

1 member
Kevin Hern
Senate · Oklahoma · Republican
“I also authored tax cuts which President Trump signed into law to enhance private sector investment in factories and American manufacturing while bringing business back to the United States.”
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Crack down on corporate tax evasion and avoidance

1 member
Abdul El-Sayed
Senate · Michigan · Democrat
“Stopping corporate tax evasion and price gouging”
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Tax big corporations at no lower rate than workers and small businesses

1 member
Peggy Flanagan
Senate · Minnesota · Democrat
“Small businesses need programs in place that allow them to compete with larger corporations, attract top talent, and grow. Peggy believes the government should invest in small business loans and level the playing field so small businesses don’t pay a higher tax rate than giant corporations like Amazon.”
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Tax corporations that pay executives far more than workers

1 member
James Talarico
Senate · Texas · Democrat
“Raise wages and reward hard work: Raise the federal minimum wage to $15 an hour, expand overtime eligibility, and incentivize CEOs to pay fair wages by creating a special tax on corporations that pay their top executives more than 250 times their median worker’s salary. Implement tax credits and subsidies to help small- and medium-sized businesses adapt to a minimum wage raise without cutting jobs or hours.”
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