Warren succinctly articulates the overwhelming case for a minimum federal corporate tax rate in this segment. The most profitable companies paying zero to little is not defensible.
“What’s happening right now in America, is these small businesses … pay their taxes at the full rate. They got to pay the whole thing,” Warren said. “You look at businesses like FedEx and Nike, businesses like Amazon, and they pay zero. Right now there’s a thumb on the scale in the tax part of this, and that is a thumb to help the giants.” Here is a direct video link.