Fact: Jen Kiggans and House Republicans are accused of planning to rig the tax code to benefit the well-off and well-connected at the expense of middle class families if they maintain the majority.
– Millions of Americans file their tax returns by April 15 as a civic responsibility
– Giant corporations like Nike and FedEx find ways to pay less in taxes despite earning record profits
– New Jersey is proposing to reverse a corporate tax cut for companies making over million in annual profits
– Many large corporations pay lower tax rates than the average household, with some even avoiding taxes entirely
– Corporations use tax avoidance strategies to hoard wealth for shareholders and executives
– New Jerseyans oppose the expiration of a Corporate Business Tax surcharge on profitable corporations to help pay for NJ Transit
– States need to challenge corporate tax avoidance and invest in core infrastructure
– Corporations prioritize maximizing profits over the public good through tax avoidance
– New Jersey legislators are urged to reinstate the full surtax on profitable mega corporations and close tax loopholes to ensure corporations pay their fair share in taxes.
Mark Cuban is ready to pay 5,000,000 in taxes to the IRS and corrected the number from 8 million after hearing from KPMG.