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Why do GM, Ford get tax refunds?

Mar 01, 2019 - Detroit Free Press

"The fraction of revenues to the federal government that is paid by corporate taxes has gone way, way down, and it's true we don't want to have punitive taxes on corporations because they do important work, they employ people and make products. But the long-term trend has been on benefiting high-income individuals."

Charles Ballard an economics professor

at Michigan State University

General Motors has not paid federal taxes in more than a decade. In fact, it will likely not pay...