Honest, paywall-free news is rare. Please support our boldly independent journalism with a donation of any size.
A new Citizens for Tax Justice report detailing how little corporations pay in federal corporate income tax also noted that financial firms receive the highest percentage of federal tax subsidies, collecting nearly 17 percent of the tax largesse that the government hands out. The largest single recipient of federal tax subsidies over the last three years was mega-bank Wells Fargo.
An important fundraising appeal: 24 Hours to raise $18,000
Truthout is one of only a few platforms for justice-oriented, grassroots journalism. Today, as political censorship from the right intensifies, we have no choice but to ask for your help.
We are fundraising right now to cover our basic operating expenses. If you can support Truthout with a one-time or monthly donation, you will make a significant impact on our work. Anything you can do makes a difference — we appreciate your support.