CNN Early Start with Christine Romans and Dave Briggs December 17, 2019 10:46:00
Chevr chevron, halliburton, ibm, but those megacorporations paid no taxes last year. there's nearly 100 companies to pay an effective tax rate of zero for 2018. that's according to a new report from the institute of taxation and economic policy. 2018 is the first year followed the big tax cuts championed by president trump. among those fortune 500 firms, 379 paid an effective income tax rate of just over 11%. 11% of the 2018 income. that's about half the statutory tax rate of 21%. we'll be right back. about bringing families together. this time of year, that's really important. so we're making...