Enact a Real Corporate Profits Tax on very large companies' reported profits, taxing profits above $100 million at 7% with no loopholes or exemptions, including foreign profits.

That’s why I’m proposing a big new idea: the Real Corporate Profits Tax. This new tax applies to the profits very large American companies report to their investors — with no loopholes or exemptions. It will make our biggest and most profitable corporations pay more and ensure that none of them can ever make billions and pay zero taxes again.

Warren proposes a Real Corporate Profits Tax applying to companies reporting more than $100 million in profits, with a 7% tax on profits above that threshold, no loopholes or exemptions, and foreign profits taxed like U.S. profits.

Real Corporate Profits Tax | Elizabeth Warren
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