Analysis by the UNC Tax Heart exhibits simply six publicly traded U.S. corporations, together with Amazon and Warren Buffett’s Berkshire Hathaway Inc., would have paid half the estimated $32 billion in income generated by a 15% company minimal tax signed into regulation final month. “Who really pays loads is simply not very many companies in any respect,” mentioned Jeff Hoopes, UNC Kenan-Flagler Enterprise Faculty professor and the middle’s analysis director. “My guess is it won’t be the identical companies each single 12 months.” The examine, co-authored by Hoopes and Analysis Affiliate Christian Kindt, obtained protection within the Wall Road Journal, Barron’s, Bloomberg, Yahoo! Finance and CNBC.
