Nike CEO John Donahoe Unphased by Public Outrage over Nike’s $0 Tax Bill

There has been a steady push by the Biden administration to raise taxes on corporations since the White House changed tenants in January. A novel concept—that might just have some merit, particularly after a new study finds that at least 55 of America’s largest paid no taxes last year on billions of dollars in profits. Q4 2020 hedge fund letters, conferences and more While there has been a long standing tradition of big businesses dodging taxes in the U.S., the scale at which it happens spiked following the sweeping tax bill passed in 2017 by Trump and Co. It reduced the corporate tax rate fro…

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HEDGE accordingly