Zero tax bill flags effective rate as red flag
MMM is cited as one of the profitable companies that reportedly paid zero federal income tax by using “creative” tax-code strategies, which frames its effective tax rate as a red flag even if it isn’t illegal.
MMM is cited as using creative but legal tax-code strategies to eliminate federal income tax liability, framing its effective tax rate as a reputational and regulatory risk even absent illegality.
"Disney Paid Less Tax Than You 😳"