HOLY DEPRECIATION WRITEOFF | Microsoft pays only 2.4 percent federal tax rate on (record) $101 Billion in profits.
Microsoft’s latest annual financial report shows the company achieved record profitability while it avoided federal income tax on almost all of its U.S. income for fiscal year 2026. The company’s 2.44 percent federal tax rate on over $100 billion of U.S. income is largely attributable to tax breaks that were either created or expanded by … Read more