What is even more funny, is that the report does not say how many companies made a profit to pay the tax and avoided it through credits or other means. Nor did the report say how many of the companies were S-corps and the federal tax would than be paid on personal income tax.

The company I work for does not pay income tax because we lose money. We have a high depreciation and interest expense which results in a net loss for us.

Maybe this is a point for going towards a flat tax or national sales tax.