Corporations will avoid almost $1.3 trillion in U.S. taxes in the next decade due to "deferral”: Tax revenue lost from the "deferral" loophole, 2015–2024 (billions)
Year | Deferral |
---|---|
2015 | $99.3 |
2016 | 108.9 |
2017 | 114.0 |
2018 | 118.1 |
2019 | 123.2 |
2020 | 128.4 |
2021 | 133.8 |
2022 | 139.4 |
2023 | 145.2 |
2024 | 151.3 |
Source: ATF and EPI analysis of JCT (2015, 29)