Nukewatch

Working for a nuclear-free future since 1979

  • Issues
    • Weekly Column
    • Counterfeit Reactor Parts
    • Depleted Uranium
    • Direct Action
    • Lake Superior Barrels
    • Environmental Justice
    • Nuclear Power
      • Chernobyl
      • Fukushima
    • Nuclear Weapons
    • On The Bright Side
    • Radiation Exposure
    • Radioactive Waste
    • Renewable Energy
    • Uranium Mining
    • US Bombs Out of Germany
  • Quarterly Newsletter
    • Quarterly Newsletter
    • Newsletter Archives
  • Resources
    • Nuclear Heartland Book
    • Fact Sheets
    • Reports, Studies & Publications
      • The New Nuclear Weapons: $1.74 Trillion for H-bomb Profiteers and Fake Cleanups
      • Nuclear Power: Dead In the Water It Poisoned
      • Thorium Fuel’s Advantages as Mythical as Thor
      • Greenpeace on Fukushima 2016
      • Drinking Water at Risk: Toxic Military Wastes Haunt Lake Superior
    • Nukewatch in the News
    • Links
    • Videos
  • About
    • About Nukewatch
    • Contact Us
  • Get Involved
    • Action Alerts!
    • Calendar
    • Workshops
  • Donate

July 6, 2019 by Nukewatch Leave a Comment

Tax-Free Nuclear Weapons Gravy Train

Nukewatch Quarterly Summer 2019

Among the 30 most profitable corporations that paid no, nada, $0 federal income taxes in 2018, are a rogue’s gallery of nuclear power and nuclear weapons profiteers. As if tax-payer funded research & development, insurance and waste management subsidies, property tax breaks, and legislative protection from market competition weren’t hand-outs enough, zeroed corporate income tax bills put some giants in a cushier cat bird seat. Often, the same firms were given “tax rebates that could be used to reduce their tax burdens in other years,” the New York Times reported. The nuclear weapons and reactor firms that paid no federal taxes in 2018 include:

• Xcel Energy, which runs three nuclear reactors in Minnesota

• Honeywell, which operates nuclear weapon production sites in Kansas City, Missouri and Pantex, Texas, and works on tanks, cargo planes, military helicopters, and Reaper drones

• Duke Energy, which runs the 11 reactors at Catawba, McGuire, Oconee, Shearon Harris, HB Robinson, and Brunswick

• Dominion Energy, which operates the five reactors at Millstone, North Anna, and Surry stations.

— Institute on Taxation & Economic Policy, via New York Times, April 29, 2019

Filed Under: Military Spending, Newsletter Archives, Nuclear Weapons, Quarterly Newsletter

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

  • Facebook
  • Twitter

Subscribe

Donate

Facebook

Categories

  • B61 Bombs in Europe
  • Chernobyl
  • Counterfeit Reactor Parts
  • Depleted Uranium
  • Direct Action
  • Environment
  • Environmental Justice
  • Fukushima
  • Lake Superior Barrels
  • Military Spending
  • Newsletter Archives
  • North Korea
  • Nuclear Power
  • Nuclear Weapons
  • Office News
  • On The Bright Side
  • Photo Gallery
  • Quarterly Newsletter
  • Radiation Exposure
  • Radioactive Waste
  • Renewable Energy
  • Sulfide Mining
  • Through the Prism of Nonviolence
  • Uncategorized
  • Uranium Mining
  • US Bombs Out of Germany
  • War
  • Weekly Column

Contact Us

(715) 472-4185
nukewatch1@lakeland.ws

Address:
740A Round Lake Road
Luck, Wisconsin 54853
USA

Donate To Nukewatch

News & Information on Nuclear Weapons,
Power, Waste & Nonviolent Resistance

Stay Connected

  • Facebook
  • Twitter

© 2023 · Nukewatch