The fact that Jacobs has 80,000 employees with 400 offices worldwide and in 2020 had a negative tax liability of over 17% struck me as worthy of note. The following paragraph isn't TOO far down in the Wiki article....in case you wanna see some more of the story.
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In April 2021, the Institute on Taxation and Economic Policy listed the top 55 corporations that paid $0 in taxes for the year 2020. Jacobs Federal Income Taxes for that year were negative $37 million dollars for an Effective Tax Rate of −17.4%.[16]
I chanced upon Jacobs Solutions when they were mentioned as having written a report on oil sands in Canada.
I have to wonder how many of the folks who "stormed the Capitol" on January 6th wanted Jacobs to help rule the nation; or even know that they probably do.
From his Wikipedia page:
Jacobs also authored two books. The first, The Anatomy of an Entrepreneur: Family, Culture and Ethics, was an autobiography published in 1991. The second, Compassionate Conservative: Assuming Responsibility and Respecting Human Dignity, was published in 1995
Hi there! Thanks for this post. Yes it is one of my pet peeves, I do not all understand it, but how is that even possible.
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