A quick google says that Lilly had a net income of 2.9 BILLION dollars, for just one quarter of this year.
A 100 million gift is a lovely thing.
Rough brain math says that’s 3.7% of the quarterly income, or 0.85 percent of their yearly.
it is, however, more than they paid their CEO.
So even a 1% tax would yield more than this, from ONE company only, in One year only.
Imagine if we had a National Parks National Tax rate of 1/4 % on large companies.
