Tesla and 113 other companies paid no current federal income tax, but they still aren’t the biggest threats to the federal deficit, think tank warns
The Institute on Taxation and Economic Policy found more than 700 profitable companies paid less than half of the 21% statutory corporate tax rate, the lowest rate in decades.
Full story
Read the full story at Fortune ↗
Continue reading this story on Fortune, the publisher that reported it.
AI tools
Written by AI from the article text. It can make mistakes; check the original story.
