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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

Yahoo · Published by source:

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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.

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Original title and summary

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.