Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.
Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.
No they’re not. Most file as Pass Through Entities.
https://taxpolicycenter.org/briefing-book/corporate-income-double-taxed
Oh look, your source backs me up. The majority of corporations file as pass throughs. And that trend has only increased since 2015 when that graph ends .
Read a little more than just looking at a picture. Passthroughs are not corporations…which is what we were talking about.
And just in case you are going to try to attempt a “gotcha” at me about s-corps, 75% of corporations are c-corps…by far the one most people are familiar with (and angry about).