Four Big Tech Companies Avoid $51 Billion in Taxes in Wake of #Trump’s One Big Beautiful Bill Act

“ The annual financial reports recently released by #Amazon, #Alphabet, #Meta, and #Tesla disclose that these corporations collectively reported $315 billion in US profits for 2025.

Yet they collectively paid just 4.9% of that amount in federal corporate income taxes not the usual 21% federal rate.

Tesla paying exactly zero.”

itep.org/trump-meta-tesla-alph…

Four Big Tech Companies Avoid $51 Billion in Taxes in Wake of One Big Beautiful Bill Act

Four of the corporations whose CEOs flanked President Trump at his 2025 inauguration ceremony have now disclosed that they collectively received $51 billion in federal tax breaks in 2025, much of that likely from the One Big Beautiful Bill Act (OBBBA…

^{Matthew Gardner (Institute on Taxation and Economic Policy)}