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How much taxes did these four big tech corporations avoid paying then?
Tesla: $1.2 billion
Amazon: $17.5 billion
Meta: $13.7 billion
Alphabet: $18.4 billion
That's about $51 billion in taxes avoided.
Tesla: $1.2 billion
Amazon: $17.5 billion
Meta: $13.7 billion
Alphabet: $18.4 billion
That's about $51 billion in taxes avoided.
Four big tech companies avoided $51 billion in federal income tax last year.
Here's how much they paid:
Tesla: 0%
Amazon: 1.4%
Meta: 3.6%
Alphabet: 8%
itep.org/trump-meta-t...
Here's how much they paid:
Tesla: 0%
Amazon: 1.4%
Meta: 3.6%
Alphabet: 8%
itep.org/trump-meta-t...
Four Big Tech Companies Avoided $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...
itep.org
February 9, 2026 at 3:47 PM
How much taxes did these four big tech corporations avoid paying then?
Tesla: $1.2 billion
Amazon: $17.5 billion
Meta: $13.7 billion
Alphabet: $18.4 billion
That's about $51 billion in taxes avoided.
Tesla: $1.2 billion
Amazon: $17.5 billion
Meta: $13.7 billion
Alphabet: $18.4 billion
That's about $51 billion in taxes avoided.
Four big tech companies avoided $51 billion in federal income tax last year.
Here's how much they paid:
Tesla: 0%
Amazon: 1.4%
Meta: 3.6%
Alphabet: 8%
itep.org/trump-meta-t...
Here's how much they paid:
Tesla: 0%
Amazon: 1.4%
Meta: 3.6%
Alphabet: 8%
itep.org/trump-meta-t...
Four Big Tech Companies Avoided $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...
itep.org
February 6, 2026 at 5:43 PM
Four big tech companies avoided $51 billion in federal income tax last year.
Here's how much they paid:
Tesla: 0%
Amazon: 1.4%
Meta: 3.6%
Alphabet: 8%
itep.org/trump-meta-t...
Here's how much they paid:
Tesla: 0%
Amazon: 1.4%
Meta: 3.6%
Alphabet: 8%
itep.org/trump-meta-t...
NEW: Meta paid an income tax rate of just 3.5% last year.
That’s the company’s lowest tax rate since it went public.
Mark Zuckerberg's social media giant avoided $13.7 billion of federal income taxes in 2025.
itep.org/meta-tax-bre...
That’s the company’s lowest tax rate since it went public.
Mark Zuckerberg's social media giant avoided $13.7 billion of federal income taxes in 2025.
itep.org/meta-tax-bre...
Meta’s Federal Tax Rate Hits an All-Time Low Due to Breaks Expanded by Trump Tax Law
The company paid an effective federal income tax rate of just over 3.5% in 2025, the lowest it has recorded since the company went public as Facebook in 2012.
itep.org
February 4, 2026 at 3:39 PM
NEW: Meta paid an income tax rate of just 3.5% last year.
That’s the company’s lowest tax rate since it went public.
Mark Zuckerberg's social media giant avoided $13.7 billion of federal income taxes in 2025.
itep.org/meta-tax-bre...
That’s the company’s lowest tax rate since it went public.
Mark Zuckerberg's social media giant avoided $13.7 billion of federal income taxes in 2025.
itep.org/meta-tax-bre...
Taxpayer services are, unsurprisingly, in worse shape as lawmakers gut the IRS.
Filing your taxes should be easy, fast, and free. But it seems that the Trump administration is working to do the opposite.
www.forbes.com/sites/kellyp...
Filing your taxes should be easy, fast, and free. But it seems that the Trump administration is working to do the opposite.
www.forbes.com/sites/kellyp...
Watchdog Warns IRS May Struggle During The 2026 Tax Filing Season
Staffing losses, backlogs of unprocessed tax returns, and tech delays leave the agency entering filing season under strained conditions, according to TIGTA.
www.forbes.com
February 3, 2026 at 4:34 PM
Taxpayer services are, unsurprisingly, in worse shape as lawmakers gut the IRS.
Filing your taxes should be easy, fast, and free. But it seems that the Trump administration is working to do the opposite.
www.forbes.com/sites/kellyp...
Filing your taxes should be easy, fast, and free. But it seems that the Trump administration is working to do the opposite.
www.forbes.com/sites/kellyp...
The lobbying efforts of big tax-prep corporations are forcing Americans to rely on private services.
Intuit claimed more in research and development tax breaks than the entire cost of Direct File, the IRS's now-defunct free tax filing program.
itep.org/intuit-helpe...
Intuit claimed more in research and development tax breaks than the entire cost of Direct File, the IRS's now-defunct free tax filing program.
itep.org/intuit-helpe...
Intuit Helped Limit Americans’ Tax Filing Options While Raking in Millions in Tax Breaks
As tax filing season begins, families have fewer options than last year, thanks to the heavy lobbying efforts of big tax-preparation corporations like Intuit (the parent company of TurboTax).
itep.org
February 2, 2026 at 7:04 PM
The lobbying efforts of big tax-prep corporations are forcing Americans to rely on private services.
Intuit claimed more in research and development tax breaks than the entire cost of Direct File, the IRS's now-defunct free tax filing program.
itep.org/intuit-helpe...
Intuit claimed more in research and development tax breaks than the entire cost of Direct File, the IRS's now-defunct free tax filing program.
itep.org/intuit-helpe...
President Trump is suing the IRS, and American taxpayers will pay for it.
"Trump...now demands that American taxpayers give him $10 billion to compensate him for not being allowed to keep his tax avoidance a secret from them."
itep.org/president-tr...
"Trump...now demands that American taxpayers give him $10 billion to compensate him for not being allowed to keep his tax avoidance a secret from them."
itep.org/president-tr...
ITEP Statement: President Trump Sues the American People for $10 Billion
The following is a statement by Amy Hanauer, executive director at the Institute on Taxation and Economic Policy, in response…
itep.org
February 2, 2026 at 3:11 PM
President Trump is suing the IRS, and American taxpayers will pay for it.
"Trump...now demands that American taxpayers give him $10 billion to compensate him for not being allowed to keep his tax avoidance a secret from them."
itep.org/president-tr...
"Trump...now demands that American taxpayers give him $10 billion to compensate him for not being allowed to keep his tax avoidance a secret from them."
itep.org/president-tr...
The Trump administration now wants states to consider drastically raising sales taxes in order to eliminate corporate and personal income taxes.
Working-class families would face dramatic tax increases while the wealthiest families would see their state tax bills plummet. itep.org/trump-counci...
Working-class families would face dramatic tax increases while the wealthiest families would see their state tax bills plummet. itep.org/trump-counci...
An Anti-Affordability Agenda: Trump’s Advisors Call on States to Raise Taxes on the Working Class and Drastically Cut Taxes for the Rich
The Trump administration’s Council of Economic Advisors suggests that states consider drastically raising sales taxes and using those new revenues to pay for repealing taxes on corporate and personal ...
itep.org
January 30, 2026 at 2:34 PM
The Trump administration now wants states to consider drastically raising sales taxes in order to eliminate corporate and personal income taxes.
Working-class families would face dramatic tax increases while the wealthiest families would see their state tax bills plummet. itep.org/trump-counci...
Working-class families would face dramatic tax increases while the wealthiest families would see their state tax bills plummet. itep.org/trump-counci...
Reposted by ITEP
For the 2nd straight year, Tesla reports making billions of dollars in the US and not paying one cent of federal income tax.
This is a feature, not a bug, of the federal corporate tax laws now in place. R&D credits, bonus depreciation, executive stock options made it happen.
itep.org/tesla-report...
This is a feature, not a bug, of the federal corporate tax laws now in place. R&D credits, bonus depreciation, executive stock options made it happen.
itep.org/tesla-report...
Tesla Reported Zero Federal Income Tax on $5.7 Billion of U.S. Income in 2025
Tesla enjoyed almost $5.7 billion of U.S. income in 2025 but paid $0 in federal income tax. Over the past three years, the Elon Musk-led company reported $12.5 billion of U.S. income on which its curr...
itep.org
January 29, 2026 at 4:48 PM
For the 2nd straight year, Tesla reports making billions of dollars in the US and not paying one cent of federal income tax.
This is a feature, not a bug, of the federal corporate tax laws now in place. R&D credits, bonus depreciation, executive stock options made it happen.
itep.org/tesla-report...
This is a feature, not a bug, of the federal corporate tax laws now in place. R&D credits, bonus depreciation, executive stock options made it happen.
itep.org/tesla-report...
NEW: Tesla did not pay any federal income tax in 2025.
Elon Musk’s company received over $1.1 billion in tax breaks from American taxpayers last year alone.
Tesla avoided almost all federal income tax over the past 3 years.
itep.org/tesla-report...
Elon Musk’s company received over $1.1 billion in tax breaks from American taxpayers last year alone.
Tesla avoided almost all federal income tax over the past 3 years.
itep.org/tesla-report...
Tesla Reported Zero Federal Income Tax on $5.7 Billion of U.S. Income in 2025
Tesla enjoyed almost $5.7 billion of U.S. income in 2025 but paid $0 in federal income tax. Over the past three years, the Elon Musk-led company reported $12.5 billion of U.S. income on which its curr...
itep.org
January 29, 2026 at 4:40 PM
NEW: Tesla did not pay any federal income tax in 2025.
Elon Musk’s company received over $1.1 billion in tax breaks from American taxpayers last year alone.
Tesla avoided almost all federal income tax over the past 3 years.
itep.org/tesla-report...
Elon Musk’s company received over $1.1 billion in tax breaks from American taxpayers last year alone.
Tesla avoided almost all federal income tax over the past 3 years.
itep.org/tesla-report...
Amazon reported $61.9 billion in US income and had $82.3 billion in cash on hand at the end of 2024.
BREAKING: Amazon cuts about 16,000 jobs in the latest round of mass layoffs for the tech industry.
Amazon cuts 16,000 jobs in the latest round of layoffs
Amazon is announcing about 16,000 job cuts in the latest round of tech industry layoffs. Beth Galetti, a senior vice president at the company, shared the news in a blog post on Wednesday.
bit.ly
January 28, 2026 at 4:41 PM
Amazon reported $61.9 billion in US income and had $82.3 billion in cash on hand at the end of 2024.
Arizona's tax incentives made the state a major data center hub.
But after seeing limited job growth and ballooning costs, lawmakers are rightfully questioning why the state needs these tax cuts.
If Arizona backs out, will other states follow?
www.axios.com/local/phoeni...
But after seeing limited job growth and ballooning costs, lawmakers are rightfully questioning why the state needs these tax cuts.
If Arizona backs out, will other states follow?
www.axios.com/local/phoeni...
Arizona could pull plug on data center tax break
There's some bipartisan support for ending a data center tax incentive in Arizona.
www.axios.com
January 28, 2026 at 3:25 PM
Arizona's tax incentives made the state a major data center hub.
But after seeing limited job growth and ballooning costs, lawmakers are rightfully questioning why the state needs these tax cuts.
If Arizona backs out, will other states follow?
www.axios.com/local/phoeni...
But after seeing limited job growth and ballooning costs, lawmakers are rightfully questioning why the state needs these tax cuts.
If Arizona backs out, will other states follow?
www.axios.com/local/phoeni...
How will your taxes change this year?
Most low- and middle-income households will either see little change or actually pay more, especially when accounting for tariffs.
The richest 1% of Americans alone will receive more in net tax cuts than the bottom 80% of Americans combined.
Most low- and middle-income households will either see little change or actually pay more, especially when accounting for tariffs.
The richest 1% of Americans alone will receive more in net tax cuts than the bottom 80% of Americans combined.
January 27, 2026 at 4:05 PM
How will your taxes change this year?
Most low- and middle-income households will either see little change or actually pay more, especially when accounting for tariffs.
The richest 1% of Americans alone will receive more in net tax cuts than the bottom 80% of Americans combined.
Most low- and middle-income households will either see little change or actually pay more, especially when accounting for tariffs.
The richest 1% of Americans alone will receive more in net tax cuts than the bottom 80% of Americans combined.
The Trump admin told the public they ended taxes on Social Security. That's a lie.
The seniors who qualify for the $6,000 deduction likely don't owe federal income taxes on Social Security to begin with. Upper-income seniors will likely still pay it.
itep.org/trump-lying-...
The seniors who qualify for the $6,000 deduction likely don't owe federal income taxes on Social Security to begin with. Upper-income seniors will likely still pay it.
itep.org/trump-lying-...
President Trump is Still Lying About Ending Taxes on Social Security
Why is Trump saying that he has eliminated taxes on Social Security?
itep.org
January 26, 2026 at 7:09 PM
The Trump admin told the public they ended taxes on Social Security. That's a lie.
The seniors who qualify for the $6,000 deduction likely don't owe federal income taxes on Social Security to begin with. Upper-income seniors will likely still pay it.
itep.org/trump-lying-...
The seniors who qualify for the $6,000 deduction likely don't owe federal income taxes on Social Security to begin with. Upper-income seniors will likely still pay it.
itep.org/trump-lying-...
A new study finds that 96% of Trump's tariffs are paid for by Americans.
But this isn't a surprise considering corporate executives are publicly telling investors they are protecting profits by passing the costs of tariffs on to consumers.
time.com/7353475/trum...
But this isn't a surprise considering corporate executives are publicly telling investors they are protecting profits by passing the costs of tariffs on to consumers.
time.com/7353475/trum...
Americans Are Paying For Trump’s Tariffs, Study Finds
A new study from the Kiel Institute found that foreign exporters only absorb 4% of tariff burden.
time.com
January 21, 2026 at 2:56 PM
A new study finds that 96% of Trump's tariffs are paid for by Americans.
But this isn't a surprise considering corporate executives are publicly telling investors they are protecting profits by passing the costs of tariffs on to consumers.
time.com/7353475/trum...
But this isn't a surprise considering corporate executives are publicly telling investors they are protecting profits by passing the costs of tariffs on to consumers.
time.com/7353475/trum...
Tax credits for workers and families are a proven tool to boost people's incomes.
States can find new revenue to support these by disconnecting from parts of Trump's tax law – as D.C and Pennsylvania already have.
itep.org/state-refund...
States can find new revenue to support these by disconnecting from parts of Trump's tax law – as D.C and Pennsylvania already have.
itep.org/state-refund...
States Can Create or Expand Refundable Credits by Taxing Wealth, Addressing Federal Conformity
Many states already recognize the potential of these credits to boost low- and moderate-income households. Other states should follow suit.
itep.org
January 20, 2026 at 3:54 PM
Tax credits for workers and families are a proven tool to boost people's incomes.
States can find new revenue to support these by disconnecting from parts of Trump's tax law – as D.C and Pennsylvania already have.
itep.org/state-refund...
States can find new revenue to support these by disconnecting from parts of Trump's tax law – as D.C and Pennsylvania already have.
itep.org/state-refund...
States might hesitate to adopt OBBBA's sweeping tax changes as it harms public services and overwhelmingly benefits the wealthy.
But there’s at least one OBBBA provision worth adopting: a tax hike on excessive CEO pay.
itep.org/tax-deductio...
But there’s at least one OBBBA provision worth adopting: a tax hike on excessive CEO pay.
itep.org/tax-deductio...
Curbing Tax Deductions for Executive Pay is a Federal Tax Change States Should Get Behind
This provision in last summer’s tax law could actually make budget-balancing a little bit easier for states if they follow suit.
itep.org
January 16, 2026 at 5:32 PM
States might hesitate to adopt OBBBA's sweeping tax changes as it harms public services and overwhelmingly benefits the wealthy.
But there’s at least one OBBBA provision worth adopting: a tax hike on excessive CEO pay.
itep.org/tax-deductio...
But there’s at least one OBBBA provision worth adopting: a tax hike on excessive CEO pay.
itep.org/tax-deductio...
Reposted by ITEP
Oil and gas companies receive enormous tax breaks in the U.S.
A @factcoalition.bsky.social report found that 11 of these companies are paying 5x more income tax to foreign governments.
And under the new Trump tax law, oil-industry tax avoidance could get worse.
itep.org/oil-gas-comp...
A @factcoalition.bsky.social report found that 11 of these companies are paying 5x more income tax to foreign governments.
And under the new Trump tax law, oil-industry tax avoidance could get worse.
itep.org/oil-gas-comp...
Oil and Gas Companies Are Paying Less Tax to the U.S. than to Foreign Governments
Since 2017, these companies paid $135 billion in income taxes to foreign governments, but just $29 billion to the U.S.
itep.org
November 3, 2025 at 3:51 PM
Oil and gas companies receive enormous tax breaks in the U.S.
A @factcoalition.bsky.social report found that 11 of these companies are paying 5x more income tax to foreign governments.
And under the new Trump tax law, oil-industry tax avoidance could get worse.
itep.org/oil-gas-comp...
A @factcoalition.bsky.social report found that 11 of these companies are paying 5x more income tax to foreign governments.
And under the new Trump tax law, oil-industry tax avoidance could get worse.
itep.org/oil-gas-comp...
Reposted by ITEP
Trump’s tax bill hacks away at our schools.
States better move fast to raise taxes on rich people & corporation to make up for the shortfall.
States better move fast to raise taxes on rich people & corporation to make up for the shortfall.
Schools Brace for Mid-Year Cuts as 'Big, Beautiful Bill' Changes Begin
State decisions on incorporating federal tax cuts into their own tax codes could strain school budgets.
www.edweek.org
January 15, 2026 at 1:54 PM
Trump’s tax bill hacks away at our schools.
States better move fast to raise taxes on rich people & corporation to make up for the shortfall.
States better move fast to raise taxes on rich people & corporation to make up for the shortfall.
Reposted by ITEP
FIFA demanded sales tax breaks on World Cup Tickets. That means millions of dollars in lost revenue for host cities.
Each city is also expected to shoulder between $100 to $200 million in costs related to infrastructure, security, and logistics. itep.org/fifa-2026-wo...
Each city is also expected to shoulder between $100 to $200 million in costs related to infrastructure, security, and logistics. itep.org/fifa-2026-wo...
Not-So-Free Kick: How the 2026 FIFA World Cup Will Cost Cities Millions
Preparations are underway for the 2026 FIFA World Cup. Sixteen cities across North America will host its matches, and tickets…
itep.org
December 9, 2025 at 4:09 PM
FIFA demanded sales tax breaks on World Cup Tickets. That means millions of dollars in lost revenue for host cities.
Each city is also expected to shoulder between $100 to $200 million in costs related to infrastructure, security, and logistics. itep.org/fifa-2026-wo...
Each city is also expected to shoulder between $100 to $200 million in costs related to infrastructure, security, and logistics. itep.org/fifa-2026-wo...
The estate tax affects less than 1% of Americans. Getting rid of this tax would be a blatant giveaway to the absolute richest families in this country.
BREAKING: Republicans are trying to abolish the estate tax, as part of a bill they call "Making the American Dream Affordable Again."
The reality is this would let the super-rich transfer their wealth to the children, and cost the government $281 billion over the next decade.
The reality is this would let the super-rich transfer their wealth to the children, and cost the government $281 billion over the next decade.
January 14, 2026 at 3:48 PM
The estate tax affects less than 1% of Americans. Getting rid of this tax would be a blatant giveaway to the absolute richest families in this country.
States need more revenue. The wealth gap is growing wider. Americans think billionaires pay too little in taxes.
It's no surprise that more states want to explore ways to raise revenue from the wealthiest households.
www.marketwatch.com/story/tax-th...
It's no surprise that more states want to explore ways to raise revenue from the wealthiest households.
www.marketwatch.com/story/tax-th...
Crucial questions about wealth taxes could be answered this year — including whether wealthy people move to avoid them
A new year has unleashed a new round of debate on how much more money America’s super-rich should be paying in taxes.
www.marketwatch.com
January 13, 2026 at 3:08 PM
States need more revenue. The wealth gap is growing wider. Americans think billionaires pay too little in taxes.
It's no surprise that more states want to explore ways to raise revenue from the wealthiest households.
www.marketwatch.com/story/tax-th...
It's no surprise that more states want to explore ways to raise revenue from the wealthiest households.
www.marketwatch.com/story/tax-th...
The IRS is losing the ability to audit private equity firms due to a severe lack of resources and expertise.
Audits on firms such as Blackrock and Apollo have been "almost nonexistent."
This allows for more tax avoidance to go unchecked.
www.nytimes.com/2026/01/08/b...
Audits on firms such as Blackrock and Apollo have been "almost nonexistent."
This allows for more tax avoidance to go unchecked.
www.nytimes.com/2026/01/08/b...
Push to Audit Private Equity and Venture Capital Falters Under Trump
www.nytimes.com
January 12, 2026 at 5:15 PM
The IRS is losing the ability to audit private equity firms due to a severe lack of resources and expertise.
Audits on firms such as Blackrock and Apollo have been "almost nonexistent."
This allows for more tax avoidance to go unchecked.
www.nytimes.com/2026/01/08/b...
Audits on firms such as Blackrock and Apollo have been "almost nonexistent."
This allows for more tax avoidance to go unchecked.
www.nytimes.com/2026/01/08/b...