See these excerpts and then read the entire commentary:

Tesla is perhaps the most dramatic example. Over the period 2018-2022, the electric car maker raked in $4.4 billion in profits but paid no federal income taxes. Meanwhile, Tesla CEO Elon Musk became one of the world’s richest men.

In addition to Tesla, 34 other large and profitable U.S. firms—including household names like Ford, Netflix, and T-Mobile—paid less in federal income taxes between 2018 and 2022 than they paid their top five executives.

We Know We Need Change When Major US Companies Pay Execs More Than Uncle Sam

More tomorrow,

Ed