Currently, U.S. corporate tax revenues stand at a tiny 1.8% of GDP (the OECD average is 3.8%). Between 2018 and 2022, 55 major S&P companies paid an effective tax rate of under 5%. Tesla paid just 0.4% on $10.8 Billion in profits.
#TaxJustice #UnrigTheCode #CorporateTaxReform