Why Doesn’t Tesla Pay Federal Taxes?
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Tesla reportedly paid zero federal income tax on its US income, with some estimates suggesting the company used tax loopholes to save hundreds of millions of dollars. The company is not alone, as at least 88 other profitable US corporations also paid zero federal income tax. The issue has sparked debate, with some questioning how companies like Tesla and its affiliated businesses, such as SpaceX, can receive government funds while paying little to no taxes.
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