Analysis: Dozens of Major U.S. Companies Paid Executives Billions More Than They Paid in Taxes from 2018-2022
• Dozens of major U.S. companies paid top executives more than they paid in federal taxes from 2018-2022, according to a new analysis.
• Companies like Tesla, Ford, and AIG paid billions to top executives while receiving tax credits or paying little in corporate taxes.
• The analysis examines the first 5 years after the 2017 corporate tax cuts went into effect.
• Advocacy groups argue tax cuts and high executive pay worsen inequality and balloon debt.
• The study relies on regulatory filings for tax and compensation data on profitable companies.