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MarketPlace: Politicians Are Chipping Away at America’s Tax Base, Despite a Growing Debt

Summary by ITEP
88 of America’s largest companies, including Tesla and United Airlines, paid no federal corporate income taxes in their last fiscal year. The Trump administration’s tax cuts favor wealthy households and corporations, while low income taxpayers foot the bill.

Bias Distribution

  • 100% of the sources lean Left
100% Left

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ITEP broke the news on Monday, May 11, 2026.
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