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More than 100 Big Companies Paid No Federal Income Tax in 2025
The Institute on Taxation and Economic Policy said the airline received $18.7 billion in tax breaks last year.
- The Institute on Taxation and Economic Policy reported that 114 of the largest U.S. companies, including United Airlines, paid no federal income tax last year.
- Tax laws enacted under Trump and Congress expanded accelerated depreciation, allowing profitable corporations to deduct equipment and factory costs to significantly offset federal income taxes.
- Major corporations including Microsoft, Google, Amazon, Meta, and Walt Disney utilized these deductions, with United receiving $4.3 billion in tax breaks last year.
- Advocates argue these breaks boost productivity and hiring, though Institute on Taxation and Economic Policy senior fellow Matt Gardner says such strategies result in very low effective tax rates.
- While the report provides a yearly snapshot of corporate tax liability, analysts suggest examining rates over multiple years offers a more meaningful view of each company's actual tax burden.
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Tesla and 113 other companies paid no current federal income tax, but they still aren’t the biggest threats to the federal deficit, think tank warns
The Institute on Taxation and Economic Policy found more than 700 profitable companies paid less than half of the 21% statutory corporate tax rate, the lowest rate in decades.
·New York, United States
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The Institute on Taxation and Economic Policy (ITEP) revealed that hundreds of giant corporations do not pay federal commercial income tax (current federal income tax) at all, aka 0%.
Think tank: 114 companies paid no current federal income tax but still aren’t biggest hit to deficit
The effective corporate income tax rate is now the lowest it’s been in decades, and a tapering revenue source for the U.S. government is raising concerns among some policy experts. More than 700 profitable corporations paid 10.4% in current federal income taxes last year, according to a recent…
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Total News Sources46
Leaning Left8Leaning Right1Center35Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 18%
C 80%
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