Saturday, May 18, 2024
46.0°F

Taxes, taxes, taxes

by By JOAN DAOUST
| April 2, 2024 7:00 AM

As we good citizens work to file our state and federal returns, we need to be mindful of recent federal tax policies that are grossly unjust.  

A new report from Americans for Tax Fairness notes that due to the 2017 Trump/GOP tax legislation 35 large, wealthy corporations paid less in taxes than they paid to their top five executives while receiving federal tax refunds of nearly $2 billion. 

Tesla paid Elon Musk and four other executives $2.5 billion, while receiving a corporate tax refund of $1 billion on $4.4 billion in net profits.

Become a Subscriber!

You have read all of your free articles this month. Select a plan below to start your subscription today.

Already a subscriber? Login

Print + Unlimited Digital Access USPS In County Mail
  • $55.00 per year
Buy
Unlimited Digital Access
  • $50.00 per year
Buy