Institute for Economic Taxation and Policy reports that under Trump's billionaire tax cuts, Amazon, Alphabet, Meta, & Tesla collectively paid just 4.9% in federal corporate income tax on $315B in profits. Tesla paid $0.
•That's $51B in tax cuts for just 4 corps from just 1 year
•If they'd paid the original 35% rate their taxes woulda been ~$110B
•Free public college for every American child is ~$75B
45M students get massive debt so 4 billionaire corps get massive tax cuts.
This is America.