The article criticizes Elon Musk amidst protests that highlight his low public approval ratings and perceived tax avoidance. It cites an Institute for Taxation and Economic Policy report detailing Tesla's substantial income without paying any federal income tax. Musk's engagements with government departments have raised concerns, particularly among fired employees involved in investigations of his companies. The article suggests that public compliance with higher tax rates could enhance Musk's reputation and public approval, amid calls for accountability from the tech billionaire.
I found an Institute for Taxation and Economic Policy statement that shows the company enjoyed $2.3 billion of U.S. income in 2024 on which it reports precisely zero current federal income tax.
For Space X rocket and satellite launches, your company pays no tax to support air traffic control, unlike commercial airlines that pay for every takeoff.
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