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 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 report from the Institute on Taxation and…