Skip to content

Comment on Corporations Like Nike Paid $0 Federal Tax in 2020 While CEO Pay Soared

Comments

When a similar story came out about Amazon last year, it seemed that the main explanation is that this was due to increased employee compensation which in turn increased employee income tax (which is at a higher rate than corporate income tax). In theory this is better for all parties involved since employees are getting more income and govt gets more tax income, but the article was a bit short on details so I couldn’t tell if that was also happening here.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.