Tesla says it won’t pay a cent in tax despite record profits.
Last year was by far the most profitable for Tesla as the company recorded net income of $5.5 billion, and adjusted income of $7.6 billion.
One explanation could be that Tesla structures its global operations so that income is reported from overseas subsidiaries often registered in tax havens like Bermuda, the Caymans or Luxembourg, while US operations report little or no taxable income.
THANK YOU SERFS and suckers for paying your income tax on your hourly wages! Don skip a dime or you’ll be in jail. Taxes are for the SERFS and SLAVES!
Capitalism 101. The stupid support the system keeping them poor. Corporations running the world. Running government. Siphoning money from the financial system. While the sheep herd and slave for their masters.
