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Dick Durbin: “They paid zero dollars in federal income tax because of the…”

Featuring: Dick Durbin, Democratic | U.S. Senate Illinois

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Sen. Durbin on the Affordability Crisis

Published | Video Starts at 01:17

According to the Institute on Taxation and Economic policy, at least 88 of some of the largest corporations, including Tesla, Coinbase, Palantir, made more than $105 billion in 2025. How much did They paid zero dollars in federal income tax because of the Republicans' budget bill. Collectively, billionaires added one and a half trillion dollars to their wealth in 2025 alone, a 22% increase in one year. They really would be happy. (01:17–01:20)

CLAIM

Asserts that these corporations paid no federal income tax due to a Republican budget bill.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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