Daily Wire: Zoom Profits in 2020: $660 Million. Zoom Tax Payment In 2021: $0

Zoom hauled in some $660 million in pre-tax profits in 2020, compared to $16 million in profits in 2019, according to the Institute on Taxation and Economic Policy. “Corporations that pay their executives in stock often benefit from a provision in the federal tax code that lets them write off expenses that appear far larger than their actual cost,” according to the Institute on Taxation and Economic Policy. Read more