Institute on Taxation and Economic Policy (ITEP)

April 16, 2026

Politico: Oil Company Founded by Energy Secretary Paid No US Taxes Last Year

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Liberty Energy paid no federal corporate income taxes last year. The company founded and formerly run by Energy Secretary Chris Wright was among several energy companies included in a report issued Tuesday by the nonpartisan Institute on Taxation and Economic Policy naming 88 companies that together made more than $105 billion before taxes last year but paid no federal corporate income taxes.

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Author

Matthew Gardner
Matthew Gardner

Senior Fellow