This is accurate — multiple major corporations are paying minimal or zero federal taxes under Trump's tax bill. Amazon paid 1.4% on $89 billion in profits; Tesla and Palantir paid nothing; Meta paid 3.6%. Tax experts estimate S&P 500 companies may collectively pay less than 10% on their income. The bill (the One Big Beautiful Bill Act, signed July 2025) is the driver — it expanded corporate tax breaks from Trump's 2017 cuts. The framing as "Big Ugly Bill" is Democratic opposition language, but the core facts about ultra-low corporate tax rates are well-documented and verified by credible sources including Marketplace, Bloomberg, and the Institute on Taxation and Economic Policy.