ICE's CORPORATE
COLLABORATORS: EXPOSED
How AT&T cashed in on Trump’s tax handouts—and helped ICE track, detain, and deport families.
$123.4 million
Based on SEC proxy statements, John Stankey, CEO of AT&T, received an estimated cumulative ordinary income of $123.4 million from 2018 through 2024.
$3.24 million
From this estimate his personal tax cut from the 2017 Trump-GOP tax law could be $3.24 million over that same period, just from the reduced top tax bracket.
Over that same period (2018 to 2024) the CEO’s total pay, counting unrealized income and non-taxable benefits, was $160.6 million, which is
218 times more
than the median AT&T worker’s salary over those same seven years.
Among the top five AT&T executives going back to 2018, their collective compensation package totaled
$660 million
Over the past 12 years (2013 to 2024), AT&T has reported
$209 billion
of domestic pre-tax income.
Over the four years before the 2017 Trump-GOP tax law was enacted AT&T paid an average effective tax rate of 13.1%. In the eight years since the 2017 Trump-GOP tax law was enacted, AT&T has paid an average effective tax rate of
5.7%
That change is equivalent to an annual tax cut for AT&T of
$1.4 billion
per year.
Over the past 12 years (2013 to 2024), AT&T spent $137.8 billion on dividends and $25.9 billion on stock buybacks.
AT&T has received $3.8 billion in federal contracts from 2022 to 2024, of which $382 million were contracts for Homeland Security. One of these contracts, worth $146 million over 10 years, is to “provide mission-critical communications services that support the agency’s national security and emergency preparedness mission.” In reality this contract serves as the digital backbone for Trump’s deportation machine and is being protested extensively in many communities across the country.
AT&T has spent
$27 million
influencing federal elections through campaign donations over the last decade.
It also spent
$140 million
lobbying members of Congress on legislation during that same time period.
On top of that, Amazon gave the Trump Inaugural Committee
$1 million
in 2024.
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