Live Nation Entertainment reported $145 million in U.S. income for 2025 but recorded no cash paid for federal income taxes, citing a taxable loss created by provisions in the One Big Beautiful Act. The company noted it used available credits and deductions to offset its federal liability while incurring minimal state tax expense.

Senator Bernie Sanders publicly criticized Ticketmaster, Tesla and Palantir for paying zero federal income taxes despite record profits, calling the situation an outrage and questioning whether political leaders will address corporate tax avoidance. His comments spotlight regulatory and reputational risks for companies leveraging tax breaks under recent legislation.