[ansible]

> Now, if they were making billions in profit and paying zero taxes then that's different.

Some companies are, and are very clever in hiding that (offshoring profits, etc.).

Other companies (and their boards apparently) are content with "merely" overcompensating their executives, who then have their own teams of accountants and lawyers to avoid paying taxes. The companies themselves aren't running much profit, on the promise of a better stock price and future growth. In some cases this is legitimate because they are indeed investing in their own infrastructure or intellectual property.