Trump pledged that Amazon would be forced to pay its taxes; thanks to his #taxscam, their profits went up and their taxes stayed $0.00

Cory Doctorow 4:48 pm Fri Nov 22, 2019

Amazon's tax bill in 2017 was $0. Trump was very vocal in his disgust at this situation and pledged he would make them pay their fair share. It's been a year, and Amazon's profits are way up ($11.2 billion!) but their tax bill remains precisely $0.00. Thank the #taxscam.

"Amazon pays all the taxes we are required to pay in the U.S. and every country where we operate, including paying $2.6 billion in corporate tax and reporting $3.4 billion in tax expense over the last three years," an Amazon spokesperson said in a statement.

Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018 [Kristin Myers/Yahoo Finance]

(via Naked Capitalism)

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