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)