Profits: $11.3 billion
Tax bill: $0
Tax rebate: $129 million
Effective Federal Tax Rate for Amazon 2009-2018: 3% (not 21% or 35)
(you don't have to watch the whole thing to get the idea)
This is everything that is wrong in this country. Whether you want a wall or healthcare, if we just actually taxed large companies, we could pay for many of these things.
Amazon is a nice success story and I'm one of their millions of regular customers. Why can't we tax these companies properly?
This isn't class warfare. It is insane holes in our tax laws that only benefit the massive corporations.