This is the second year in a row the trillion dollar company won't pay
Not only is Amazon paying ZERO in taxes â itâs getting a tax rebate aka refund of $129 million ¯\_(ă)_/ÂŻ
Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check to the IRS will read exactly $0.00.
According to a report published by the Institute on Taxation and Economic (ITEP) policy Wednesday, the e-tail / retail/ tech / entertainment / everything giant wonât have to pay a cent in federal taxes for the second year in a row.
This tax-free break comes even though Amazon almost doubled its U.S. profits from $5.6 billion to $11.2 billion between 2017 and 2018.
To top it off, Amazon actually reported a $129 million 2018 federal income tax rebateâmaking its tax rate -1%.
Whoâs going to pay for Trumpâs $22 TRILLION national debt? #AMZN and corporate America, NOT US!
End #Plutocracy End #Corporatocracy #FairTaxesNow  #TaxReformNow
