Institute on Taxation and Economic Policy

BBC: Amazon’s Jeff Bezos Backs Tax Rise on Companies

Media Mention • By ITEP Staff

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Analysts say changes to those rules are likely to stir stronger opposition from businesses than the rise in the corporate rate, which many companies do not face, thanks to deductions and other credits.

In 2020, Amazon paid an effective federal income tax rate of 9.4%, according to the Institute on Taxation and Economic Policy.

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