Politico: As Bezos called for tax hikes, Amazon lobbied to keep its tax bill low

“It’s very likely they’re getting hundreds of millions of dollars a year in R&D tax credits,” said Matthew Gardner, a senior fellow at the Institute on Taxation and Economic Policy, who’s studied the tax habits of Amazon and other big companies.

Amazon declined to comment.

The tax breaks themselves aren’t at risk, but the deduction could become less valuable next year if Congress doesn’t act, which may explain why Amazon chose to ramp up its lobbying campaign around it. Read more