Salon: Taking the Amazon union battle to the C-suite

The Institute on Taxation and Economic Policy recently reported that Amazon “avoided” about $5.2 billion in corporate federal income taxes in 2021 while reporting record profits of more than $35 billion (75% higher than its 2020 record haul) and “paid just 6 percent of those profits in federal corporate income taxes.” According to the nonprofit, if “Amazon had no tax breaks, it would have paid 21 percent of its profits in corporate income taxes, or more than $7.3 billion. Instead, it paid $2.1 billion.” Read more