Amazon’s announcement to abandon their New York plans comes on the heels of a report from the Institute on Taxation and Economic Policy showing that Amazon made a profit of $11.2 billion in 2018, and, through its navigation of tax loopholes, did not pay any federal income taxes, instead gaining a tax rebate of $129 million.
Related Reading
February 9, 2026
What Did 2025 State Tax Changes Mean for Racial and Economic Equity?
February 2, 2026
State Tax Watch 2026
Mentioned Locations
New York, Virginia