The New Yorker: New York City Activists Drive Out Amazon

Two rhyming bits of Amazon news. The first is that Amazon, according to a report from the Institute on Taxation and Economic Policy, was taxed at an effective rate of negative-one percent in 2018, having paid a federal income tax of zero dollars and having received a rebate from the federal government of a hundred and twenty-nine million dollars. During that year, the company nearly doubled its profits, from $5.6 billion to $11.2 billion. Read more