June 2, 2022

TheStreet.com: Amazon’s Biggest Rival Isn’t Walmart, It’s Congress

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Over that period the company paid $1.9 billion in U.S. corporate income taxes, according to a 2021 analysis by the Institute on Taxation and Economic Policy.

Those payments gave Amazon an effective tax rate of just 4.3%, about a fifth of the 21% statutory U.S. corporate income tax rate. Read more